An NGO (Non-Governmental Organization) is a non-profit, voluntary organization that operates independently from the government and aims to promote social, economic, cultural, or environmental welfare. Registering an NGO in Pakistan requires complying with legal requirements and following specific procedures. Step 1: Understanding the legal framework Before registering an NGO in Pakistan, it is essential […]
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A non-profit organization (NPO) is an entity that operates to serve the public interest, rather than for-profit. NPOs in Pakistan are registered under the Societies Registration Act, 1860, or the Companies Act, 2017, and are granted tax-exempt status by the Federal Board of Revenue. In this article, we will discuss the benefits of registering as
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In Pakistan, non-profit organizations (NPOs) are commonly referred to as non-governmental organizations (NGOs). These organizations are formed for a variety of purposes, such as promoting social welfare, education, healthcare, environmental conservation, and other charitable causes. If you are looking to register an NGO in Pakistan, here is a step-by-step guide: Choose a Name for Your
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Renewing a business registration in Pakistan is a crucial process that all business owners should be familiar with. It involves updating and renewing the registration of your business with the relevant authorities to ensure compliance with the law and avoid any penalties. In this article, we will discuss the steps involved in renewing a business
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The Federal Board of Revenue (FBR) in Pakistan offers a range of tax exemptions to various individuals and entities based on different criteria. Here are some of the most common tax exemptions offered by FBR in Pakistan: Agriculture income tax exemption: Individuals who earn income through agriculture are exempted from paying income tax if their
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COMMON COMPLIANCE ISSUES FACED BY BUSINESSES IN PAKISTAN Tax compliance Tax compliance is a term that refers to the ability and willingness of taxpayers to comply with their tax obligations. In Pakistan, tax compliance is a significant challenge for businesses, as they have to deal with a complex and frequently changing tax system. We will
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Trademark registration is an important legal process for businesses in Pakistan to protect their intellectual property. A trademark is a unique symbol, word, phrase, design, or a combination of these, used to distinguish the goods or services of one company from those of another. Registering a trademark gives the owner the exclusive right to
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Pakistan has a different types of tax system that includes various types of taxes levied at different levels of government. Understanding the different types of taxes is essential for individuals, businesses, and other entities operating in Pakistan to comply with the tax laws and fulfill their tax obligations. Here are the main types of taxes
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To renew a license with the Pakistan Engineering Council (PEC), please follow these steps: Step 1: Log in to your PEC Account Visit the official website of the PEC at https://www.pec.org.pk/ and log in to your account using your username and password. Step 2: Check Your License Status Check the status of your license
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