Muhammad Umair
Team Leader | Partner
About
An entrepreneurial, multidisciplinary career of 12+ years, an expert in tax law, planning, and compliance. He serves businesses and individuals alike by staying current on new tax law and positioning taxpayers for short- and long-term tax optimization. Preparation of tax returns, and working closely with clients throughout the year to ensure client tax liability is minimized. He is a strong written and verbal communicator and able to explain tax law and strategies in a way that is accessible and easy for clients to understand. He has worked in accounting firms, law offices, financial consulting firms, and many now he owns an independent office where he is providing the services of tax planning, preparation, optimizing, and consultancy which include the followings:
- Conducting research on tax laws
- Strategizing with clients to minimize tax liability
- Communicating with clients to explain tax issues
- Preparing tax returns
- Estate planning
- Keeping clients compliant with their tax obligations
He is always updated with changes in tax laws that create opportunities for new tax strategies. Because he has many clients affected by the same issue, his ability to draft a well-written and concise letter is very helpful to disseminate information to a number of different clients.
SUMMARY OF SKILLS
Taxation
Proficiency in the preparation of individual, partnership and corporate tax returns with all provisions, tax deductions and so forth. Develop Tax Strategies for reducing taxes through legal and practical means. Thoroughly adept in preparing corporate taxes and the specifics of taxes plan. Ability to critically review and research tax issues to resolve them practically.
Accounts & Finance
Detail-oriented, efficient and organized professional with extensive experience in accounting systems. Cash Flow control, Management accounts, Budget preparation & Financial forecasting.
Personal
Excellent administrative, organizational, and communication skills. Possess strong analytical and problem-solving skills, with the ability to make well thought out decisions. Resourceful in the completion of projects, effective at multi-tasking. Responsible, motivated, and focused on organizational goals. Ability to quickly learn, use and understand new technology. Corporate Law, Code of Conduct & Secretarial Practice.
Achievements
Reduction in Bank charges for LC opening, commission of export bills, Bank Grantee, Remittance charges etc. enhancing the profit. Successfully completed all the Income Tax assessments/ Income Tax Audit & monitoring of withholding taxes and brought it on line Improved the debt collection process significantly through continuous monitoring and follow-up. Proved to be one of the top employees who submitted every due report before time. Successfully saved 30% to 35% income tax. Successfully cut down the production cost 2% of stitching unites in M/s Yonus Textile. Achieved Freight & clearing cost (customs duty/ income tax etc.) savings 40%.
Skills in Brief
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Taxations
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Financial Reporting
- Corporate Finance
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Corporate Law
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Import / Export
- Sales Tax
- Financial Forecasting
- Tax Planning
- Tax Analysis
- Tax Audits
Education
Cost & Management Accountants – Accounting and Finance
Institute of Cost and Management Accountants of Pakistan (ICMA Pakistan)
Master OF Commerce (M.Com)
Karachi University
Bachelor of Commerce (B.Com)
Karachi University
Bachelor of Laws (LLB)
Sindh Muslim (SM) Law College Karachi
Licenses & Certifications
Advocate
Sindh Bar Council
Respected Member
Karachi Tax Bar Association
Income Tax Practitioner
Office of The Director General Regional Tax Office, Karachi
THE CREW
A TEAM YOU CAN RELY ON
Our team has an increased operating tempo to manage legislative and regulatory change, they are quickly realizing that this may not be a one-time surge. Trust our team of accounting and Tax experts to guide and support your business operations through the preparation and filing of company tax declarations, maintaining the company accounts, and the provision of other consultancy services.