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Chartered Accountants and Audit Firm in Multan
WDS Chartered Accountants is an ICAP registered firm providing statutory audit, tax, SECP compliance and advisory services to businesses in Multan. Multan is the commercial centre of southern Punjab, known for cotton, mangoes, fertiliser production, textile mills and a large agricultural trading community.
- ICAP registered firm
- Partner-led engagements
- Fixed-fee proposals
Audit and accounting services in Multan
Multan is the commercial centre of South Punjab, with an economy built on cotton, mango and other agriculture, along with ginning, fertilizer, textile and food processing industries.
Our Multan clients include agri-businesses, ginners, traders and growing manufacturers that need audited accounts for bank finance and clear separation of agricultural and business income.
Agricultural income alongside taxable business income
Agricultural income is taxed provincially, while processing and trading profits fall under federal income tax. We structure records so each stream is reported to the right authority and supported if questioned.
What do Multan businesses need from their accountants?
Agricultural income and trading
Separating agricultural income, which is taxed provincially, from business income taxed by FBR.
Ginning and mill accounting
Seasonal inventory and commodity price swings make stock valuation critical.
Bank finance
Working capital lines require audited statements and covenant certificates.
Which industries do we serve in Multan?
Our partners tailor audit procedures, tax reviews and reporting to the sectors that shape Multan's economy.
- Cotton ginning and textiles
- Fertiliser and chemicals
- Agriculture and agri-trading
- Food processing
- Handicrafts and pottery
Tax and regulatory framework for Multan
Multan businesses register companies with SECP, file income tax and sales tax on goods with FBR, and account for sales tax on services with the Punjab Revenue Authority (PRA). Read more about compliance across Punjab or our tax advisory and FBR compliance service.
- Sales tax on services in Punjab is collected by the Punjab Revenue Authority under the Punjab Sales Tax on Services Act 2012, with monthly returns filed on PRA's e-portal.
- Exporters in Punjab often deal with sales tax refunds, export facilitation schemes and foreign buyer audits, all of which depend on clean records.
Our services in Multan
Audit and Assurance in Multan
Statutory, external, internal and special purpose audits under ISA.
Tax Advisory and FBR Compliance in Multan
Income tax, sales tax, withholding, tax planning and FBR representation.
Specialized Industry Audits in Multan
Cost audits, NGO and donor audits, construction and OGRA compliance.
Payroll, Zakat and Certifications in Multan
Payroll, EOBI, Zakat audits, bank certificates and net worth statements.
Questions from Multan clients
Is agricultural income taxed by FBR?
Agricultural income is taxed under provincial law rather than the Income Tax Ordinance, but it still has to be documented and reconciled with your federal return. We help separate and report both correctly.
Do you work with cotton ginners in Multan?
Yes. We audit and advise ginning and cotton trading businesses, including inventory, advances to growers and seasonal financing.
How often do you visit Multan?
We visit for audit fieldwork and key meetings and handle monthly bookkeeping review and tax filings remotely.
Do I need to register with PRA if I provide services in Punjab?
If you provide taxable services in Punjab and exceed any applicable thresholds, registration with the Punjab Revenue Authority is required, separate from your FBR registration.
Your first consultation is free.
A partner will review your requirements and outline a clear path forward. No sales pitch, no obligation.