TAX ADVISORY & COMPLIANCE
Firm has a prominent taxation services practice and provides a complete and comprehensive range of services in taxation, both for direct as well as indirect taxation covering clients ranging from companies to high net worth individuals seeking personal tax advice. Under this division the firm is providing the following services:
Income tax registration; tax planning and strategy development; obtaining confirmations, clarifications and permissions from the tax authorities; preparation and filing of tax return; handling tax audits; finalization of tax assessments and undertaking representations, objections, and appeals; employees’ income tax including designing efficient compensation structure for employees; monthly filing of withholding tax statements; sales tax registration; implementing the sales tax system (sales tax invoices, sales tax register and records etc.);
filing of monthly sales tax returns; undertaking representations, objections and appeals; and obtaining exemptions and concessions wherever applicable.
BUSINESS STARTUP CONSULTANCY
With our expertise, we can streamline the setup process and reduce administrative burdens. We’re here to assist with business planning and finding the best structure for your venture. Let us help you get started on the right foot.
At FinanTax, we offer a range of services to help you set up your business smoothly. We handle registrations under various laws, including Sole Proprietorships, Partnerships, Registered Firms, Private Limited companies, LLCs, Nonprofits, Trusts, and Joint Ventures. We also assist with registrations with government authorities like the Inland Revenue, Customs & Excise, Chamber of Commerce, Board of Investment, Pakistan Software Export Board, and Trademarks offices.
ACCOUNTING & BOOKKEEPING
Our accounting and bookkeeping services provide a comprehensive approach to managing your financial records with precision and clarity. We offer customized solutions that cater to businesses of all sizes, ensuring accurate record-keeping, timely financial reporting, and full compliance with regulatory standards. Whether you're a small startup or a well-established enterprise, our dedicated team of professionals is here to support your financial needs, helping you make informed decisions, optimize resources, and achieve long-term success. Let us handle the complexities of your finances so you can focus on driving your business forward.
ACCOUNTING SOFTWARE SOLUTIONS
Under Accounting Software Consultancy we offer assistance in choosing or introducing a new computerized system which can manage your daily accounting transactions and help your accounting staff to create financial reports for you easily. With over 15 years of experience to draw upon you can be guaranteed that we have the skills and knowledge necessary to make sure that the investment you make in your system is not wasted. We can assure that your organization is using the most appropriate accounting software.
At FinanTax Consulting, we are not just an authorized reseller of Intuit QuickBooks—we are a premier provider in the region, dedicated to delivering top-notch services that exceed expectations. As the exclusive authorized premier reseller for QuickBooks products in Pakistan, we offer a full spectrum of services tailored to meet the unique needs of small and medium-sized businesses.
Our offerings include seamless installation of QuickBooks software, ensuring it is set up to optimize your specific business processes. We also provide customized solutions, adjusting the software’s features to align perfectly with your organizational needs, whether it’s streamlining invoicing, payroll, or inventory management. Additionally, we deliver comprehensive training programs, empowering your team with the knowledge and skills to maximize the software’s capabilities, ensuring your business reaps the full benefits of QuickBooks
PAYROLL PROCESSING
Maintaining payroll happens to be one of the most time consuming and costly tasks of any business operation. Outsourcing payroll processing services to us will enable you to minimize your routine tasks at an affordable cost. Our payroll processing services are cost-effective. If you wish to avail our cost effective and professional payroll processing services, simply contact us with your requirements and we will provide a solution that best meets your needs.
Under our professional payroll services you will receive following from us:
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Appropriate calculation and withholding of taxes;
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Calculation of payroll taxes to be paid by employer;
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Filing of payroll reports;
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Depositing of withheld amounts with tax authorities;
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Printing and filing of year-end employee tax documents with tax authorities such as Income Tax Return; and
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Maintenance of Individual employee’s control account (historical record of advances against payroll, deductions, liabilities, benefits, bonuses etc.)