Registering with PSEB: Benefits for Freelancers
Apart from the advantages mentioned above, registering with the Pakistan Software Export Board (PSEB) offers numerous specific benefits tailored for freelancers, including:
1. Reduced Income Tax: Freelancers registered with PSEB can benefit from a reduced income tax rate of 10%, compared to the standard rate of 20%.
2. Free Training and Certification: PSEB provides a range of complimentary training and certification programs for freelancers, aiding them in upgrading their skills and enhancing employ-ability.
3. Access to ICT Interns: PSEB facilitates connections between freelancers and ICT interns who can assist with projects, offering an opportunity for collaboration and mentorship.
4. Free Promotion: PSEB actively promotes the work of registered freelancers to potential clients, aiding in securing more projects and building professional reputations.
PSEB Registration: Benefits for Software Houses and Call Centers
1. Visa Facilitation: Members, employees, and investors registered with PSEB receive assistance with visa processes for entering and working in Pakistan.
2. Business Promotion: The PSEB IT portal serves as a platform to showcase businesses to prospective customers and partners worldwide.
3. Enhanced Reputation: PSEB membership contributes to enhancing credibility and trustworthiness within the IT industry.
4. Repatriation of Earnings: Members are permitted to repatriate their earnings, facilitating the attraction of foreign investment.
5. Legal Compliance: PSEB registration is a mandatory requirement for all call centers operating in Pakistan, ensuring legal compliance.
6. Informative Workshops: PSEB organizes workshops covering various business segments, enabling members to stay updated on industry trends and developments.
7. Competitive Bandwidth Rates: PSEB members enjoy competitive rates for bandwidth, ensuring the delivery of high-quality services.
Additional Information:
- As per the provisions of the Income Tax Ordinance, 2001, tax exemptions are applicable to IT exports from Pakistan for the next 12 years.
Documentation Required for Registration:
- Business/Company NTN issued by FBR
- NICs of all Directors (Company)/Partners (Firm)/Proprietors (Sole Proprietorship)
- Attested Copies of passports of Directors (Company)/Partners (Firm) (For foreign nationals)
- Attested Copy of Memorandum of Association and Articles of Association (For companies)
- Attested Copy of Inc. Form-II (For companies)
- Attested Copy of Form 29 (for SECP registered companies only)
- Certified copy of the incorporation certificate (for SECP registered companies)
- Attested Copy of the Partnership deed (for partnership-based firms)
- Original Bank Account Maintenance Certificate
Simplify Your Registration Process:
If you prefer to avoid the complexities of paperwork and documentation, consider leveraging Mithan Enterprises. By downloading the Mithan Enterprises app or visiting https://mithanenterprises.com/, you can connect with specialists who will handle your software house registration with PSEB, ensuring a seamless integration into the framework and hassle-free access to the listed benefits.
