LEGAL ADVISORY

  • Corporate law encompasses many aspects of businesses and regulates how
    stakeholders can act within their company, which makes solid corporate
    legal advisory essential for any business, it is important for corporations to
    understand the liability and ownership held by different stakeholders in your
    company. Corporate law is important to understand because it can affect the
    way that your company grows and changes. When looking at corporate law,
    it is important to recognize that litigation can occur. When this happens, it is
    important to have a trusted advisor to help you through this process.
  • We at Universal Accountants, as professional and caring practitioners,
    always aim to fully understand our clients’ perspective. We understand our
    clients’ needs and various legal services that may be required under
    different circumstances. We can provide full legal advice to facilitate your
    needs quickly and efficiently. Our proactive team will look at your problem or
    situation and work with you to ensure that your expectations are met and
    that you are abiding by Chinese and international Corporate Law.
  • We are committed to resolving our clients’ problems and provide timely
    advice that fits in your personal timeframe. The time and efforts saved by
    our practice will undoubtedly improve your firm’s operations and enhance
    its capacity to respond to unexpected matters swiftly. By utilizing different
    resources that we have gained from our years of experience working in the
    Chinese business field we are able to provide a dynamic outlook on the
    situation and find the most efficient way to solve your problem.
  • When assisting clients, it is most often because their business is changing
    and developing. In the process of change it is always important to have
    someone that you can trust and we hope to be your firm of choice.

CORPORATE ADVISORY

Should your business suffer from significant underperformance, experience
financial distress, Universal Accountants can help. Our team has many
years’ combined experience regarding strategic reviews, divestitures,
mergers and acquisitions (M&A), shareholder activism, government
transactions, leveraged buyouts, capital raisings and emerging companies.
We work closely with you to understand challenges that come on the way.
We offer bespoke corporate advisory services to entrepreneurs, private and
public companies, institutions, and governments. Here are some of the
services we provide:

  • Innovative Ideas & Tailored Strategies – We help you achieve your business
    goals. Whatever the circumstances, get fresh ideas and creative advice from
    our experienced team members to help you achieve your objectives.
    Understanding your business is of foremost importance so that we can
    provide tailored strategies accordingly.
  • Preparing business plans – A comprehensive and robust business plan is key
    to success that defines the key objectives and their financial implications.
    Our experts help you develop the best one.
  • Options analysis – if limited funding is holding your business back, don’t
    worry! We’ll assess all possible options and help you find the best solution.
  • Turnaround and performance improvement – We will provide expertise to
    help you make the change.
  • Financial restructuring – Get benefit from our impartial and honest advice
    regarding financial restructuring to help you solve problems. Crisis
    management – If you’re suffering from crisis, we help you survive and
    recover stronger than before.

Our Capabilities;

  • Strategic Reviews – We evaluate client’s strategic options and advise the
    best solutions.
  • Mergers & Acquisitions – We deal M&A transactions, developing innovative
    tactics, identifying opportunities, and providing end-to-end execution
    support.
  • Divestitures – We asses’ business owners available exit options and tailoring
    a transaction that delivers certainty.
  • IPO Advisory / Capital Raisings – We advise on the capital raising process and
    assist our clients with accessing capital whether from private or public
    capital markets or financial sponsors.
  • Emerging Companies – We provide capital solutions for emerging companies
    and specialist advisory services to their founders / entrepreneurs.
    Connect with us to learn more about our corporate advisory services.

PRA (PUNJAB REVENUE AUTHORITY)

We provide state of the art services to persons registered with or liable to be
registered with PRA. We are specialized expert to deal with PRA’s Campaigns
like Implementation of RIMS at Restaurants. We provide assistance during the
Installation process of RIMS and afterwards take care of all matters with no
worries at your end.

Our integrated teams give you the perspective and support you need to
manage Punjab Sales Tax on Services effectively. We provide you with effective
processes to help improve your day-to-day reporting and Monthly Tax Return
as per RIMS data if installed. For PRA, reducing attribution errors, reducing costs
and ensuring Punjab Sales Tax is handled correctly.

SRB (SINDH REVENUE BOARD)

For businesses based in Sindh, it is very important to register those for Sindh
Sales Tax if involved in Taxable activities. At Universal Accountants, we provide
all sales tax related services to client for reasonable charges. Following are the
details related to SRB registration and its compliance.

Sindh Sales Tax Registration:

Any business involved in activities on which sales tax is applicable is liable to
get registered with SRB for sales tax. Sales tax registration is also required to
enter bidding or tendering process with a government department or
multinational company, even if a business is not involved in taxable activities.

Required Documents for SRB registration.

  • Copies of CNIC of all Directors / Partners
  • NTN of the Company or AOP (If Available)
  • Lease Agreement or Ownership Documents
  • Paid Electricity Bill of Registered Office
  • Letterhead of AOP / Company
  • Bank Account Maintenance Certificate
  • Sales Tax Registration – AOP/ Partnership Firms
  • Sales tax registration with SRB is required for AOP if AOP is involved in taxable activities.

Sindh Sales Tax Registration – Companies:

Sales tax registration with SRB is required for company if any company is
involved in taxable activities.

SALES TAX & VALUE ADDED TAXATION

General Sales Tax (GST), which is a modified form of VAT. Rampant changes in
the GST law have made it intricate and difficult for taxpayers to understand the
tax cycle. Due to this difficulty many organizations are now facing problem in
identifying risk areas and to ensure that they fully comply with the Pakistan Tax
structure.

At Universal Accountants, our expert tax consultants remove this burden of
worry from you, allowing you to focus on business goals around the world. We
not only keep you aware of recent tax changes that may affect your business
now or in future, but also will help you to integrate a plan into your business
strategy.

Our range of services includes:

  • Tax Planning and Strategy Development
  • Applying for and obtaining GST registration.
  • Preparation and filing of Monthly GST Returns
  • Maintenance of GST Record
  • Following up GST exemption(s)
  • Reviews of existing systems to highlight possible areas of penalties
  • Advises for adjustment of input and output taxes and pursuing in claim
  • Assistance in obtaining refunds from Federal Board of Revenue as Tax Refunds are very important for our clients, therefore, we always give due diligence for claim of proper tax credits and taking refunds from FBR.
  • Representation on behalf of the clients before tax authorities on contentious GST issues
  • Performing as E-Intermediary
  • Advisory on day to day tax issues
  • Assistance in Issuance of NTN for the clients and STRN of the clients.
  • Assistance in going through Audit
  • Filing of Appeals of Sales Tax at all levels.
  • Assistance in obtaining Exemption certificates
  • Registration and maintenance of record for Duty & Tax Remission for Exporter (DTRE)
  • Correspondence with the CBR for removing fiscal anomalies

Taxation practice is the forte of our Firm. We have a pool of real taxation
experts that have the expertise to handle every situation faced by our most
valuable client call us today!