I’m planning to start selling through Shopify and would like to better understand the tax requirements for online businesses in Pakistan.
From what I’ve learned, Shopify sellers may need to register for an NTN, maintain accurate records of sales and business expenses, and file income tax returns. Depending on the nature of the business and applicable FBR regulations, some sellers may also have sales tax obligations.
I’m also interested in knowing what records should be kept for tax purposes and whether Shopify’s sales reports are sufficient or if additional documentation is recommended.
While researching this topic, I realized that many store owners prefer to consult a tax consultant to ensure they meet FBR requirements correctly and avoid mistakes during tax filing, especially when their business starts growing