Pakistan’s 2nd to None

At a top financial institution with participants after completing a project on  . A long day can be tiring but professionally rewarding if successful.

I’ve always believed and my belief keeps on strengthening that we only need to garner the abilities of our people in a just way while focusing on education.

In terms of brilliance, hardworking people and potential,  is 2nd to none

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Memorable Visit of Mr. Brian McEnery, President ACCA

ACCA Pakistan “Working Group on Taxation”

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Assalam O Alikum (Peace be on you),

The above is a picture from one of the events launching ACCA’s last pre-budget proposals. We’re planning for a revamp of the ACCA taxation committee and opening up to have some more competent professionals join us with their valuable contributions for the profession, country and their Alma-mater.

Below is the snapshot of a recent email from ACCA to members across Pakistan. Please feel free to share this in your circle and get in touch if you’re the right person.

Dear ACCA Members
ACCA Pakistan MNP has decided to setup a working group under the Taxation Subcommittee. The objective of this working group will be to interact with the Federal Board of Revenue initially and expand its remit to the Provincial Revenue Authorities under the leadership of Omer Zaheer Meer, FCCA, Head of Taxation Sub Committee, ACCA Pakistan and offer the following:

  • Provide regular feedback and suggestions on circulars/policy matters pertaining to taxation
  • Prepare budget proposals (initially federal and later on expand them to the provincial proposals too) and forward them to Federal and Provincial Ministries of Finance.
  • The budget proposals should be prepared in such a way that they present a holistic as well as sectoral suggestions for Pakistan’s Annual Budget
  • Discuss, deliberate and critically evaluate issues pertaining to taxation and present the critical evaluation to Federal and Provincial
  • Profile the ACCA Pakistan Members Network Panel and the subcommittee to the taxation regulators in Pakistan

This working group will consist of 3-5 members working in the taxation sector in strategic positions with considerable experience of the sector. Members with a diverse view point on taxation of different business sectors are encouraged to share their CVs and a personal statement describing their claim to merit for these position with us.

Those members who are keen to join this working group should send us their CV and personal statement by replying to this email. We will look forward to your responses by 24 February 2017.
Haroon A Jan
Regional Head of Member Affairs – MENASA
ACCA Pakistan
61-C  Main Gulberg  Lahore Pakistan

Kind Regards,

Omer Zaheer Meer,

Managing Partner,

Millennium Law & Corporate Company

ACCA publishes detailed report on MLCC

Dear Readers,

Peace be on you,

It is with pleasure that we share that ACCA, the largest accountancy body in the world recently published a detailed report on our firm Millennium Law & Corporate Company (MLCC) and recognized it as the pioneer ACCA practicing firm in Pak. You can directly access it at: ACCA’s published profile of MLCC

or continue to read below and let us know your valuable views.

Millennium Law and Corporate Company (MLCC) becomes the Pioneer ACCA practicing firm in Pakistan

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Profile of Millennium Law & Corporate Company

  • 30 + Years’ “Young”

Millennium Law & Corporate Company (MLCC) has a background of thirty (30) years plus history of professional excellence stemming from its parent practice. It used to be focused solely on legal practice including corporate matters.

  • Way Forward – One stop solution

MLCC was expanded to include a new division for providing ACCA centered services. This led to the inclusion of the areas of taxation, corporate services, internal audit, advisory, risk management and trainings in addition to the other legal matters within the services offered by MLCC.

  • Partners

The firm is setup with specialized teams dealing with relevant areas under four (4) partners, two of whom are ACCA members while one is an ex legal advisor Federal Land Commission (Government of Pakistan) and another is an ex deputy Attorney General of Pakistan.

  • Pioneer ACCA Practising Firm in Pakistan

In 2015, the Association of Chartered Certified Accountants (ACCA) took a giant leap in Pakistan and initiated practising license program for the country.

  • MLCC became the pioneer practising firm in Pakistan with
  • Omer Zaheer Meer FCCA (the managing partner of MLCC) being awarded the first ever ACCA practising license in Pakistan.

Before that history was made when:

  • Omer Zaheer Meer FCCA became the first ever ACCA member to get admitted to the prestigious Lahore Tax Bar Association (LTBA) during 2009/10.
  • He was later joined by his brother Mr. Ali Zaheer Meer ACCA who is now a partner at MLCC and another ACCA member at LTBA.

Millennium Law & Corporate Company has built a reputation for quality services based on value creation and issue resolutions with time-specified deliverables. It is now the premier ACCA practising firm in the country and one of the leaders in the taxation, advisory and corporate services sectors.

  • Distinguished Collaborations

MLCC through its partners is currently represented at the Taxation Committee of Lahore Chamber of Commerce and Industry, Chairing the Liaison and sitting on the publication committees of LTBA, Chairing the Taxation Committee of ACCA, Global Tax Forum of ACCA and several think-tanks including Hamdard Thinkers’ Forum and Millat Thinkers’ Forum. MLCC’s clientele also includes some of the most distinguished names. Out key clients and/or associations are as below:

Read the rest of this section directly at:  ACCA’s published profile of MLCC

 

Why was MLCC started?

Managing Partner’s Views:

It is my strong and educated belief that the ACCA qualification and a proper training program equips one with the relevant skills, education and expertise to be the best not just technically but on the value addition side of being an entrepreneur.

With an early start to my career resulting is sufficient experience, I felt it was the right time to launch an ACCA practising firm on my return from UK to Pakistan. Also it was an opportunity to contribute back to the profession and ACCA fraternity in several ways.

However ACCA did not have a local practising license back then. Nevertheless we upheld the brand ACCA and pioneered in an area deemed alien for ACCA members at the time, i.e. local taxation. Within a short span of time we stood out of the crowd delivering excellence and quality beyond norms of the market. We then started expanding into other areas such as corporate services, advisory, risk management, e.t.c. with equally good results.

The milestones so far

Since becoming the pioneer ACCA practising firm in Pakistan some of the major milestones achieved by MLCC are outlined below:

  • Establishment of our non-legal services headquarter at the prime location of Bashir Mansion, 2 Turner Road, Lahore which is opposite FBR, close to Appellate Tribunal, behind Lahore High Court, adjacent AG Office and practically in the hub of all the action.
  • Establishment of a branch office in DHA, Lahore for facilitation of our clientele from the posh areas.
  • Award of the practising license and hence becoming the pioneer ACCA practising firm in Pakistan
  • Joining of Mr. Ali Zaheer Meer as the second ACCA partner of the Firm
  • Expansion intro value addition areas beyond taxation including internal audit, advisory, risk management, corporate services, e.t.c.
  • Start of our training division
  • Partnership with ACCA Pakistan for the CPD trainings of ACCA fraternity and beyond
  • Attendance of our CPD programs and training events by high-profile professionals including owners, directors and even non-ACCA partners of other renowned firms
  • Publication and launch of a research study on indirect taxation across the MESA (Middle-East and South-Asia region) in collaboration with ACCA and EY
  • Working with top names in various sectors including the likes of National Bank of Pakistan, Habib Bank Limited, MPDD, ACCA, LCCI, KCCI, LTBA, e.t.c.
  • Pre-launch of our ACCA trainees induction program

Advantages and benefits of ACCA firms

ACCA firms offer several benefits for the ACCA fraternity, the business community and the society at large. Some of the major ones include:

  • Opening up of new horizons and opportunities
  • Jobs creation
  • Quality services
  • Greater acceptance of ACCA locally
  • Entrepreneurial rewards
  • Increased collaborations with worthy partners
  • Greater exposure

With the advent of CPEC and the corresponding developments, there is a lot of potential for quality accountants and firms offering the right services. Yes it will be challenging but the rewards are more than commensurate. So have a dream and turn it into a reality.

Inaugural session of Think Ahead with ACCA on CPEC – ACCA MNP Elections 2016-18

Salam,

Below is a picture from and video of the historic inaugural session of Think Ahead with ACCA (a TED Talk inspired program) on CPEC with me, resulting in ACCA becoming the pioneer accountancy body to launch such a program.

Mr. Hammad Azim (Head of Marketing, ACCA Pak) hosted the program. It was a phenomenal success generating over 27,000 views in just 2-3 days with extremely positive feed-backs. The technical content was highly appreciated and worked towards capacity building. The focus of this initiative was on expanding the footprint of and creating opportunities for ACCA fraternity.

CPEC

It is my vision and aim to build upon such historic successes for the betterment and professional development of ACCA fraternity.

This can only be possible with your vote and kind support in the ongoing MNP elections. For me, MNP is a platform to increase my positive contributions for ACCA fraternity, the profession and thereby our beloved Pakistan.

Please visit:           My Professional Profile, Achievements for ACCA & Manifesto  to consider me worthy of your valuable vote & kind support.

Thanks in anticipation.

Kind Regards,

Omer Zaheer Meer (ACCA MNP Candidate Sr. No: 23)

omerzaheermeer@hotmail.co.uk

 

Historic Pre-Budget Seminar: ACCA, LTBA, PTBA, ICAP, ICMAP & others – ACCA MNP Elections 2016-18

Salam,

Below are some pictures from the historic Pre-Budget seminar organized by me as Chairman Liaison Committee, LTBA in partnership with ACCA (Pakistan). We achieved collaborations with ICAP, ICMAP, LTBA, PTBA and other major bodies including LCCI in attendance. Chairman FBR was the Chief Guest and highly appreciated my presentation, representing ACCA.

ACCA team led by Mr. Sajjeed Aslam (President ACCA Pak), accompanied by Mr. Haroon Jan (Head of Members’ Affairs ACCA Pak) praised the unprecedented success of the first ever event of this nature on such a massive scale. The focus was on expanding the footprint of and creating opportunities for ACCA fraternity.

It is my vision and aim to build upon such historic successes for the betterment and professional development of ACCA fraternity.

This can only be possible with your vote and kind support in the ongoing MNP elections. For me, MNP is a platform to increase my positive contributions for ACCA fraternity, the profession and thereby our beloved Pakistan.

Please visit:           My Professional Profile, Achievements for ACCA & Manifesto  to consider me worthy of your valuable vote & kind support.

Thanks in anticipation.

Kind Regards,

Omer Zaheer Meer (ACCA MNP Candidate Sr. No: 23)

omerzaheermeer@hotmail.co.uk

Omer Zaheer Meer FCCA, CFA, AML Expert- Profile for MNP Elections 2016

Dear Reader,

Salam,

May this writeup find you in the best of spirits.

Professional Intro:

You may have already read my general professional introduction. If you haven’t please have a look at:

https://omerzaheermeer.wordpress.com/about/

Major Endeavors/Achievements for ACCA Community:

This is however to briefly introduce some of the brilliant endeavors undertaken for the development of ACCA community and thereby the accountancy profession in Pakistan.

  • Conducted and proposed CPDs particularly focused on taxation and local corporate laws to equip the members, affiliates and students with necessary technical skills in this extremely important area. (View Details )
  • Conducted almost all the taxation CPDs and one-third of the total CPDs for ACCA fraternity.
  • They’ve been phenomenally successful within the ACCA community and well received by the members of other accountancy bodies too, which in itself speaks of the top quality of the offering. The attendees included the top officials of firms, MNCs, businesses and public sector organizations.
  • These trainings have led to a multitude of members getting equipped for and landing job opportunities. The member satisfaction in Pakistan has increased manifolds and the CPD program is taken as a benchmark by the global head office. (View Details)
  • Represented and expedited for ACCA members in Pakistan to formally join the Taxation sector by getting joint events organized between the largest tax bar in Asia, LTBA and ACCA as Chairman Liaison Committee of LTBA.
  • This resulted in increased footprint for ACCA and culminated in an MOU between both bodies signed by ACCA’s Head of Taxation (Global) giving a formal pathway to ACCA members towards the lucrative taxation practice. (View Details)
  • Prior to this achievment, on my return from UK, I became the first ever ACCA to be enrolled as a member of a tax bar in Pakistan. This broke the monopoly of certain accountancy bodies there, created a precedent and opened up doors for ACCA members to join tax bars in Pakistan.
  • Organized collaborations between ACCA and LCCI resulting in ACCA being duly recognized by and included in the committees of LCCI; hence cementing the footprints of ACCA & opening of job opportunities at leading businesses for ACCA members.
  • Represented and/or introduced ACCA at various forums including LCCI, LTBA, MPDD, UET, several think tanks – being on their boards, e.t.c.
  • Moreover, prepared ACCA’s taxation proposals for the joint initiative with LCCI. This was unprecedented as ACCA was the ONLY accountancy body to be involved in this endeavor.
  • Helped organize and represented ACCA at the largest joint pre-budget seminar graced by dignitaries from all major tax bars, chambers, accountancy bodies and even the FBR team. Chairman FBR, the Chief Guest, highly appreciated the ACCA presentation by myself. This led to further enhanced footprint and acceptability of ACCA in Pakistan.  (View Details)
  • Proposed the idea of and assisted in ACCA’s practising liscence program for Pakistan.
  • Became the first ever ACCA practising license holder in Pakistan as a test case to ensure a smooth journey for all ACCA members in Pakistan. (View Details)
  • Similarly, my firm (Millennium Law & Corporate Company) became the Pioneer ACCA practising firm in Pakistan to create a case study for all ACCA members as well as bolstering the ACCA acceptance & footprints amongst professional firms.   (View Details)
  • Mentored a significant number of members, affiliates and students with their professional and personal inquiries, thereby contributing my share in the development of the ACCA community. (View Details)
  • Initiated unprecedented forums for ACCA community to interact with each other and the ACCA officials with ease.
  • Delivered the first ever “Thinking Ahead with ACCA” (a Ted Talk inspired program) on CPEC for enhanced recognition of ACCA in professional circles and increasing awareness of current issues within ACCA community. This is expected to be released soon globally.
  • Chaired ACCA’s Taxation sub-committee and finalized the budget and taxation proposals in an unprecedented manner which will further enhance the recognition of ACCA’s technical prowess amongst the relevant circles.
  • Recognized as a top professional to represent ACCA in the Professional Expert Forum.

These are just a few of the major endeavors, most of which were achieved in a very short span of time without being a part of the MNP.

Recognition by ACCA:

It was followed by few months being an MNP member as ACCA Pakistan in recognition of the outstanding achievements for ACCA community, nominated me as a technocrat member of the MNP. This allowed to further improve the deliverance for the collective benefit of the ACCA community.

Aim:

Therefore as an elected MNP member, I’ll be able to more effectively pursue a lot of positive projects planned for the future, achieving the highest standards of excellence for the benefits of the ACCA community, InshaAllah.

Request for Vote, Support & Campaign:

But this can ONLY be possible with your support and trust. In view of the above, you’re humbly requested for your kind:

  1. vote for my MNP candidature
  2. support by asking your contacts for the same &
  3. campaigning by spreading this message and your recommendation on social media and elsewhere.

Voting Process:

You shall be receiving an email from ACCA soon with the detailed instructions on the voting process.

Contact Details:

Thanks in anticipation of a positive response. Please feel free to contact me as always for any support and suggestions.

Cell:                0322-4219292

Email:             ozmeer@mlcc.pk

myMfb.com:  Omer Zaheer Meer

Twitter:          @Omer Zaheer Meer