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Karachi, Pakistan
Frequently Asked Questions
When was your firm established?
Serving Pakistan Since 1976
Why Alliott Shahid Hadi Chartered Accountants?
Alliott Hadi Shahid Chartered Accountants is one of Pakistan’s leading firms of Chartered Accountants, Auditors, and Business Advisors. We are committed to delivering cost-effective, reliable, and timely professional services of the highest quality. Our client-focused approach ensures businesses receive expert guidance and practical solutions that support sustainable growth and long-term success.
Our team of experienced and qualified professionals is led by highly accomplished partners with over 45 years of industry expertise. Renowned for our personalized service, technical excellence, innovation, and unwavering commitment to client satisfaction, we provide comprehensive assurance, advisory, taxation, and business consulting services to organizations across Pakistan.
How many offices do you have?
Does your firm provide any services other than auditing? If yes, state what they are.
Are you affiliated to an international firm? If yes, state which.
Alliott Group is an international alliance of independent accounting, law and consulting firms. With more than 210 member firms in some 95 countries, the group meets the local and cross-border needs of its members and their clients.
How many years of affiliation and what is the basis of thereof?
Does the affiliated firm review/control/sign the audit assignment you do?
Yes, there are periodic peer reviews of working papers, audits, and other jobs executed in the UAE offices.
How many clients do you have and what sectors?
- Trading
- Contractors
- Diversified Business
- Services
- Healthcare
- Non-Profit Government Organization
- Exchange Companies
- Manufacturing
According to what standards are your statements prepared?
To enable us to understand better the financial statements audited by your firm, please state all the accounting principles you adhere to when preparing these statements.
Which Free zone is more economical to setup a company?
- Nature and size of the business
- Activity & Facility requirement
- Visa requirement
- Location and space requirement
How to Set Up a Business in Pakistan?
There are several options for setting up a business in Pakistan, depending on the nature, size, and objectives of the enterprise.
1. Private Limited Company
A Private Limited Company is the most common business structure in Pakistan. It is registered with the Securities and Exchange Commission of Pakistan (SECP) and offers limited liability protection, a separate legal identity, and greater credibility for businesses seeking growth and investment.
2. Sole Proprietorship / Partnership
A Sole Proprietorship is suitable for individual entrepreneurs, while a Partnership Firm is ideal for businesses with two or more owners. These structures are relatively simple to establish and are commonly used by small and medium-sized enterprises.
Steps to Set Up a Business in Pakistan
- Determine the nature of your business activity.
- Select an appropriate business structure.
- Reserve and register your business name with the SECP (where applicable).
- Obtain a National Tax Number (NTN) and register with the Federal Board of Revenue (FBR).
- Register for Sales Tax, if applicable.
- Obtain any industry-specific licenses or regulatory approvals.
- Open a business bank account.
- Comply with ongoing statutory, tax, and regulatory requirements.