OUR SERVICES

Irfan & Associates is a multi-oriented Pakistan-based tax & corporate attorney since 1999 working as a progressive and dynamic full service law firm with help of a talent pool of some of the best Pakistani young lawyers. The firm has its office in Lahore through which we can provide seamless legal services.

Corporate Laws

Irfan & Associates has been striving for years to provide an exemplary service to companies and businessmen, we are proud of our reputation for providing our clients with certified financial advice, tax technical aid, and strong working relationship.

BANKING LAWS

Our attorneys are knowledgeable in all areas of general including banking laws, but not limited to quench fraud claims, loans, offshore banking and banking regulation cases in Pakistan.

Civil Matters

Tax laws, which concerns the rules laid down in the law as to assessment, enforcement, procedure, coercive measures, administrative and judicial appeal, and other such matters.

INCOME TAX

The Pakistani government has finalised the tax brackets for salaried people for the fiscal year 2022–2023 and set a minimum income tax rate of 2.5% for those making up to Rs. 100,000 per month and a maximum income tax rate of 35% for those making over Rs. 1 million per month.

SALE TAX

The government levies a consumption tax known as a sales tax on the purchase of goods and services.When a consumer buys a good or service from a retailer, sales tax, which is estimated as a percentage, is added to the cost of the item.

In Pakistan, the typical sales tax rate is 17%.

SALE TAX  ACT 1990 

The Sales Tax Act of 1990 was passed with the intention of levying, amending, imposing, adjusting, collecting, remitting, and dealing with all issues related to sales tax.

FBR

To verify, oversee, ascertain, track, balance, and effectively enforce the withholding system and other pertinent aspects of the Income Tax Ordinance, 2001, and Sales Tax of 1990, throughout all of Pakistan.

PRA

The vision, mission, and values of the Punjab Revenue Authority (PRA) are unique. Its goal is to develop and stabilise to a point where it can guarantee wise income mobilisation for long-term growth.

The standard sales tax rate is 16% of the total cost of the services. Telecommunications services, however, are subject to a 19.5% sales tax.

SECP

According to the SECP Act of 1997, the Securities and Exchange Commission of Pakistan (SECP) has the authority to oversee the growth of the corporate sector as well as the non-bank financial markets, which include the capital markets, mutual funds, non-banking financial companies (NBFCs), modarabas, insurance firms, and private LTD.

NTN

Senior Lawyers' Services for GST, PEC, PSEB, PSW, DTS, and Other Registrations and Compliance. Sales tax, income tax, and company registration attorneys in Karachi and Islamabad.

The seven-digit NTN issued after e-enrollment is the NTN or Registration Number for AOP and Company. These login details provide access to the Iris site.

TAX RETURN

By signing into Iris, submit your income tax return online. IRIS is an online filing platform for income tax returns.

If you are filing your income taxes for the first time, registration is necessary before you can submit your return.

You can log into Iris and file your income tax return after registering. By selecting "E-enrollment for Registered Person," those who have earned a National Tax Number (NTN) or Registration Number but lack the necessary log-in information for Iris can gain access.

WHO ELIGIBLE FOR TAX RETURN?

For a salaried person to correctly file their income tax return, the Declaration form 114(I) must be finished. This form is available to those whose only source of income is a salary and other sources, where the salary represents more than 50% of their total income.

TRADE MARK REGISTRATION

In Pakistani territory, a trademark registration is valid for ten years beginning on the filing date. The registration may be extended an infinite number of times for further ten-year periods. A trademark can theoretically be protected indefinitely.

Possessing a trademark registration. As soon as you begin using your trademark with your products or services, you are considered a trademark owner. By applying your trademark, you have rights in it, but those rights are only valid for the country in which you are selling your products or services.

IMPORT EXPORT LICENCES

To Export or Import Goods into Pakistan for Commercial Purposes, you must first Register your Business.

COMPANY REGISTRATION

A company should register with the Securities and Exchange Commission (SEC) so as to submit the mandatory work outlining the specifics of a planned public giving. The prospectus and personal filings square measure commonly the 2 elements of the registration.

EXPERIENCE YOU NEED, RESULT YOU WANT

One of the main areas that I work on with my client’s is register for sale tax and shedding these non-supportive beliefs and replacing them with beliefs that will help them to accomplish their desires.