Partnership / AOP Taxation

NTN Registration AOP

If you are an unregistered partnership then only identity that you have is NTN. Further NTN is required to open a bank account of partnership and to involve in bidding or tendering process.

Filling of Tax Return 

Partners are jointly and severally responsible for payment of all liabilities of firm. If you are a partner in a firm then make sure that your firm file tax return regularly. Further being non filer AOP/ Firm you attract higher withholding tax rates on banking transactions, vehicle token, vehicle purchase / transfer, supplies and services provided by you

Sales Tax Registration 

Sales tax registration with FBR is mandatory for firms which are involved in taxable activities.

Filing of Statement 

Quarterly statements of advance taxation and Statement of Tax Collected Deducted are also filed by us, we make sure strict compliance with laws and rules while filing statements.

Filing of Tax Returns of Partners

Filing of tax returns of directors is more important specially in case of partnership firm, there must be an agreement between the financial statements head of accounts relating to partners, e.g loan from partners account, share capital account and changes in loan from partners account. We provide services of filing returns of directors along with corporate tax return , we make sure that financial statement are align with directors’ personal returns.