Woocommerce vs Shopify. Payment plugins in Pakistan

In this article, I would like to speculate on the topic of search engine optimization of websites and blogs. It is certainly worth spending your precious time on SEO for your website at all or the SEO services in Lahore you hire for getting your website on the top of search engines. If you are a beginner and highly familiar with …

What is NTN? Before knowing the process of NTN, it is very important to know some important information about it. NTN means National Tax Number which is issued by Federal Board of Revenue (FBR) in Pakistan. NTN is required when you want to fulfil obligation of federal tax matters for example filing of Income Tax Return. Once you will be …

For any online business, the first step towards creating business identity is registering a domain name. And, when you make up your mind to do that, an unprecedented number of obstacles and dubious questions start to appear. Lucky for you, we will try to make this process smooth by discussing those obstacles with their solutions. Below are the list of …

The step by step procedure is available to follow if you want to register a limited company in Pakistan. Applicable for both National and Foreigner

New business startups seems to get quite confused between business registration and trademark that what should a person register. To understand the difference between the two, here is my take: Business registration is compulsory and legal / statutory requirement by government to run the business or commercial / economic activity while trademark is not necessary to acquire. In simple words, …

(Credits: Ashfaq Tola) The Federal Government had promulgated Assets Declaration Ordinance, 2019 (“Ordinance”) on 15th May 2019, to provide for voluntary declaration of undisclosed assets, sales and expenditure. The Ordinance has been promulgated to allow the non-documented economy’s inclusion in the taxation system and to serve the purpose of economic revival and growth by encouraging a tax compliant economy. We …

Black Friday, the day after Thanksgiving when apparently, “Americans trample over each other for sales, after being thankful for what they already have.” This huge sale day has been on the rise all over the world for quite some time. According to NRF, the yearly retail sales occurring between Black Friday and Christmas are around 30%. An interesting fact is …

Whichever business registration requirements you have, here you can find all the important questions that you need answers for. Happy reading. (Note: This is compiled by our legal expert partner, drop us an email for any change or update if seems incorrect) Other relevant resources How to register a company in Pakistan online? How to register a company in Pakistan manually/offline? How to …

Sole trader / Proprietor or Business Individual The business individual is taxed for the profits only unless turnover exceed 10 million rupees. In case exceed 10 million rupees, 1.25% of total turnover is payable. Form of Taxation: Slab rates are applied. Tax Return Filing: For this type, filing of annual income tax returns is a requirement. Partnership Firm The partnership …

When you hear the word ‘subscription’, what comes to your mind? Unlimited access to your favorite things. Right? These favorite things of yours can be anything. As an example, there are about two thousand subscription based businesses that just cater to clients’ distinct and multiple tastes from all over the world. From your favorite comic books to e-news portals, Spotify …

Of the most familiar statistics in the entrepreneurial world the big ones are about failure. According to the data: 90 percent of the start-ups fail 75 percent of venture-backed start-ups fail Behind these failures lie one major agent: mistakes. Sometimes its a few massive mistakes, and at others an aggregate of various small ones, that ultimately cause the collapse of …

When starting a new business or startup, what most of the entrepreneurs face problems with in the early stages is how to attract capital. If you are worried about financing your startup to safely kick off, there are many ways. You can either convince a loaded friend (or two) to invest in your business or start with some crowd-funding. However, …

In the last post about Shopify, we discussed the basics of Shopify, and how can it help you reach out to your customers without any coding knowledge. This post will take you through the basics and help you get your first e-Store set up and running without having to write a single line of code. Kickstart with a signup To have a solid footing …

Venturing into the e-Commerce territory can be a daunting task, especially if you don’t have any technical expertise. While some may struggle breaking into the market, others can be found struggling to reach their targeted demographics. So, if you are looking to set up shop online, but similar concerns are keeping you from realizing your dream, then you can make …

[Updated] Its often the case when Pakistani origin people living abroad or sometimes even the foreign companies, want to explore the business opportunities in Pakistan. When they come here, they usually have no clue how to setup a company, especially when there is an element present of non-local company in Pakistan, and eventually they lose time and resources finding answers and hiring professional …

[Updated] According to Companies Ordinance Act, 1984, there are three types of companies in Pakistan which can be registered: Private Limited Company – Two or more persons are required. Named as XYZ (Pvt.) Limited Public Company – Three or more persons are required. Named as XYZ Limited Single Member Company (SMC) – Only one person is required but he has to appoint …

[Updated] The tried and tested way of Company registration is the offline (manually) way. Its usually carried out by professionals of the field and is preferred for big companies and those with lots of dependencies, foreign investments, etc. otherwise for a regular startup, an online procedure is still a good option. ETA for manually registring of company Normal way: 1-2 weeks Fast Track: 2-4 …

[Updated] In recent times, SECP, has started providing e-services which includes online company registration and some affiliated services as well, like company name lookup and availability. The process is getting brisk every day and according to our research, ETA for online registration of companies is Normal Way: 3 days Fast Track Registration Services (FRTS): under 1 day However Companies involving …

What is a business plan? A business plan is a detailed document that covers all possible aspects of our business like products, pricing, marketing plans, revenue projections, competition and other details. This document is in other words a guide for business execution. Why do you need a Business Plan ? You need business plan : To be clear in your …