Pakistan Single Window (PSW) Enrollment Benefits
The Pakistan Single Window (PSW) aims to streamline cross-border trade by creating a one-stop platform for businesses. This regulation outlines the process for registering and using the PSW system.
Who Needs to Enroll?
- Businesses involved in import, export, or transit of goods (individuals, companies, partnerships)
- Government organizations
- Diplomatic missions
- Foreign businesses engaged in trade with Pakistan
- Service providers related to trade (customs agents, shipping agents, etc.)
Enrollment Requirements:
-
Pakistani Individuals/Companies:
- Valid National Tax Number (NTN) or Free Tax Number (FTN)
- Computerized National Identity Card (CNIC)
- Mobile number registered with CNIC
- Email address
-
Foreign Individuals/Companies:
- No CNIC, mobile number, or email verification required
- May require verification of banking information
Enrollment Process:
- Visit the PSW portal.
- Enter your NTN, FTN, or CNIC (depending on your category).
- Provide additional details as prompted (company registration number, etc.).
- Pay the non-refundable subscription fee.
- Verify your information through a one-time password (OTP) sent to your email and phone.
- Complete biometric verification (for Pakistani nationals) at an NADRA e-Sahulat center (if applicable).
- The PSW system will issue a unique User ID (UID) and password upon successful completion.
Benefits of PSW Enrollment:
- Simplified trade procedures: One-stop platform for all trade-related activities.
- Faster processing times: Reduced paperwork and manual verification.
- Improved transparency: Real-time tracking of trade transactions.
- Reduced costs: Elimination of unnecessary fees and delays.
Additional Notes:
- The validity period of the UID needs to be renewed periodically.
- The PSW system allows creating additional user IDs for managing workloads.
- You can update your information electronically within the system (subject to fees).
In essence, the PSW system is like a digital trade passport that simplifies cross-border transactions for businesses and organizations in Pakistan.