Are you an IT freelancer or company in Pakistan looking to expand your export business and access valuable benefits? Look no further than the Pakistan Software Export Board (PSEB)! This article breaks down the key things you need to know about PSEB and how it can support your growth.
Who Needs to Register with PSEB?
- All IT companies and individuals within Pakistan exporting IT services are required to register with PSEB.
- This includes freelancers, call centers, and development centers.
Benefits of Registration:
- Concessional Tax Rate: Registered members enjoy a 0.25% tax rate on export income compared to the standard 1% for unregistered businesses.
- Fixed Tax Regime Option: Opt for a fixed tax based on turnover instead of income tax.
- Certification and Training: Access PSEB-approved certification programs and training opportunities.
- Promotional Activities: Benefit from PSEB-organized promotional events and initiatives to reach new markets.
- Graduate Listing: Get your company listed on the PSEB graduate directory for potential recruitment opportunities.
- Intern Salary Refunds: Claim refunds on salaries paid to interns for up to three months.
Remember:
- Consult with a tax advisor to understand the specific benefits and requirements applicable to your individual circumstances.
- Stay informed about any updates or changes to PSEB regulations and benefits.
By registering with PSEB and taking advantage of its resources, you can unlock numerous advantages for your IT export business, boosting your competitiveness and profitability in the global market.
