Usman Rasheed & Co Chartered Accountants

Usman Rasheed & Co Chartered Accountants (URCA) is a chartered accountancy and corporate advisory firm in Pakistan that acts as a local finance and compliance partner for foreign companies operating in the country. Its outsourcing services cover accounting, payroll, HR, tax compliance, virtual CFO support and business process outsourcing.

Payroll work includes monthly payroll processing with automated payslips, income tax withholding and filing, EOBI and provincial social security registration and compliance, and expat payroll arrangements with tax equalisation. The firm handles both federal and provincial employer obligations so payroll aligns with Pakistani law and with head-office policies.

Alongside payroll, URCA provides bookkeeping in line with IFRS and local rules, accounts payable and receivable management, reconciliations, group reporting packs mapped to head-office charts of accounts, and donor project financial reporting. HR services include employment contract drafting under Pakistani labour law, HR policy design, onboarding and offboarding processes, gratuity and provident fund setup, and support during labour inspections and disputes.

The firm also handles corporate income tax compliance and returns, sales tax registration and filings, withholding tax reporting, FBR audit representation, audit and assurance, corporate secretarial and corporate advisory work, serving foreign-owned entities and local businesses that need SECP and FBR compliant reporting.