Reduce the complexity of doing business with Sayub & co.

Sales tax return in Pakistan is document submitted by company declaring the collection of sales tax charged on the sales of the business. The Pakistani government uses different sales tax percentage according to different businesses and their sectors in which they are operating in. The process sounds to be easy but it can be very difficult and complicated for businesses to do so. Karachi Electric Company (KEL) asked the FBR to make the process easy for filling of sales tax return and remove the difficulties. Similarly, a lot of businesses face the same issue while drawing up their sales tax returns. Sayub & co understands the fact and for this reason they have legal advisory and tax advisory departments that will help your businesses in overcoming this issue. We not only provide these, but also corporate advisory services along all the services we provide to our clients. These advisory are broad in nature and can help you add more value to your business and improve your profits.

Sayub & co’s have the best mix of expertise from accountants, lawyers to analysts. So, that Sayub & co can be of assistance to your business and bring in the knowledge and expertise that your business may require. We will work with due diligence and according to the laws and regulations and bring up solutions that will benefit your business. These may include advices related to cutting cost, help with registration of a corporate or any unincorporated businesses in Pakistan according to the law. Providing assistance in asset management or in legal matters such as court orders or possible legal cases. Sayub & co will provide you with corporate advisory whether you need development or business advices. Sayub & co is well equipped with skills to save the day and cut the difficulty down for you of doing business.  Contact now to get the help you need.

Transaction advisory services of Sayub

Planning on a merger? Planning on a business takeover or an acquisition? Then you would require transaction advisory services, which refers to an assistant who will be advising your business whether you are selling our buying a business. No matter what side of the transaction you are, to get the most out of the deal your business would need transaction advisory services. Such services are brought to you by the Sayub & co. our professional team will help you in different aspects of the deals. As each deal is based differently according to the different needs and business type our team high experience levels will help business in it.

Our transaction advisory services not only include guidance for mergers and take over but we will help your business in the matters related to capital restructuring, tax, valuation and much more our sole purpose is to serve in the best interest of our clients. We provide our services with due diligence, to secure what is right and fit for our clients. If your business requires help in matter like sales tax registration, fixed asset management, capital management, capital restructuring, asset valuation, acquisitions, Disposals Management buy-outs Buy-ins, fundraising, initial public offerings, takeovers and mergers, and strategic reviews contact Sayub & co. we will look after the matters that you need help in. We will try our best to reduce the risk and add will help add value to your business. We know how risky investments and deals could get, and we will bring in light the risks. We will bring in the expertise that will help you uncover the problems and increase the profitability and we cut the complexity of doing business. This will save time and money for your business. So, do not miss on any new opportunities we have the knowledge and skill to serve your business.  

GET YOUR ASSETS MANAGED

Worried about what percentage of depreciation to charge? Or when to replace your fixed assets such as motor vehicle and machinery? What should be the estimated life of a fixed asset? All these questions need to be answered very sincerely and thoroughly by the businesses, because a misjudgment in the valuation of fixed asset could prove to be troublesome for businesses. As failing to manage all these properly and according to the law could affect the integrity of the public and private limited businesses. That is why It is necessary for businesses to have proper fixed asset management.

For this reason, Sayub & co. also offers fixed asset management services to your business along with the other services being provided by our firm. Our firm will ensure quite a few things for our clients. Such as, the fixed assets are tracked and updated so that your business can maintain efficiency and at the same control the fixed assets in most profitable way. This will be done through providing information to the clients related to fixed assets and it will be ensured that no ghost fixed assets are in the records of the business. As public and private limited companies must have an audit every year related to tax and for trading of shared. The over valuation of accounts can directly affect the accounting of the business and can increase the chances of questionable integrity of the business which can result in action by the securities exchange of Pakistan.

Properly maintaining and managing fixed assets would also increase the business compliance of a business in the society and will add to business value. As it is required by law of Pakistan and the accounting regulations in Pakistan any business must take proper step while valuing their fixed assets. So, why not leave this task on the experienced professionals of Sayub & co. to help you decrease the complexity of doing business. Get in touch now to get help from our professionals.

Ensuring your future with Sayub & co

Business advisory services are very important for a business in today’s world of high competition. The term may seem to do little but it this service can change worlds for businesses. Business advisory services are provided by accounting firm, which uses their expertise and skills and then provide guidance to other businesses. Whether your business is a startup or have been in market for a long time, and your business is considering to expand into new markets, business advisory service can always come in handy for various reasons, as it does not serve only one but business advisory service can help your business in many ways.

Sayub & co. is also an accounting firm which also provides various services to businesses of which one is business advisory service. We can help your business from devising up new business strategy or helping your business with an existing one. We will help your business in adopting most effective and efficient plans that suits best to your business model. Moreover, you can also avail our services to find out the most profitable and suitable investment options for your business according to the needs of your business.

Apart from these, we will serve our client with setting up their business and we understand the issues that new startups would encounter. We will provide help with registration of both types of business incorporated and unincorporated. The different and confusing laws makes doing business really difficult especially for businesses that are a startup, and have to do a lot of preliminary work for the first time. Making a mistake at such an earlier stage could directly affect the future of the business. That is why Sayub & co will not only provide advisory services focused on the businesses that are looking to expand but our services also include help with registration of company, registration of sales and income tax according to the sales tax act. It does not matter what stage is your business at we at Sayub & co. are here to ensure to the future of your business. To get business advisory services contact Sayub & co. now.

Company compliance in Pakistan

Company compliance is very important for businesses. No business is above the law. The world’s largest corporate have failed a lot back lash while failing to comply with the law. There are numerous examples. From both international and local markets. Bank of Credit and Commerce International Is the prime example from Pakistan. The bank grew to be the 7th largest private bank since its inception, and soon after it was under investigation and the bank was found to be involved to be in quite few massive violations of law. The Price Water house investigated the bank, and found that it had defied the laws, was involved in money laundering and much more deregulation activities. The point is that operating without company compliance could take any business or institution from the top to its end, as was the result with Bank of Credit and Commerce International it was forced to close after the governing bodies found about their activities. This case makes it very evident that how important it is to have company compliance

We Sayub & co. are not just an audit firm in Karachi, that will just provide with audit services we are capable of serving our clients in various of aspects of their business needs. From planning and maintain the company compliance of your business, and develop such legal and financial solutions to your business that will promise the future of your business. We understand that how much one might have invested in a business and no one wants to make a failed investment. Be it with their money or time. As business needs both to be operational and be profitable. Apart from legal services consisting of advice's we are also very well equipped to provide advice's to your business on the financial needs. To get more help and information contact Sayub & co now.

Get audited by Sayub & co.

Auditing is an important for a company in their financial year. Securities exchange of Pakistan has made it mandatory for public limited companies to have their books audited. Auditing holds key importance for all they stakeholders of the company. The government needs audit reports; the potential investor is interested in the audit report. These reports show the how financially stable and sound the business. This helps the business prove about its financial transaction and the sincerity towards these transactions from the business. Who would want to trust business which cannot prove the legality of their transactions and book keeping. We at Sayub & co. have the exact solution for businesses which need audit reports. Sayub & co. is an auditing firm in Karachi that will help you in attaining the auditing report that will help your company please all of your stakeholders.

In continuation of Sayub & co. auditing services there are many other services that are available for our clients. With tighter and tighter control on taxation policies by government Sayub & co. also offers assistance with the matter of taxes. Such as help in sales tax registration for your business, and of income tax. Help in preparation of income tax and service tax and much more. Our services are here to add value to your business. By, ensuring that corporate compliance is at the highest with in your business. Our team of chartered accountants and legally qualified persons will work with diligence to provide you with solutions that fits best according to your business model.  To get assisted and to avail these solutions for your business contact sayub & co. now. We assure you that our services will be provided under the industry’s ethical code and the legal system of Pakistan.

“Sayub” The help your business needs

Sayub & co. offers a wide ranges of business services of which one is legal advisory services to its clients in Pakistan. In today’s ever changing world, the risk of doing business has increased in great margins. With new taxes, policies, legislations being brought into effect It can be very difficult for a business to keep up with these changes. Our legal advisory services include advising over court cases and specific matters of law. Moreover, our team and expertise will help you analyze the business environment, let’s say there is an opportunity for your business in another country, and you really want to tap into the market, but would it be feasible for you to do so? What are the taxes that you might be subjected to? Not only this but we also have the local market under our surveillance too. We understand the fact that as the E-commerce is expected to grow up to $1 trillion, there are going to be changes made in the policies and taxes for E-commerce which would also change the income tax policies related to it.

The last extension by federal bureau of revenue for the year 2016 was on 15th December, which just passed by. If you want to submit revised income tax returns or revised sales tax return our teams will provide you the legal assistance you require, and even if your business was brought under legal action for failing to comply with federal bureau of revenue or in any other court related matter we will you’re your business out in these matters. To get the help in with planning according to law compliance contact Sayub & co. now so that we can be of full assistance to you and your business. We aim to provide best of our services to our clients please note that they will be in accordance to the law securities exchange of Pakistan and institute of chartered accountants

Future of taxes and your business

Tax policies in Pakistan are being made tighter and tighter by the day for the purpose that Pakistan needs to reduce the tax gap it have which is humongous in percentage and as well as figures. With International monetary fund’s payment to be started in year 2018, the government of Pakistan is keen on increasing its revenues so that it has got enough funds to start the repayment of the foreign debt. With last extension for the year 2016 for filling income tax return just passing on the 15th December, the government of Pakistan is all set to produce fiscal budget for the year 2017. A lot can be expected in the coming years budget; the government might focus more on reducing the gap of tax in Pakistan. As witnessed, the year 2016 proved to be a good fiscal year in term of collection, due to diligence of federal bureau of revenue and national accountability bureau the tax collection sky rocketed and broke records.

The same level of action by federal bureau of revenue and national accountability bureau is expected to be done in the year 2017. So, for the safety of future of your business, businesses would be required to offer full corporate compliance on their behalf. This includes proper income tax registration and filing, sales tax registration and filling, to provide assistance to businesses Sayub & co is offering its legal services which will help your business in such matters. Such as, registering income tax, sales tax and other assistance that your business might require will be provided by our team. Be It from filling income tax returns or help with court orders. Sayub & co will offer to assistance to your business, according to the law of Pakistan. To get assistance please contact sayub now.

Tax help has arrived

The Pakistani government have been really active in the recent past in the matter of tax collection, due to which there have been new and stringent laws introduced by the Pakistani government. The Federal Board of Revenue (FBR) has set up a tax reform committee for the following purposes:

1. Review and rationalization of Direct and Indirect Taxes
2. Customs Tariff Rationalization
3. Review of Autonomy and Administrative structure of FBR
4. Creation of border force to deal with illegal movement of persons and goods across international borders; and
5. Any other related issues

Which means that there are going to some changes made to the current tax system in Pakistan, it can be very difficult to keep up with these ever changing laws for businesses and individuals, what is even more difficult is the different determination methods for income tax, there are so many headings and then sub heading that follows which could apply to any business transaction. From buying of a property to sale of shares or securities. As in Pakistani it is necessary to have National Tax Number (NTN) in transaction for assets. To have the NTN number business must be a registered tax payer. The declaration of income is important, and business must complete tax registration, which is done with the income tax returns. Sayub & co. will help your business in tax registration and creating of income tax returns, which is also one difficult task to do, and if not done correctly it could lead up to legal action taken against the business by Federal Board of Revenue (FBR). An important source of income for businesses is the revenue generated from the sales, each and every business has different goods and services to offer, which makes them liable to different sales and service tax. We understand that each business has unique nature and can be generating income through sales of various good and services. Sayub’s team will help you in identifying with the sales tax that is associated with your specifics business. Sayub can help your business with taxes and registration of income and sales tax act.

Audit and Accountancy with Sayub & co

The general concept of an accountancy firm is that they do monotonous tasks they record transactions in accounts, there are accountants sitting all day behind their desks, and carrying out the accounting process, but an accounting firm is much more than that. An accounting firm like Sayub & co. Will help your business not only with your typical book keeping, but also we will provide you with advisory services. These services range from providing forecasting, helping with handling finance locally and abroad. Such as if you have operations off shore we will help you with the taxation that you would have to deal there, similarly if an international business sees an opportunity in Pakistani market we will help with the different taxes and financial guidance that your business requires. Today’s business world is tightly controlled with different laws, and regulations, which can increase the time and cost of doing business. Our goal of being an accounting firm is to help you in such tacky situations, and make doing business easy for you.

Along with our advisory services we will also provide your business with auditing services, which also makes us an auditing firm in Karachi, Pakistan. Either it is an internal audit or audit required by the securities exchange of Pakistan. Sayub & co. is equipped with helping businesses with it due to their highly qualified team which strongly follows the ethics standards and laws and regulations set institute of chartered accountants of Pakistan. As it is required by securities exchange of Pakistan for publicly traded companies to get their accounts audited at the end of every financial year, failing to do so can greatly effect the reputation of the company and shareholders value if the securities exchange of Pakistan takes an action against the company. On the other hand internal audits are also important for business although not legally required but they help businesses with keeping up with the check and balances required to assure proper accounting methods are followed with in the company while the transactions are recorded. Sayub & co. can also help your business with auditing.

Record Keeping and Registration of Taxes with Sayub

It is very likely that some of us had some information that what tax is and how to deal with them. Most business have departments for taxes, to prepare income tax returns and it is a common misconception that most accounting firms help in that only, but in fact it just a very small portion of work that accounting firm do. Sayub & co. is also an accounting firm that will help your business through different taxes that are applicable on different transaction and business activities. Such as tax applicable on sales, income, service, merger, acquisition, imports the list of taxes just goes on and on and it gets very difficult for business managers, because in today’ world it is very likely that any business decision taken has some sort of tax attached to it. This is where smart accounting firms step in like sayub & co. which will help you and your business in preparing of tax files, because these taxes can be very complicated, we have our team of professionals who are tax specialist and will help you out in sorting out your taxes. From your income tax records to filling of income tax. We understand that it can be difficult to keep up with these changing laws and regulation implemented by the government and it’s our job to do so.

We will help you with the registration of different taxes, through these ever changing requirements by law. We will give you the best mix of tax preparations which is according to the needs of your business. If you are a service business we will help you identify with different service taxes, and help accordingly with your business service and sales tax registration and preparation. To get more information contact Sayub & co. Our help full staff will be ready to assist you.  

Sayub & co. the guide you need

Everything around us in today’s world is changing. We are going through constant change. Once we used to travel on animals, then came cars, and now we are seeing self-driving cars emerge as the new mode of transportation. Not only our transportation has changed but with these changes the laws, regulation, markets are changing. We have All these changes are happening continuously, and this means that the atmosphere in which your business is operating in is getting complex, and to keep up with these changes in the market could be very difficult for a business manager, and costly. For this reason, your business needs professional’s help. Help from people who are good with analytical skills and have deep market insights. Who will cut down the complexity and make doing business relatively easy for you. With their business consultancy services. Which will get you the help from professionals who are experts in different matters. Sayub & co. can provide you with business consultancy, giving you the knowledge and help that your business does not have ability to generate on its own. Our business consultancy firm will provide you with the specific knowledge according to your business need, whether your business in local or international we will provide you with the knowledge you need.

Sayub & co. is the accounting firm that is not only limited to one specific area. We will provide you with business consultancy, auditing services in Pakistan, legal advice, tax advice. We are proud to tell that we one of the few auditing firms in Pakistan and we have our services in Karachi. We would not only audit your accounts but we can also advice on how better utilize your funds for future. To get the help from Sayub &co. call now. Our team awaits you.

Audit Services and Company Compliance by Sayub & Co.

Company compliance is an important part of doing business. It refers to complying with laws and regulations of the country. These laws include many things such tax laws, employment laws, registration laws and much more. All these laws can be very difficult understand and interpret them. For this businesses need legal help and service to help them get through these different and difficult laws, and in Pakistan, a country where laws are always under constant change. It is important to have such a service provider that will help your business go through such change and help them maintain their corporate compliance. Sayub & co. is such a firm that will provide you with the legal services to maintain the status of corporate compliance.

With Sayub’s expertise in the field of finance you can trust the business to provide you the financial service you would need, such as auditing services, fixed asset management and much more. Our auditing service can help your business whether it’s an local or international business, with our staff which is a team of chartered accountants and lawyers will help your business in getting audited officially according to the laws and needs of the Pakistani government. Moreover, an appropriate auditing report will help you in maintaining the stakeholder’s confidence. Sayub & co is the name you can trust in maintaining your legal status and corporate compliance. As it is legally required for businesses to have their accounts audited, our team will provide this service with upholding the ethics and standards required, and get the audit done in best possible manner. To get more information and assistance please contact now we will be more than willing to help your business out in such situations.

Audit and Sales Tax Registration with Sayub

Auditing is the legal requirement for many businesses such as corporates that are both private and public limited. Auditing refers to getting the accounts inspected or checked officially. Corporations are legally required to publish their auditing reports. It is very important for firms to get their accounts audited. In Pakistan the securities exchange of Pakistan requires the audit report. This audit report is basically proof that all the accounting procedures, regulations and always for followed while drawing up the accounts and there was no fraudulent acts involved. This audit report can directly affect the stakeholder’s interest and confidence in the business. So having an auditing firm is very important to businesses and their stakeholders. What is more important is that the auditing firm follows the laws and regulations while auditing the accounts, or the results will be disastrous. The famous case of Enron, when the auditing firm failed to comply with law while auditing Enron’s accounts accurately, resulting in fraud at both end, by the auditing firm and by Enron. This created a remarkable case in the accounting world. Sayub & co. males sure that there auditing services are according to the law, set by the institute of chartered accountants Pakistan. Sayub & co. auditors maintain high levels of ethics and professionalism while auditing. It’s the service you can trust for your audit, because at Sayub & co. the team is compiled of CA qualified along with lawyers that will help your business in auditing. We at Sayub & co. understand the different needs of different businesses, out team have vast experience and knowledge and will definitely prevent case like Enron happening with their client. Sayub is offering one of the best Auditing firms in Karachi.

Along with our accounting expertise, you can always trust Sayub & co. for the legal help that your business needs. Such as registration of your business, registration of different types of taxes, for example sales tax registration, income tax registration. We take pride in what we do, in providing assistance to other businesses. Contact Sayub & co. now for the assistance you require

Company Compliance and Audit Services by Sayub

Company compliance refers to doing business according to the law, although business is doing legitimate business activity and transaction but it fails to maintain the financial books, standards and many other things required by law. The term company compliance is very broad and failing to comply could result in severe backlash by the government and the courts. The biggest example in business world is of Enron, and energy trading company which did not follow proper accounting standards, and it went from being the innovative company of the year to bankrupt, and a huge scandal was left behind after the closure.

For businesses in any part of the world it is important to maintain company compliance, there are different laws and regulation that bound companies and make up their standard operating procedure, for example it is required by securities exchange of Pakistan for all publicly traded to get their book audited and publish the auditor’s report annually. So, this is standard operating procedure for publicly traded companies, and there are other standard operating procedures that a company or business must follow while conducting audits. Failing to comply with law in such case could be disastrous and could result in action by the government. For this reason, businesses need to have proper audit firm which have high integrity, ethics, and professionalism with in their audit teams. Such a firm is Sayub & co. whose audit services can be trusted and relied upon. Sayub & co. has a team of chartered accountant who will help any business willing to get their audit done according to laws and regulation set by Institute of chartered accountant Pakistan, while maintaining the ethics standards and following standard operating procedures during the audit.

So if you are initiating a company, expanding it or you are looking for professional help for better outcomes Sayub and Co. is here to help and assist you till and after your business flourish. Contact now for professional help.

Audit and Tax Registration with Sayub & co

Karachi is the business hub of Pakistan, with recent years the country has encountered economic improvement, and as a result the government of Pakistan has been keen to introduce strict and tighter controls over business activity. The country faces a huge tax gap, which means the tax revenue that the government should have been receiving is not equal to what it receives. As a solution to this problem the federal bureau of revenue and national accountability board have conducted campaign on large scales against individuals and businesses to overcome this problem of tax audit. There have been countless raids conducted by federal bureau of revenue and national accountability board on businesses and many individuals and businesses have also faced court action against them while they failed to comply with the laws of Pakistan’s government.  

This has not only increased the collection of tax revenues in Pakistan, but this has also resulted in increased risk of doing business along with the new complexities being added by the government. We at Sayub & co. try to solve these issues for your business. By providing solutions to many issues related, such as sales tax registration, income tax registration, auditing internal and external and much more to help you in doing business in such versatile market and situations.

Sayub & co. is not only just an accounting firm it is much more. With providing solutions to your finances to handling court related matters. We can provide the statutory solution your business requires. It is also one of the auditing firms in Karachi, which can provide audit services to your business, whether your business is public or private limited, Sayub & co have the expertise to serve your business. To get professional help for your business, why look any further when Sayub & co. is here to answer .

Business Advisory Services by SAYUB

Sayub & co. is not your usual accounting firm. It is a lot more than just that. The name encompasses broad range of services from auditing the accounts to legal advisory. One of these services is business advisory service of Saub & co.  

Doing business is not an easy task, mismanagement and missing an opportunity can literally flip the fate of your business. There are countless examples from various industries that have failed due to not reacting to changing the market. Kodak the business that once used to rule the film for photographs filed for bankruptcy. General motors, the company that once controlled more than 50 percent share of the motor industry in United states filed for bankruptcy after the crisis of 2007.

For a promised future of business, it is always nice to have a guardian angel by your side. Not the literal one, but one that can save and advice your business. Such services are available through the business advisory services. We will advise your business on the main financial management methods though our highly qualified team. By bringing in sight the most profitable and comprehensive solutions to your business. Our Business Advisory team is capable to develop and offer tailored and specific consultancy and financial advice according to client. Our professional team is committed to understanding and exceeding your specific organizational requirements and will work under the ethical code and the law. So, that you can add value your business.

Along with our business advisory services we can also provide help with legal matters, with our legal advisory, be it the difficulties in different tax acts, such as sales tax act or your business requires help in dealing with legal case. Sayub & co. is the guardian angel for your business. To acquire the services please contact Sayub & co.

Essential Business Guide by Sayub & Co

Sales tax act is an indirect tax charged on the sales of good and services. In Pakistan the most of the tax receipts for government comes from collection of indirect taxes in the country, and it has been made very evident by the law enforcing agencies that how they want to increase their tax collection in the country by the wide outspread level of raids and investigation done in the year by Federal board of revenue for the evasion of taxes.

As a business owner it is important for them to maintain the longevity of a business for both themselves and the stakeholder of the business. To ensure your business in doing so Sayub & co. will help with matters related tax. Making sure that all services provided to your business are according to law of Pakistan’s government. Sayub & co. has a team of professional that will be guide for your business, while you and your team can focus on the core business.

Apart from services that will help your business with tax. Sayub & co will also provide your business with corporate advisory services, providing assistance with current and future prospect of your business. We will provide you with services on different aspects of finance, financial evaluation, and the on financial need of your business. Whether your business is ready for a takeover or merger, or you want to sell your business. Proper valuation will always come in handy so that proper finances could be generated and the best possible outcome could be arrived at. This is just one point of corporate advisory service that Sayub & co. is capable of providing. We can provide help to your business with many financial related services and we will cover the all possible spectrum of financial services and serve in the best interest of your business. Making sure that future of your business is insured.