Author : Sidekick

SECP UBO Regulations Explained: Who is an Ultimate Beneficial Owner and What are the Compliance Requirements?

In corporate ownership, the financial regulatory framework in Pakistan has become anchored on transparency. The Securities and Exchange Commission of Pakistan (SECP) has tightened its SECP UBO regulations under Section 123A of the Companies Act, 2017 and its rules to fight money laundering, tax evasion, and shell-entity structures. Knowing what is an Ultimate Beneficial Owner […]

Sales Tax vs Income Tax in Pakistan: What Business Owners Confuse the Most

The regulatory environment of Pakistani entrepreneurs in the changing fiscal environment of 2026 is becoming more and more digitalized and transparent. With the merging of the systems of the Federal Board of Revenue (FBR) and provincial revenue bodies, including the PRA and the SRB, the error margin in tax compliance has become too small. To […]

How Poor Financial Reporting is Killing SME Growth in Pakistan?

Small and Medium Enterprises (SMEs) are the most crucial but the most susceptible sector of the Pakistan financial ecosystem in the changing economic tide in 2026. Comprising almost 90 percent of any private business, these enterprises are the main driving force of local employment and innovation, as they provide 40 percent of the country GDP. […]

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