Private Limited Companies
Overview
For private limited companies in Pakistan, CBM Consultants serves as a dedicated compliance and financial support partner, helping businesses navigate the evolving landscape of Pakistan’s tax laws and regulatory requirements. We specialize in managing corporate income tax and sales tax obligations, ensuring full compliance with FBR guidelines, including scrutiny support and accurate return filing.
In addition, we establish strong financial controls through precise bookkeeping and professionally prepared financial statements that align with corporate reporting standards. This detailed financial documentation enhances decision-making, improves transparency for shareholders and stakeholders, and ensures smooth processing during audits or any FBR review.
What does “Private Limited Company”mean?
A private limited company is a formally registered business that operates as a separate legal entity from its owners. In Pakistan, it is incorporated through the SECP and provides limited liability protection, meaning shareholders are only responsible for the company’s debts up to the amount they invested, keeping their personal assets safe.
It is owned by a limited number of shareholders (up to 50) and managed by directors who oversee daily operations. The company can enter contracts, own property, sue or be sued in its own name, and continues to exist even if ownership changes.
Services offered for Private Limited Companies
Accounting andBookkeeping:
At CBM Consultants, we provide specialized accounting and bookkeeping services for private limited companies, helping youmaintain financial accuracy and stay fully compliant with FBR and corporate regulatory requirements. Our team manages precise bookkeeping, prepares professionally structured financial statements, and handles the filing of Income Tax and Sales Tax returns for your company. With our strong understanding of Pakistan’s tax and corporate reporting standards, we ensure full compliance, enhance tax efficiency, and deliver reliable financial guidance to support the growth, governance, and long-term stability of your private limited company.
Taxation:
CBM Consultants offer extensive tax services for private limited companies, assisting in managing Income Tax and Sales Tax obligations. Our services include tax registration, record-keeping, and the preparation and filing of returns, ensuring compliance with FBR regulations while minimizing errors and penalties. Additionally, tax specialists advise on optimal tax treatments, exemptions, and deductions to reduce liabilities, helping businesses improve tax efficiency and focus on growth.
Audit and Assurance:
Maintaining accurate and transparent financial records is vital for private limited companies in Pakistan to ensure regulatory compliance and corporate credibility. CBM Consultants offers comprehensive audit and review services to verify financial statement accuracy in accordance with accounting standards, FBR, and SECP regulations. Our team evaluates internal controls, ensures adherence to tax and corporate laws, and provides insights to enhance financial management, aiding in statutory audits. As well as tax compliance, loan applications, and stakeholder transparency, ultimately fostering trust and supporting sustainable growth.
Outsourcing:
Outsourcing essential financial and compliance functions is a key strategy for private limited companies to achieve accuracy, transparency, and operational efficiency. CBM Consultants provides comprehensive services managing bookkeeping, tax filings, financial reporting, and regulatory compliance, ensuring alignment with FBR and SECP requirements. Our team enhances financial controls and supports routine accounting, tax compliance, and documentation for banks and investors, enabling companies to save time, minimize errors, and concentrate on strategic growth.
Business Compliances:
Staying compliant with regulatory requirements is critical for the success of private limited companies. CBM Consultants assists in meeting statutory obligations set by SECP and FBR, including company registration, tax compliance, timely filing of returns, maintenance of financial records, and corporate reporting. We also provide strategic advice on tax structure selection, statutory documentation accuracy, corporate governance, and alignment with Pakistan’s regulatory framework, enabling companies to operate confidently and foster sustainable growth.
