Our Services

1- Corporate Tax

RMDM has developed a strong, niche corporate tax practice.

We are seen as a boutique tax consultancy, providing advice and solutions to complex corporate tax issues. Our international client base has enabled us to gain experience in advising on international as well as Pakistan’s corporate tax issues.

RMDM offers consultancy to companies on domestic and international legislation, finding creative solutions to corporation tax problems. We provide compliance services to Pakistani companies prepare computations for corporation tax, advice on liabilities and the timing of payments and correspond with the tax authorities in the case of disputes.

2- Personal Tax

We advise individuals on personal tax planning with the aim of mitigating income tax, wealth tax and capital gains tax liabilities. We continue to devote significant resources, both human and technical, to maintaining and enhancing our personal tax services to private clients. Legislation surrounding issues relating to private individuals, such as tax self-assessment, capital gains tax and wealth tax is constantly changing and becoming more complex.

Our expertise within this area allows us to offer advice on the most recent developments whilst tailoring this to each client's needs.

Whilst ensuring prompt and efficient compliance with your accounting, tax and statutory obligations is often a significant part of our role, we aim to provide you with tailored advice for your unique circumstances.

Our experience of complex business issues provides us with an unusually wide span of expertise. This is available equally to our smaller and more substantial clients who value our advice and look to us for assistance on a regular basis.

We provide close support, combining knowledge of accounting, tax and business issues which has proved invaluable to clients involved in transactions, business planning and contentious litigation situations.

1- Transaction support

Our clients include owner managed businesses, cross-border multinationals and financial services organizations. As a multi-disciplinary firm we can advise in an integrated fashion on a wide range of issues including valuations, negotiation, due diligence and the all-important tax structuring, both personal and corporate. We often work closely with our clients' other advisors, becoming part of an integrated transaction team.

We frequently act in an active advisory role in purchase/sale transactions, acting as either leaders or part of the negotiating team. Our transaction support services range from valuations, to in depth corporate investigations and due diligence for the investors or lenders. As a multi-disciplinary firm we ensure that the important issues of tax structures, both personal and corporate, are closely integrated with our other advice, and supplied under one roof.

2- Business Planning and advice

Our partners have extensive experience of advising a range of business. We bring commercial, accounting and tax expertise to your situation. Additionally, we have a wide range of tools at our disposal, including business planning and budgeting models.

Our aim is to help you in your strategic and tactical planning and to give you an objective, informed view, which can often be the crucial missing ingredient or the catalyst to evolve and develop the strategy.

3- Forensic Services

RMDM has extensive experience of forensic services. Our reports are thoroughly researched and well argued.

Our experience of investigations at the highest level enables us to provide highly effective forensic accounting, tax, due diligence and investigative services in situations of potential fraud or criminality. Our partner-led team is independent and objective and capable of analyzing and explaining situations in jargon-free, clear-cut English.

Our particular knowledge and expertise includes:

  • Valuations of shares and businesses.
  • Investigative auditing.
  • Due diligence.
  • Tax investigations.
  • Professional negligence.
  • Shareholder and partnership disputes.
  • Loss of profit claims.
  • Action against directors.
  • Personal injury and fatal accident claims.
  • Technical advice on accounting standards.
  • Criminal investigation.
  • Disputed probate.
  • Investment problems including pensions.
  • Commercial disputes including those arising from corporate transactions.

We Provide independent, objective and rigorous financial and risk assurance of your business and financial position that is fundamental to improving performance and good corporate governance. Our approach is based on developing an understanding of your business or organization and the financial, operational and governance risks that it faces.

We tailor our service to meet your unique circumstances and needs and, by agreeing expectations and responsibilities at the outset, we ensure that our performance and service meets your requirements. The following are the major assurance services we provide:

1- Statutory and other audits

    These include:

  •  Statutory audits under the provisions of the Companies Ordinance, 1984.
  •  Cost audits.
  •  Donor/ recipient contracted audits
  •  Sales tax and.
  •  Income tax audits commissioned by the Federal Board of Revenue of Government of Pakistan.

Audit assignments are planned and performed in line with the International Standards on Auditing (ISAs) together with the requirements of applicable local legislation. With an aim to add value, the RMDM audit methodology concentrates on business areas significant to financial statements.

The main objective of an audit engagement is to express an opinion on whether the financial statements are prepared in all material aspects in accordance with the applicable financial reporting framework. Providing independent, objective and rigorous financial and risk assurance of your business and financial position is fundamental to improving performance and good corporate governance.

Our approach is based on developing an understanding of your business or organization and the financial, operational and governance risks that it faces. We tailor our service to meet your unique circumstances and needs and, by agreeing expectations and responsibilities at the outset, we ensure that our performance and service meets your requirements. Distinct features of RMDM audit methodology are:

  • Overall audit approach focusing on standard documentation requirements, an updated knowledge-base and resources’ pool enable our professionals to provide quality services around the globe.
  • Timely supervision of audit execution coupled with regular staff training and development.
  • Commitment to quality control, whereby the Quality Assurance Partner ensures that the practices across the firm are compliant of International Standards on Quality Control (ISQC), ethical requirements of IFAC, and further to obtain and retain satisfactory rating under the Quality Control Review (QCR) program of the Institute of Chartered Accountants of Pakistan (ICAP).

2- Internal audit

We can provide you with advice and assistance on the development of your internal audit and risk management strategy and processes. In addition, we also function as outsourced internal audit department. Whether your need is for an outsourced partner to support your Head of Internal Audit and/or in-house team, or the provision of a full outsourced internal audit service we can provide you with a solution that will be tailored to your specific needs.

    What will our internal audit services give you?

  • The confidence that you have the full set of skills to determine best practice.
  • Access to the right people, tools and techniques when and where you need them.
  • A partner who understands the value of internal audit and brings expertise and experience from the public, private and not-for-profit sectors.
  • Sales tax and.
  • Income tax audits commissioned by the Federal Board of Revenue of Government of Pakistan.

3- Reviews and other related services

    In this category, we provide the following services:

  • Limited scope review engagements.
  • Examination of prospective financial information.
  • Engagements to perform agreed upon procedures.
  • Engagements to provide assurance on management assertions or a subject matter, and.
  • Engagements to compile financial information ranging from bookkeeping to preparation of financial statements in accordance with identifiable financial reporting framework (mostly IFRS) together with the presentation and disclosure requirements of local statute or donor requirements.