Pakistan Software Export Board (PSEB) has proposed to the State Bank of Pakistan to permit foreign currency accounts like Roshan Digital for freelancers, enabling 100% foreign currency retention, and fast-track inward/outward remittances, sources informed ProPakistani.
PSEB is a government organization established to promote and support the software export industry in Pakistan. As a part of its mission to help the growing community of Freelancers in Pakistan, PSEB has initiated several programs and initiatives to support freelancers and help them grow in their careers.
The benefits being offered by PSEB are as follows:
Current Benefits
Reduced Income Tax (0.25%)
Pay Only 0.25% Tax on Export Proceeds of IT & IT-enabled Services.
Free/Subsidized Training and Certifications
Avail free and subsidized training in the latest technologies and obtain relevant international certifications.
Life and Health Insurance
State Life Insurance Corporation provides multiple life insurance and health insurance packages.
Visa Facilitation
Registered Freelancers can obtain visas to travel abroad for the purpose of attending international conferences, exhibitions, contests, and business-related meetings.
35% Foreign Currency Retention
Permitted by the State Bank of Pakistan to open a foreign currency account as well as a PKR account.
Up to 35% of export remittance is permitted to be retained in a Foreign Currency Account.
Local Exhibitions/Conferences/Seminars and Workshops
Attend free of cost relevant local events and workshops organized by PSEB.
International Recognition
Get international credibility, enabling customers to easily verify their authenticity and credentials.
Upcoming Benefits
Specialized Banking Products For Freelancers
PSEB is negotiating with the banks to offer specialized banking products including:
- Credit Cards
- Collateral-free Personal and Business Loans
Special Foreign Currency Accounts: PSEB has proposed to the State Bank of Pakistan to permit foreign currency accounts like Roshan Digital for freelancers, enabling 100% foreign currency retention, and fast-track inward/outward remittances.
Subsidized Co-Working Spaces
To provide co-working spaces to freelancers and startups at Software Technology Parks (STPs) across the country.
IP Whitelisting
VoIP traffic to be available for PSEB-registered Freelancers.
VPN Gateway
VPN access is to be provided through a PSEB-operated VPN gateway.
These benefits will help Freelancers take their careers to the next level and contribute to the growth of the software industry in Pakistan.
This is manupulate for government I. T sector once again treat of government and misused of all scheme
If gov. wants to help freelancer, then make PayPal available in Pakistan.
Please bring PayPal in Pakistan.
While you are doing story on PSEB. You should also mention that their website is hacked and showing some weird Chinese stuff. I wonder how an organization who can not manage their own website/server can be of any help for IT and Freelancers.
I’m freelancer and i have 0 trust on nawaz gov