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Business Individual (Sole Proprietor) Tax Return Filing


Business Return

Business Individual (Sole Proprietor) Tax Return Filing

Comprehensive annual tax return filing for business owners and sole proprietors.

Fast Turnaround

Handled by certified FBR & SECP consultants.

100% Tax Compliant

Aligned with FBR Iris & SECP rules.

Dedicated Support

Full consultation to final certificate.

Overview & Legal Framework

Sole proprietors must declare business revenues, cost of goods sold, operating expenses, tax deductions, and personal net wealth statement in their annual FBR return.

Required Documents & Credentials

  • Annual Business Profit & Loss Account & Balance Sheet
  • Bank Reconciliation & Annual Statement
  • Business Expense Invoices

Step-by-Step Process

1
Financial Review

Calculating net taxable business profit.

2
Wealth Reconciliation

Reconciling personal wealth creation with declared profit.

3
FBR Filing

Filing Business Return & Wealth Statement on FBR Iris.

Frequently Asked Questions (AEO & FAQs)


A: Yes, Section 116 requires all resident taxpayers to submit a detailed wealth statement.

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