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Corporate Tax Rate

Tax Rates for Companies 

Tax Laws of Pakistan are considered too much wide and difficult consulting law or extracting something from law is difficult for a lay man, even if we talk about tax rates or corporate tax rates ,Corporate tax return filing is lengthy  process

Tax rate for companies is 30 % for tax year 2017 , 2018 and onward

Corporate Tax Rate for small companies is 25% in Pakistan


Corporate Tax Rates

Sub section 59 A of Section 2 of Income Tax Ordinance defines small companies in the following words:

―Small Company‖ means a company registered on or after the first day of July, 2005, under the Companies Ordinance, 1984 (XLVII) of  which has,—
(i) has paid up capital plus undistributed reserves not exceeding  [fifty] million rupees;
[(ia) has employees not exceeding two hundred and fifty any time during the year;]
(ii) has annual turnover not exceeding two hundred and fifty million rupees; and
(iii) is not formed by the splitting up or the reconstitution of company already in existence;]

See also Corporate Tax Return 


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