Reanda Haroon Zakaria & Company

What Reanda Haroon Zakaria & Company does

Reanda Haroon Zakaria & Company is a Pakistan-based partnership firm of chartered accountants founded in 1993 by Muhammad Haroon, FCA and Zakaria, FCA, operating across three offices in Karachi (headquarters), Lahore, and Islamabad with 101-250 employees. The firm delivers Audit & Assurance, Tax, Legal, Advisory, Accounting & Bookkeeping, Business Process Outsourcing, IFRS Advisory, IT Consulting, Family Business, and Entrepreneurial Services to a client base that spans corporates, banks and financial institutions, family-owned businesses, entrepreneurs, and international investors entering or operating in Pakistan.

The firm is an ACCA Approved Employer, an ICAP-recognized training organization, and has maintained a satisfactory Quality Control Review (QCR) rating with the Institute of Chartered Accountants of Pakistan (ICAP) for over a decade. It is approved on the State Bank of Pakistan's Category B panel of auditors (qualifying it to audit banks and financial institutions with assets up to PKR 100 billion), the Securities and Exchange Commission of Pakistan (SECP) panel, and the Audit Oversight Board (AOB) panel. In September 2010 it became a member firm of the Reanda International Network, providing cross-border service capability across Asia and MENA. In 2025 the firm rebranded to HZASR—reflecting the addition of partners Aamir Salman Rizwan—signaling a generational broadening of the partnership.

The business model is professional services fee-based: revenue is generated through engagement fees on audit, tax, legal, and advisory mandates, augmented by retainer and outsourcing arrangements. The firm sustains its profile through a continuous thought-leadership practice, including annual commentary on Pakistan's Finance Bill, which reinforces its brand in tax and regulatory advisory.

Name

Reanda Haroon Zakaria & Company

Legal name

Reanda Haroon Zakaria Aamir Salman Rizwan & Company Chartered Accountants

Website

https://hzco.com.pk

Company type

Private

Founded year

1993

Operating status

Operating

Headcount range

251–500 employees

Short description

Reanda Haroon Zakaria & Company is a Pakistan-based chartered accountancy firm (founded 1993) delivering audit, tax, legal, advisory, BPO, and IT consulting services from offices in Karachi, Lahore, and Islamabad to corporates, banks, family businesses, and international investors, with SBP, SECP, and AOB panel approvals.

Ownership category

akta.pro rank

Product category

Professional Services - Audit, Tax, and Advisory

NAICS

Offices of Certified Public Accountants (541211), Other Accounting Services (541219), Offices of Lawyers (541110)

SIC

Services-Management Consulting Services (8742), Finance Services (6199)

akta.pro industry

PRIMARYBPAAAGAI

Tax Operations Support (Indirect Tax, Withholding, Compliance Admin)

Business & Public Services/Administrative & Support Services (BPO, Call Centers, Back Office)/Finance & Accounting Outsourcing (AP/AR, GL, Billing)

SECONDARYBPAAAGAG

Intercompany & Consolidation Support (Eliminations, Group Reporting Support)

Business & Public Services/Administrative & Support Services (BPO, Call Centers, Back Office)/Finance & Accounting Outsourcing (AP/AR, GL, Billing)

SECONDARYBPACADAM

Finance, Accounting & Audit Staffing

Business & Public Services/HR, Staffing & Recruitment Services/Professional & Technical Staffing (IT/Engineering/Healthcare/Finance)

Keywords

• Audit and assurance
• Tax advisory services
• Corporate legal advisory
• Business process outsourcing
• IFRS reporting advisory

Headquarters

HQ city

Karachi

HQ country

Pakistan

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Infrastructure, Technology or R&D

Revenue model

1. Professional Services Fees: The firm generates revenue through professional service fees for audit and assurance, tax services, legal services, advisory, accounting and bookkeeping, business process outsourcing, and IT consulting. Revenue is likely generated through billable hours and project-based engagements typical of professional services firms.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

Reanda Haroon Zakaria & Company is a Pakistan-based chartered accountancy firm offering audit and assurance, tax, legal, advisory, accounting and bookkeeping, business process outsourcing, IFRS reporting, family business, and IT consulting services to corporates, banks, regulators, and foreign investors. The firm operates a one-window model combining legal, tax, accounting, and advisory services for businesses establishing or operating in Pakistan.

Product overview

Reanda Haroon Zakaria Aamir Salman Rizwan & Co (RHZASR) is a professional services firm offering a comprehensive suite of integrated professional services. The firm operates as a unified platform providing Audit and Assurance Services, Tax Services, Legal Services, Advisory Services, Accounting and Bookkeeping Services (ABS), Business Process Outsourcing, Entrepreneurial and Private Business Services, Family Business Services, IFRS Reporting Advisory, and IT Consulting and Solutions Services (ICS). The portfolio includes specialized offerings for businesses entering Pakistan, with services coordinated through one-window operations for legal, advisory, tax, and accounting needs.

Differentiator

Problem solved

Functional benefit

Products and services

• Audit and Assurance Services Statutory audits, regulatory assurance, and financial reporting audits delivered with integrity, objectivity, and independence for listed companies, banks, DFIs, and SECP-regulated entities.
• Tax Services Tax advisory, tax planning, and tax compliance services providing innovative solutions for sophisticated and complex tax transactions for businesses in Pakistan.
• Legal Services Full-scale legal advisory on corporate, commercial, financial, and civil law matters, delivered by a dedicated team of advocates and barristers within the firm.
• Advisory Services Business advisory practice offering solutions for complex business problems across business types, working with clients as business partners.
• Accounting and Bookkeeping Services (ABS) Outsourced accounting, bookkeeping, and financial reporting solutions delivered by a dedicated team to help clients make well-informed decisions.
• Business Process Outsourcing End-to-end outsourcing of back-end operations including financial, IT, or legal functions, leveraging a network of trainees and associates with ACCA, CA, Legal, or MBA backgrounds.
• Entrepreneurial and Private Business Services Advisory services for entrepreneurs and private businesses covering each stage from starting a business, to raising external financing, to successful exits.
• Family Business Services Specialized advisory services addressing the unique challenges and strengths of family-owned businesses for sustainable growth across generations, including succession and governance.
• IFRS Reporting Advisory IFRS updates and practical application guidance provided by a team of leaders with more than two decades of experience in IFRS reporting and implementation.
• IT Consulting and Solutions Services (ICS) IT consulting and solutions delivered by competent IT professionals across diversified business domains within reasonable time frames.
• Doing Business in Pakistan Services One-window operation for businesses looking to establish or invest in Pakistan, providing integrated legal, advisory, tax, and accounting services at each stage of market entry.

Quantifiable outcome

• Banking audit capability for institutions up to PKR 100 billion in assets or 160 branches
• +1 more outcomes

Named customers3 records

Segments5 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Reanda International NetworkcoreStrategic or Co-development Partner · 15 September 2010Reanda Haroon Zakaria Aamir Salman Rizwan & Company is a member firm of Reanda International Network. The firm was previously known as Reanda Haroon Zakaria & Company before adding partners. Reanda International is the first China branded international accounting network, formally launched on 15 September 2010 with initial 7 member firms from China, Hong Kong, Macau, Japan, Singapore, Malaysia and Cambodia. The network aims to assist domestic clients of member firms doing business internationally while providing a springboard for foreign enterprises exploring opportunities in China. Reanda International is one of the leading networks in MENA and Asian region.

Scale indicators7 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• BDO Pakistan (BDO Ebrahim & Co.): Pakistan member firm of BDO Global, a top-tier international accounting network. Closest direct competitor to RHZASR in terms of mid-tier positioning, network affiliation model, and target client mix (mid-market, listed, regulated entities).
• Baker Tilly Pakistan: Pakistan member of Baker Tilly International network, offering audit, tax, and advisory. Comparable in scale and positioning to RHZASR, competing for similar mid-market and family-owned business mandates.
• RSM Pakistan: Pakistan member of RSM International, the world's sixth-largest accounting network. Comparable mid-tier network positioning; competes for similar advisory and statutory audit mandates across regulated industries.
• Grant Thornton Pakistan: Pakistan member firm of Grant Thornton International, providing audit, tax, and advisory services. Direct competitor in mid-tier network segment with comparable client mix and panel-eligibility positioning.
• Reanda CPA (China): Top-tier Chinese accounting firm and anchor of the Reanda International Network to which RHZASR belongs. Closely comparable as a network peer for cross-border referrals and is the foundational counterpart for China-Pakistan corridor mandates.
• Crowe Pakistan (Hassan Akhtar & Co.): Pakistan member of Crowe Global, providing audit, tax, and advisory services. Direct peer in mid-tier network competition with overlapping client base across listed companies and SECP-regulated entities.

Broad incumbents

• Deloitte Pakistan (Yousuf Adil Saleem & Co.): Pakistan member of Big Four Deloitte, offering audit, consulting, tax, and advisory services. Competes with RHZASR for top-tier banking and listed-company audit mandates and serves as a benchmark for category-A SBP panel positioning.
• KPMG Pakistan (KPMG Taseer Hadi & Co.): Big Four affiliate in Pakistan, providing audit, tax, and advisory across regulated industries. Comparable client profile (banks, listed entities, multinationals) and competes directly for high-end statutory audit mandates.
• PwC Pakistan: Big Four PwC's Pakistan practice offering assurance, tax, and advisory services. Competes for the same SECP/AOB panel audit mandates and cross-border advisory work that RHZASR targets via Reanda Network.
• EY Ford Rhodes (EY Pakistan): Pakistan member firm of Big Four EY, providing audit, tax, advisory, and transaction services across listed companies, banks, and multinationals. Directly competes with RHZASR for SBP, SECP, and AOB panel-eligible audit mandates, but operates with broader global resources and brand recognition.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/reanda-pakistan
• Xx.com/haroonzakariaco
• Facebookfacebook.com/HaroonZakaria

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Reanda Haroon Zakaria & Company