Real estate developers and construction companies face complex revenue recognition, FBR's deemed-income regime, and capital-gains obligations that require specialist tax and accounting expertise from ground-break to handover.
Pakistan's real estate and construction sector has faced significant regulatory change — FBR's deemed-income tax, Section 7E on immoveable property, and the Capital Value Tax regime — alongside pre-existing complexity around percentage-of-completion revenue recognition and project cost accounting.
UMCO advises real estate developers, construction contractors, and property-holding companies on the full lifecycle: from structuring a development entity and obtaining FBR registration to filing annual returns that correctly account for project margins and satisfy the Section 7E and CVT requirements.
IFRS 15-compliant revenue recognition for long-term construction contracts and property developments.
Deemed-income tax calculations, property-register reconciliation, and FBR return preparation.
Holding-period analysis, CGT calculations, and legal-entity structuring to manage disposal tax.
Job-costing systems, WIP reconciliation, and contractor payment certification.
Single-purpose vehicle setup, SECP registration, and joint-venture accounting frameworks.
Audits of development companies, housing societies, and construction contractors.
Section 7E, CVT, CGT structuring, and FBR compliance for property developers and investors.
Explore serviceStatutory audits of development companies, housing societies, and construction contractors.
Explore serviceSPV formation, SECP filings, and joint-venture structuring for development projects.
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