Frequently Ask Questions (Faq's)

We're here to help, from getting you started, to long after you file. Let us help you with all your tax filing needs.

It is like why an architect for a building, consultation, in a way, is mandatory in business. It saves time, unnecessary spending, involves planning for the future, save from penalties and untoward outcome of business decisions.

We think like you do for your business, apply research and all applicable laws for the given assignments, keep your business secrets as you do it for yourself.

Perhaps you do not require professional assistance for becoming just a filer if you are computer literate. Being just a filer is not a desired goal in business. Exact grouping of Income and related expenses is key for arriving at taxable income, to achieve this end almost all the businesses and individuals require Professional Services.

It is safe with LBG and we never share even a bit of it with anyone. The declared information in Financial Statements and Return of Income may be shared if it is required under the Law.

Statutory Audit is mandatory under Companies Act. Other audit assignments will help business to develop SOPs and Internal Controls for efficient business operations which leads to success.

It depends which tax return is being filed. There are different requirements for various types of business and sources of Income. It also depends on that in which territory the income is being earned/received/accrued

Yes, one can file ones return individually while declaring his/her share of business from the partnership business.

One can apply for registration of trademark under Intellectual Property Laws. The form of Application for Trade Mark is called TM1.

Unless you rare in business as well and you are using some business name which you think is distinctive and qualifies for registration in your favor, of course you can apply for registration of trademark.

Depends on the various sources of Income for the individual, assets in the name of the individual or in the name of his/her dependents. Enrollment/registration with FBR requires only 5-10 minutes provided you have a cellular sim in your name and a valid email address.

Depends on the type business and business entity, manufacturing, trading, commercial imports, agency, distribution, restaurant or consulting business.

Yes, it is mandatory.

For a partnership, minimum two, For SMC, as the name goes, single member is required and for a private Limited Company at least two sponsor directors are required.

NPO is a non-profit organization and approval for NPO is granted under section 2(36) of the Income Tax Ordinance 2001. The rules for application for approval of NPO status are given in chapter XVII of Income Tax Rules 2002.NPO either can be Trust, a Society, a company u/s 42 or a trade body/association like trade association and chamber of commerce. It can not be sole proprietorship.

We are here to help

Our tax professionals will calculate your taxes and e-file return.

What Happens Next?

  • Real-time checking as you enter
  • When you complete a section, system will check again for any issue or
  • Includes advisory on Salary & other income, Capital Gains, Foreign assets

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