Real estate developers and construction companies face complex revenue recognition, FBR's deemed-income regime, and capital-gains obligations that demand disciplined accounting 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 across the full lifecycle — from structuring a development entity and FBR registration to annual returns prepared for project-margin accounting and the Section 7E and CVT regimes.
IFRS 15-compliant revenue recognition for long-term construction contracts and property developments.
Capital gains tax calculations, advance tax under sections 236C and 236K, FBR valuation review, return disclosure, and documentation support.
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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