Tax Consultant For Hire in Pakistan — Personal & Corporate

ARE YOU FILING YOUR RETURN THIS YEAR OR ARE YOU SEEKING A PROFESSIONAL ADVICE?

Let’s be honest. When it comes to filing taxes, most of us have no clue what we’re doing.In fact, most of people don’t even know who should file their tax returns each year!

Maybe you’re not that confused about the tax preparation process. But, if you’re like most people, you’re probably dreading this tax season, especially if your financial situation is more complicated than most.

If you’re not sure how to go about filing your taxes, you might benefit from hiring a tax consultant.

What Benefits Can You Gain by Hiring the Tax Consultant?

Tax consultants or tax advisers, are experts in tax law, planning and compliance and cater to both businesses and individuals. A tax consultant grows from the role of a tax preparer who not only give free updates on tax law and practices but also help in hassle-free and error free tax returns, give suggestions to reduce tax liability and solutions for tax saving. They also help in finding out credits and deductions that your business qualifies for.

Tax consultants are endowed with analytical mind capable of interpreting data and documentations Tax consultants work in public accounting firms, law offices, financial consultancies, banks and insurances.

The broad benefits gained by recruiting tax experts are:

* Saves Time in Preparing tax returns
* Strategizing with Clients to Minimize Tax Liability
* Communicating with Clients to Explain Tax Issues
* Updating Client about Tax Laws and Practices
* Keeping Clients Compliant with their Tax Obligations
Planning for
* Structuring the affairs of clients to minimise tax liability
* Making complicated computations
* Preparing various documents and records
* Researching and analyzing tax legislation on a frequent basis and updating when required
* Meeting with clients to help them understand the changing legislation      * Working with revenue provisions
* Meeting and negotiating with Federal Board of Revenue and Customs

If someone attempts to file their tax returns for his or her company, it is extremely complicated and time consuming. It is always advisable to recruit a tax expert who can efficiently file tax returns with competency and saves time, effort and hassle associated with the process.

Tax consultants also conducts paperwork for all income tax returns which is difficult for a layman to do.

WHO WE ARE?

LEADING LAW ASSOCIATES was established in 1999. We are one of the best Tax Consultant firm in Sialkot Pakistan and are engaged in providing consultancy services in the field of Income Tax, Sales Tax and Corporate Law.

we are experienced tax consultants with over 19 years of practice preparing atypical tax returns for clients. Dedicated professional with extensive knowledge of the tax codes and ways to legally lower tax liability for clients. Committed to providing the best care to clients through transparent communication and timely preparation of taxes. Skilled in negotiation with a strong ability to problem solve to assist clients with tax problems.

With years of rich experience and credibility to back up, LEADING LAW ASSOCIATES has always been able to meet the client’s specific requirement.

There is no substitute for our knowledge training and experience.

WHAT WE DO?

We strive for every interaction to be driven by our CORE values: Insightful Expertise, Integrity is Everything, Service Excellence, Inspiring Innovation, Each Person Counts, Results-Driven, & Social Responsibility.

Here’s how we can help:

We will work together to create a proactive tax plan that will help you stop spending unnecessary tax amount each year.

We use the knowledge of tax legislation to provide advisory and consultancy services to clients, ensuring that they pay their taxes in the most efficient way and benefit from any tax advantages and exemptions.

We Provide valuable input for planning and structuring business operations and ventures.

We take advantage of the loopholes and tax strategies hidden in the tax law just for our clients with our no obligation free tax diagnosis.

If the tax situation you are in is a complicated one, such as investments or foreign income, you will definitely want an expert eye looking over all of your paperwork. One wrong move could trigger an audit, and that is something that nobody wants.

It’s important to remember that the way you file taxes in your first year can dramatically impact future filings. Even if you’re a sole proprietor, it’s worth it to get started on the right foot..

Services Available online in Pakistan

  • Obtaining NTN (National Tax Number)
  • Preparation of Sales Tax Registration Documents
  • Filing of monthly Sales Tax returns
  • Sales Tax Refund
  • Preparation of Accounts/Records for return filing, Sales, Purchase,        Profit & Loss Accounts
  • Statements U/S 165
  • Filing of Income Tax Return
  • Consultancy in Tax Matters & Business Planning
  • Private Limited Company Registration

Services Available in Sialkot, Lahore & Gujranwala Only:

Establishing and Registration of:

  • Obtaining Business NTN (National Tax Number)
  • Sialkot Chamber of commerce & industry (SCCI) Membership
  • Sales Tax Registration
  • Web One Custom (WeBoc) Registration
  • Assistance in identifying the right business structure
  • Incorporation filings

Income Tax

  • Preparation & Filing of Income Tax Return
  • Assessment of Tax Returns
  • Income Tax Refund
  • Statements U/S 165
  • Consultancy in Income Tax matters & Tax Planning
  • Income tax Appeals before Commissioner of Income Tax (Appeals)
  • Income tax Appeals before Income Tax Appellate Tribunal (ITAT)

General Sales Tax

  • Sales Tax Registration Number (STRN)
  • Filing of monthly Sales Tax returns
  • Sales Tax Refund
  • Sales Tax Audit
  • Consultancy on Sales Tax on regular basis
  • Understand current business model of your business in discussion with management
  • Undertaking Sales Tax Impact Analysis for your business transactions and specific activities

Company Law Matters Consultancy

  • Formation of company in Pakistan, Private Limited, Public Limited, single member private limited company, Limited Liability Partnership (LLP), etc.
  • Corporate restructuring
  • Valuation of Equity Shares
  • Consultancy in above matters

Working hours

Working hours are mainly 9am to 6pm, Monday to Saturday, with some extra hours and work at weekends during busy times, such as the end of the tax year.

Get in touch with us with a list of your needs and we will get back to you ASAP. All our tax advisers/consultants are highly qualified, with both a proven track record as well as attractive rates.

Need more information before you act? please contact us during the working hours.

Get Free Consultation

Leading Law Associates offers a free consultation service to every new client. Get the opportunity to learn about our professional services we can provide you.

Let us add value to your business and provide our expert advice and recommendations that will help you get maximum benefits and easily achieve your tax goals.

Imran Mushtaq
Advocate High Court
For Calls & What’sApp: 03216187073 + 03316126105

Address: Leading Law Associates, Office No. 22, 2nd Floor, Vains Mansion, Near Mission Hospital, Paris Road, Sialkot

NTN registration in Pakistan

Hello Pakistan,

Today I am going to answer the most popular question among people who opt to file returns with Federal Board of Revenue.

Yes, I am talking about “The NTN registration in Pakistan”.

Here it begins:

STEP 1: ENSURE AVAILABILITY OF DOCUMENTS

Get the following documents and information.

  • INFORMATION REQUIRED FOR ENROLLMENT
  1. Cell no (Registered on the name of applicant)
  2. An e-mail address (operated by applicant)
  • DOCUMENTS REQUIRED FOR NTN REGISTRATION
  1. Copy of the paid Electricity Bill (Not older than 3 months)
  2. Ownership papers/Rent agreement
  3. Salary Certificate/Salary slip (Only for salaried person)

STEP 2: ENROLLMENT

This is the process to create a user-ID and password for availing various electronic services offered by FBR.

Here is how you can enroll yourself.

  1. Visit the FBR’s website https://iris.fbr.gov.pk/infosys/public/txplogin.xhtml, on the main page you will see this screen:Iris Home Page.png

2. Click on the link “Registration for Unregistered Person”.A page will appear on the main screen, shown in the picture below:

New Registration Form.png

Fill all the necessary information in the given fields and click on the submit button.

3. Two different 6 digits codes will be sent on your given cell number and email.

4. Enter the codes in the related fields and submit again. Now your account will be created to sign in with your account, a password and a pin code will be sent you by SMS and email.

STEP 3: APPLICATION FOR NTN (NATIONAL TAX NUMBER) REGISTRATION

Once you successfully created the account, go to the main page of IRIS and enter your login credentials, “NIC” in registration field and the password you received in the password field. Now click on the login button to login. You will see a screen as shown below:

home-page

On the left side of the screen click on the “DRAFT” and you will see an application of “181 (form of registration filed voluntarily)”.

Click on the application and the

edit-button

and

delete-button

buttons will be activated;

finding-application-2

click on “EDIT” Button and a window will appear showing your personal information in the personal tab.

PERSONAL TAB

personal-tab

Carefully check the information, if its written correct then proceed to the next step otherwise consult with your lawyer or FBR’s NTN cell for any incorrect information.

PROPERTY TAB

Click on the property tab, you will see this screen:

property-tab-empty

Now click on the “

plus-button

” button on the right side of the screen, a box will open:

property-address-add

Fill all the required information and click OK to save the information in the property tab. you will see a screen like this:

property-added

Check mark the box “

tick-mark

” at the right side of the address bar to make it residence address.

****NOTE****

  • If you have more than one address, repeat the same process to add.
  • Residence/Head office is necessary to mark otherwise your application will not be submitted.
  • Write “100%” in shared field if you are owner of the property, in case of rent, write “1%” in share field.
  • If the premises on the rent please choose “Benami/lessee/tenant/franchise/occupant” in capacity field two new fields will be appeared on the box, As shown below:in-case-of-rent
  • Write your landlord’s CNIC in related field and click on the search button to search, system will get information and show you the name of landlord.

BUSINESS TAB

business-tab-empty

If you own a business, enter your business by clicking the

plus-button

button on the right side, a box will open.

adding-business

Write your business name select the capacity as owner and acquisition date as current date. Now click the

plus-button

button on the below panel, a business activity box will appear.

business-activity

Now click on the

search-button

button to search and add your desired business activity. Now click “OK” to save the information. Your business will be added in the Business Tab ,

business-added-short

Now click on the

plus-button

button on the right side of the Business bar to give a address link to your business, a box will appear

linking-property

showing you one or more addresses, Check mark to choose the desired address you want to give your business.After linking the business address click on the business name to verify if the address is added,Shown below:

showing-linked-business-address

***NOTE***

  • Skip this tab if you are applying for Salaried Person.
  • One activity must be marked as principle activity.
  • You can choose more than one activity that applies on your business nature but you can only choose one activity as principle.
  • If you have a plan to get registered in sales tax in the nearest future then tick marks the st-mark(ST) sales tax in all activities.
  • You can add more than one address to a business

LINK TAB

link-tab

If you are an employee of a company/organization or have links with other persons then you must give a link to your employer or persons. To add your employer(s)/Organization please click on the

plus-button

button on the right side of the Tab, a “Link Persons” box will appear.

link-persons

adding-employer

Select the capacity that better describe your link with the person or company .Now click on the

search-button

to search the person or company by entering NTN No/CNIC No or Name. System will show you the matched results.

searching-employer-short

Select the exact person/company. Now write the shares percentage , choose the start date and click ok button to save the information.

***NOTE***

  • You cannot add one person or company more than once

ATTACHMENT TAB

attachment-tab

To attach the documents with your application please click on the “

plus-button

” button, a box will open.

documents-attachment

Now click on the “

search-button

” button to search & Select the document description.Now click on the “Choose File” to choose the relevant scanned document file from your computer and click ok to save.

Step 4: SUBMISSION OF FORM

Recheck all the information again and submit the form.

BEST OF LUCK !

If you have any further queries,Please comment.