Awesome
RETIRED MOD
- Joined
- Mar 24, 2006
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- 22,023
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Do we have a trading licenses in Pakistan?
1. We must have trading license
2. Any commercial property must have a trading license, renewed yearly.
3. With the renewal taxes should be filed or else no renewal
4. Every trading license will have to register their employee contracts with the economic department
5. In Dubai there is something called Wages Protection System, where every company must pay salaries through that system. In Pakistan's case, Taxes of their employees will be deducted at source in that case by using this system.
This should increase Pakistan's tax net significantly.
1. We must have trading license
2. Any commercial property must have a trading license, renewed yearly.
3. With the renewal taxes should be filed or else no renewal
4. Every trading license will have to register their employee contracts with the economic department
5. In Dubai there is something called Wages Protection System, where every company must pay salaries through that system. In Pakistan's case, Taxes of their employees will be deducted at source in that case by using this system.
This should increase Pakistan's tax net significantly.
