Compliance Check list of a Private Limited Company in Pakistan

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Corporate Compliance
1. Form – A (consist of appointment of Legal Advisor, Chartered Accountants, list of Directors, list of Members etc.)

2. Form – 29 ( consist of particulars of Directors & Officers including CEO, Company Secretary, Chief Accountant, Auditors and Legal Advisor or any change therein)

3. Audited Accounts
Submit to Securities & Exchange Commission of Pakistan (SECP) upto 31 October of every year

Tax Compliance
1) Statement of collection or deduction of income tax deduction under section 165 (Parties against receiving supplies & services by Company) online filing on FBR Web Portal every month

2) Statement of collection or deduction of income tax deduction under section 149 (Employees having 33,333 or above per month) online filing on FBR Web Portal every month

3) Statement of collection or deduction of income tax deduction under section 149 (Employees having salary 400,000 per year) online filing on FBR Web Portal upto 31 Aug every year

4) Annual Income tax return of the company along with audited accounts upto 31 Dec every year

 Other Compliance
I. The workers drawing wages not exceeding Rs.10,000/- per month or Rs.400/- per day Company is liable to be register in Sind Social Security Institution (SESSI) & Pay contribution 7% of salary

II. Registration in Employees Old Age Benefits Institution (EOBI) Pay contribution 400 by Employer & 80 by employee total 480 per employee every month

 

For further details contact 03333820293

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