Maverick Business Consultancy Pvt Ltd

12/05/2023

12/05/2023

📣 Attention Business Owners! 📣

Struggling with PEC License renewal and legal matters? Look no further! Maverick Business Consultancy is here to provide you with expert guidance and top-notch solutions. Our comprehensive range of services includes Tax Matters, Audit, Financial Statements, SECP Registration, Trademark Registration, IPO Registration, Copyright, NGO Registration, NPO Registration, and Software House Registration.

Why choose us? 🤔

✅ Extensive Experience: With years of industry expertise, we've successfully served numerous clients, including over 30 foreigners. We know the ins and outs of PEC renewal, ensuring a hassle-free experience for you.

✅ Comprehensive Solutions: From licensing to tax compliance and intellectual property protection, we offer a complete suite of services tailored to your specific needs. We'll guide you through the process with utmost efficiency and accuracy.

✅ Personalized Approach: We understand that every business is unique. That's why we provide a personalized experience, addressing your specific challenges and goals. Your success is our priority.

✅ Trusted Professionals: Our team comprises seasoned experts well-versed in PEC License renewal and related matters. Rest assured, you'll receive guidance from qualified professionals committed to delivering exceptional results.

Don't let bureaucratic hurdles hinder your business growth! Contact Maverick Business Consultancy today and let us handle your PEC License renewal, Tax Matters, and more. Focus on what you do best – running your business – while we take care of the rest.

✉️ Send us a message now or visit our website at www.maverickbusinessconsultancy.com to learn more about our services. Together, let's pave the way for your business success!



For inquiries, contact Engr Luqman Hakeem:
📞 00923348885678 (WhatsApp and mobile)

12/05/2023

🌟 Attention Business Owners! 🌟

Are you struggling with PEC License renewal and various other legal matters? Look no further! Maverick Business Consultancy Pvt Ltd is here to provide you with top-notch solutions and expert guidance. We specialize in a wide range of services, including Tax Matters, Audit, Financial Statements, SECP Registration, Trademark Registration, IPO Registration, Copyright, NGO Registration, NPO Registration, and Software House Registration.

Why choose us? 🤔

✅ Extensive Experience: With years of industry expertise, we have successfully served numerous clients, including more than 30 foreigners. Our team is well-versed in handling PEC renewal procedures, ensuring a hassle-free experience.

✅ Comprehensive Solutions: Whether you need assistance with licensing, tax compliance, or intellectual property protection, we offer a complete suite of services to meet your specific requirements. We'll guide you through every step of the process, ensuring efficiency and accuracy.

✅ Personalized Approach: At Maverick Business Consultancy, we understand that each business is unique. That's why we tailor our services to your individual needs, ensuring a personalized experience that addresses your specific challenges and goals.

✅ Trusted Professionals: Our team consists of seasoned experts who are well-versed in the intricacies of PEC License renewal and related matters. Rest assured, you'll receive guidance from qualified professionals who are committed to delivering exceptional results.

Don't let bureaucratic hurdles slow down your business growth! Contact Maverick Business Consultancy today and let us handle your PEC License renewal, Tax Matters, and more. Focus on what you do best – running your business – while we take care of the rest.

✉️ Send us a message now or visit our website at www.maverickbusinessconsultancy.com to learn more about our services. Together, let's pave the way for your business success!


+923348885678

18/12/2021

No Further extension shall be granted.

19/05/2021

Types of Business Structures in Pakistan

To start with, we will discuss the different business structures available for entrepreneurs and businesspersons in Pakistan.

These include:

Non-Corporate Structures

*Sole Proprietorship
*General Partnership or Association of Persons (AOP)

Corporate Structures

*Limited Liability Partnership (LLP)
*Single Member Company (SMC Private Limited)
*Private Limited Company (PLC)
*Public Limited Company (Not being discussed in this article)
*Sole proprietorship* is registered with the Federal Board of Revenue and the General Partnership is registered with the Registrar of Firms in your respective city/district.

The corporate structures (LLP, SMC, PLC, and Public Limited Company) are registered with the Securities and Exchange Commission of Pakistan (SECP).

Sole Proprietorship
Sole proprietorship is the simplest form under which an individual can conduct a business. It is not a separate legal entity and responsibility of liabilities and debt rest with the proprietor.

Sole Proprietor pays the taxes on his personal income.

Partnership (AOP)
Partnership or Association of Persons is another simple business structure. It works just like the sole proprietorship but with multiple partners. Partners enter into a simple agreement that lists their respective shares and terms of doing business.

Partnership is not a legal entity and all liability rests with partners. Income of the partnerships is taxed only once and partners are not required to pay tax on salaries or profits drawn by them.

Limited Liability Partnership (LLP)

In contrast to a General Partnership or an Association of Persons (AOP), the LLP is a separate legal entity and provides protection to other partners from joint liability created by the misconduct of another partner.

This business structure combines the advantages of Limited Liability Company and the flexibility of a general partnership (regulated under Partnership Act, 1932) at a low compliance cost.

Single Member Company (SMC)

A Single Member Company is set up as a separate business entity from its owner and only has one shareholder. The single member serves as a director and has complete control of the company.

Small business owners who are running their business as a non-corporate entity e.g. sole proprietorship can form an SMC which is a corporate entity with limited liability.

Private Limited Company (PLC)

A private limited Company (PLC) is the ideal business structure for SMEs that need to raise capital on a small to medium scale.

A PLC is a separate legal entity from its shareholders. Shareholders elect a board, that, along with the company’s CEO takes the operational decisions.

in contrast to the LLP where only the income of partners is taxed, the company pays corporate tax on its profits and shareholders separately pay the taxes on income (dividends or salaries)

A company may also require a company secretary, legal advisor and auditor depending on its size

19/05/2021

Benefits of Company Registration in Pakistan.

*Advantages*

• Limited Liability: It means that if the company experience financial distress because of normal business activity, the personal assets of shareholders will not be at risk of being seized by creditors.

• Minimum number of shareholders need to start the business..

• The business will continue even if one of the owners dies.

• More capital can be raised as the maximum number of shareholders allowed is 50.

• Scope of expansion is higher because easy to raise capital from financial institutions and the advantage of limited liability.