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Future Law Associates

Commercial, corporate, tax and regulatory advisory

Overview

About Future Law Associates

Future Law Associates provides legal and corporate advisory support to the group and to external clients. The focus is commercial and industrial work — the contracts, approvals and disputes that sit behind projects rather than around them.

Engineering and construction contracts fail in predictable places: scope that was never properly defined, variations agreed on site and never papered, payment terms that do not match the programme. The practice spends most of its time preventing those problems rather than litigating them afterwards.

Being part of an engineering group is an advantage here. Advice is given by people who understand what a variation order or a delay claim actually means on site, not only how it reads on paper.

The practice also runs a dedicated tax practice — income tax, federal and provincial sales tax, withholding compliance, audits and appeals — because on most projects the tax position is decided by how the contract is written. Read about our tax practice ↓

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Future Law Associates
Capabilities

What Future Law Associates Does

01

Contract Drafting & Negotiation

Construction, supply and service contracts drafted and negotiated so obligations and payment terms are unambiguous.

02

Corporate & Commercial Advisory

Company formation, shareholding, joint ventures and day-to-day commercial questions.

03

Regulatory & Compliance

Licensing, statutory approvals and compliance with the regulations that apply to industrial operations.

04

Dispute Resolution & Arbitration

Claims, negotiation, arbitration and litigation, with settlement pursued wherever it is the better outcome.

05

Employment & Labour

Contracts of employment, workforce policies and the labour law questions that arise on large sites.

06

Property & Land Matters

Title, acquisition, leases and the land-related work that precedes development.

Why Work With Us

What you get

  • Commercial advice from people who understand site realities
  • Contracts written to prevent disputes, not to win them later
  • Settlement pursued before escalation wherever it serves the client
  • Regulatory and licensing work handled alongside the commercial side
  • Tax considered at contract stage, not discovered at audit
  • Available to external clients as well as to the group
Sectors Served

Where we work

Construction ContractsEnergy & UtilitiesCorporateTaxationEmploymentReal EstateRegulatoryForeign Contractors
How We Work

Working With Future Law Associates

Four stages, and one team accountable for all of them.

Understand

We start with your commercial position and the outcome that actually matters to you.

Advise

Clear written advice with the options, the risks and our recommendation — not a list of caveats.

Document

Contracts, filings, registrations and approvals drafted and completed properly.

Resolve

Where something goes wrong, we negotiate, settle or litigate — whichever serves you best.

Common Questions

Questions Clients Ask Future Law Associates

Do you only act for companies in the group?
No. The practice acts for external clients as well as for the group's own companies.
When should we bring a lawyer into a construction contract?
Before it is signed. Scope, payment terms, variations, delay and termination are far easier to get right at drafting stage than to argue about once the work is under way.
Does every dispute end in arbitration or court?
No. Most commercial disputes are better resolved by negotiation or settlement, and we pursue that first wherever it serves the client. Formal proceedings are used when they are genuinely the better route.
Practice Area

Tax Practice

Tax in Pakistan is administered on two levels. The Federal Board of Revenue collects income tax, sales tax on goods, federal excise and customs duty, while each province taxes services through its own revenue authority. A business working across the country — as project businesses almost always do — answers to several of them at once.

For contractors the difficulty is rarely the rate. It is withholding at every payment, sales tax on services that changes with the province, and a contract that was signed before anyone asked how it would be taxed. By the time those questions surface at audit, the options are few.

Future Law Associates' tax practice works at the front of that process: structuring the contract, keeping compliance current and, where a dispute does arise, taking it through the appellate forums with a record that was built properly from the start.

Income Tax Ordinance, 2001 Sales Tax Act, 1990 Federal Excise Act, 2005 Customs Act, 1969 Provincial Sales Tax on Services
Tax Services

What the Tax Practice Covers

Advisory, compliance and dispute work across federal and provincial taxes — for companies, their directors and the foreign contractors they work with.

Income Tax Advisory & Compliance

Corporate and individual income tax under the Income Tax Ordinance, 2001 — planned through the year, not assembled in the week before the deadline.

  • Annual returns, wealth statements and financial statement tie-outs
  • Advance tax, minimum tax and final tax regime questions
  • Active Taxpayers List (ATL) status for companies and directors

Sales Tax — Federal & Provincial

Sales tax on goods under the Sales Tax Act, 1990, and sales tax on services under each province's own law and revenue authority.

  • Registration with FBR, PRA, SRB, KPRA and BRA
  • Monthly returns, input tax adjustment and reconciliations
  • Which province taxes a service performed across borders

Withholding Tax Management

Every company that pays suppliers, contractors or staff is a withholding agent. Getting it wrong makes the payer liable for tax that was never theirs.

  • Correct rates on contracts, supplies, services and salaries
  • Deduction, deposit and periodic withholding statements
  • Exemption and reduced-rate certificates for your receipts

Tax Audits, Notices & Assessments

A notice is the start of a record, and the first reply usually shapes the whole case. We prepare it properly, with the evidence behind it.

  • Replies to notices and show-cause proceedings
  • Representation through audit and assessment
  • Records and reconciliations organised before they are asked for

Tax Appeals & Litigation

Where an assessment is wrong, it is challenged — through the appellate forums and the courts, or through alternative dispute resolution where that settles it sooner.

  • Commissioner Inland Revenue (Appeals)
  • Appellate Tribunal Inland Revenue
  • Tax references and petitions before the High Court

Cross-Border & Foreign Contractors

Foreign EPC contractors and principals working in Pakistan face their own set of questions — best answered before the contract is signed.

  • Tax on payments to non-residents
  • Double taxation agreements and permanent establishment
  • Contract structuring for onshore and offshore scope
How We Work

From Review to Defence

Tax is cheapest to get right early. Our work follows the same four stages whether you come to us with a new contract or an open notice.

Review

A health check of where you stand today — filings, registrations, withholding and open notices — so exposure is known, not guessed.

Plan

Contracts, invoicing and group transactions structured with tax in mind, before commitments are made that cannot be undone.

Comply

Returns filed, tax deducted and deposited, statements submitted and reconciled, on a calendar you can see.

Defend

Notices answered, audits managed and assessments appealed, with the record built from day one to support you.

Common Questions

Tax Questions We Hear Most

We have received a notice from the tax department. What should we do first?
Don't ignore it, and don't reply in a hurry. Note the deadline, gather the records the notice refers to and have it reviewed before responding. A large share of later disputes come from a first reply that conceded a point it did not need to. Where more time is genuinely needed, an adjournment can usually be requested in writing before the due date.
We work in more than one province. Which sales tax on services applies?
Sales tax on services is levied by the provinces, each under its own law and authority — the Punjab Revenue Authority, the Sindh Revenue Board, the Khyber Pakhtunkhwa Revenue Authority and the Balochistan Revenue Authority. Where the service is performed, where the provider is located and where the recipient is based can all matter, and registration may be needed in more than one province. We map this at contract stage, so it is not discovered at audit.
Is withholding tax our problem or the contractor's?
Both. The contractor bears the tax, but the payer is usually the withholding agent — legally responsible for deducting it, depositing it and filing statements. A payer who fails to deduct can be held personally liable for the amount itself, along with default surcharge and penalties. It is one of the most common and most avoidable exposures we see.
We are a foreign company working on a project in Pakistan. Where do we start?
With the contract. How onshore and offshore scope is split, whether the company has a permanent establishment in Pakistan, and whether a double taxation agreement applies between Pakistan and its home country together decide how its income is taxed and what the Pakistani payer must withhold. Settling this before signature is far cheaper than unpicking it afterwards.
Can a tax dispute be resolved without going to court?
Often, yes. Many disputes turn on documents rather than law and can be settled at audit or first appeal once the right records are produced. Pakistani tax law also provides for alternative dispute resolution committees for certain cases. Litigation is pursued where it is the better outcome, not by default.

This page is general information about the Pakistani tax framework, not advice on any particular situation. Tax law and rates change with each Finance Act — talk to us about your own position before acting on it.

The Group

Other Companies in the Group

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