Taxation matters in Pakistan are becoming ever more complex and difficult for businesses to manage. At SULTAN LAW ASSOCIATES,
we have a team of specialist Lawyers, who provide dedicated stand alone tax advice,
tax structuring advice and transactional tax advice resulting from any business activity.
Our expertise crosses a wide range of taxation issues affecting commercial transactions, and those arising from corporate re-organisations and disposals.
We also advise on contentious taxation matters, defending and pursuing claims against Inland Revenue, and some international tax matters.At federal level, there are four types of Taxes in Pakistan.
Under section 4 of the ordinance income tax is imposed for each tax year at specified rates on every person who has taxable income for the year. The tax payer is calculated by applying the rates(s) of the tax to the taxable income of the tax payer for the year and from that amount is deducted any tax credits allowed to the tax payer for that year. Following are the broad categories of taxpayers:-
Sales Tax is chargeable on all locally produced and imported goods except computer software, poultry feeds, medicines and unprocessed agricultural produce of Pakistan and other goods specified in Sixth Schedule to The Sales Tax Act, 1990.
Customs duties in Pakistan are levied on ad-valorem basis. The maximum customs duty is 25%. In addition to the customs duty, the government charges 15% sales tax on the duty paid value of a variety of goods imported into the country. Customs duty and other charges are payable in rupees.
Our team of commercial lawyers give commercial advice on all aspects of running a
business and on relationships with customers and suppliers, together with issues which may arise in relation to:
We advise on all documentation required to reflect the terms of contractual and commercial arrangements, including agency, distribution, supply, services and
Our lawyers recognise the challenge of financing transactions, especially in the current economic climate.
Balancing the terms of the finance package on offer and the commercial objectives of the parties, whether lenders or borrowers, can be a delicate business, requiring expert input in order to achieve the best result.
SLA’s Banking & Finance lawyers are experienced advisors in these transactions.
We approach every financial transaction with pragmatism, market knowledge and excellent risk and project management skills.
Our Areas of Specialization are :-
THE Constitution of Pakistan contains a range of provisions with regards to labour rights.
Pakistan Tax Law Consultants have highly expertise in dealing with Labour Law Issues in the following areas:-
Criminal law encompasses the rules and statutes written by Congress and state legislators dealing with any criminal activity that causes harm to the general public, with penalties.
It also covers criminal procedure connected with charging, trying, sentencing and imprisoning defendants convicted of crimes.
Our Areas of Specialization are :-
9. Restraint, confiscation and cash seizures
10. Mortgage Fraud
11. Dawn Raids, Search and Seizure
12. Risk management and fraud prevention
13. Press intrusion and relationship management
14. Professional discipline procedures
15. Company investigations
16. Health, Safety and Environment and Public Law and Judicial Reviews
Constitutional matters are gradually assuming important in Pakistan due to its relevance to community problems and issues,
such as the composition and functions of governmental institutions, protection of individual rights and freedoms, powers and actions of State functionaries, etc.
SULTAN LAW ASSOCIATES’s role in creating awareness about legal and constitutional issues and better understanding of the evolving legal concepts and principles among the people is without any doubt.
Sakhi Sultan Street, Ravi Colony Ravi Road, Lahore.