FREELANCER REGISTRATION IN PAKISTAN
There is some excellent news for all the freelancers in Pakistan! On the sixteenth of September 2021, the Ministry of IT and Telecommunication (MoITT) unitedly with the Asian country package Export Board (PSEB) launched an internet portal to register Pakistani freelancers. The registration aims to stay a record of our freelance workforce while providing them with edges that may enhance their work expertise.
Freelancing Potential in Pakistan
Pakistan’s is experiencing an exceptional increase in the variety of recent Freelancers because of government interventions, like 3G/4G coverage that’s sanctioning access to international markets, and programs like DigiSkills and e-Rozgaar that ar transmission freelancing skills to thousands and sanctioning them to earn a living within the most in-demand fields, ultimately resulting in the next employment rate.
IS PSEB REGISTRATION MANDATORY IN PAKISTAN?
Registration with PSEB for Freelancers is nonmandatory. However, so as to avail exclusive edges and incentives related to PSEB registration, Freelancers operating in Asian countries are inspired to register.
PSEB Registration Benefits for Freelancers
- Access to PSEB programs and initiatives, including free and subsidized training, and certifications, access to ICT graduate interns for free, subsidized office space at Software Technology Parks (STPs), and access to international marketing and matchmaking opportunities.
- Facilitation Desk at PSEB to report and seek assistance in the resolution of issues related to taxation, banking, Intellectual Property rights, IP Whitelisting, or any other matters related to Government bodies
- 20% discount from SECP on SMC (Pvt) Ltd registration.
- Loans at favorable rates up to 1,000,000 as part of government-sponsored clean lending. initiative and program for PSEB registered Freelancers.
- Health coverage and life insurance of Freelancers under some govt. initiative or program
- Tech Travelcard(upcoming initiative) to be issued to Freelancers with a record of a minimum of three years of IT & ITeS export remittances exceeding US $5,000 per annum through formal banking channels.
- For PSEB registered Freelancers who are receiving export remittances through official banking channels and are reporting in purpose codes given to the IT & ITeS sector by the State Bank of Pakistan, IT & ITeS export income shall be tax-exempt.
How WaysTax Can Help You In PSEB Registration?
For the easiest and hassle-free Registration, WaysTax can also help you. WaysTax also provides freelancers registrations in PSEB. We can also help you with NTN & tax filings, all you have to do is give us the required documents and necessary information. And enjoy a stress-free experience with us.
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