Pakistan Software Export Board (PSEB) Registration

PSEB Registration in Pakistan refers to the process by which IT and software companies, freelancers, and tech startups officially register with the Pakistan Software Export Board (PSEB). PSEB is a government body under the Ministry of Information Technology and Telecommunication, responsible for promoting and developing the information technology (IT) and software services industry in Pakistan, particularly software exports.

Benefits of PSEB Registration:

Tax Exemptions: Registered companies are eligible for certain tax benefits and exemptions under Pakistan’s Income Tax Ordinance. For instance, software exporters can avail tax incentives like tax holidays and exemptions from duties on imported goods.

Export Facilitation: Access to government support for promoting exports, including participation in international trade events, exhibitions, and meetings with global clients.

Funding & Grants: Registered companies may access government funding, grants, and financial support for expansion or for research and development.

Market Access: PSEB helps facilitate connections between Pakistani IT companies and international markets, offering exposure to global clients and partnerships.

Capacity Building: PSEB offers training programs, workshops, and seminars to improve the technical skills of employees and business owners in emerging technologies.

Networking Opportunities: PSEB organizes events, conferences, and forums where members can network with other businesses, industry leaders, and potential clients.

Credibility: Being registered with PSEB adds credibility to your business in the eyes of clients, investors, and international partners.

Frequently Asked Questions (FAQs)

Q. What is the Pakistan Software Export Board (PSEB)?

A. The Pakistan Software Export Board (PSEB) is a government agency under the Ministry of Information Technology and Telecommunication (MOITT) of Pakistan. Its mission is to promote and facilitate the development of Pakistan’s IT and software services industry, particularly focusing on software exports. PSEB works to create an ecosystem conducive to the growth of Pakistan’s IT sector and supports local companies in expanding their reach globally.

Q. Who can register with PSEB?

A.

• Software Companies: Businesses involved in software development, IT solutions, and IT-enabled services.
• IT Services Providers: Companies providing services such as consulting, outsourcing, system integration, etc.
• Freelancers: Individuals offering IT-related services on a freelance basis.
• Startups: New businesses in the IT and software sector.
• Business Process Outsourcing (BPO) Companies: Offering outsourced services such as customer support, data entry, etc.
• IT Exporters: Companies that provide IT products or services for export.

Q. How do I register with PSEB?

A.  To register with PSEB, you need to follow these steps:

• Visit the PSEB Website: Go to www.pseb.org.pk.
• Create an Account: Sign up by providing your company or personal details.
• Complete the Application Form: Fill out the registration form with the required information about your company or freelance work.
• Submit Required Documents: Upload necessary documents like the Company’s Certificate of Incorporation, NTN certificate, CNIC, proof of office address, and any export profile (if applicable).
• Payment of Fees: Pay the required registration fee (if applicable).
• Wait for Approval: PSEB will review your application, and if everything is in order, you will receive confirmation of your registration.

Q.  Is there a registration fee for PSEB?

A.  Yes, there is typically a registration fee that varies based on the type and size of the business. The fee is generally payable annually. The exact fee amount can be found on the PSEB website under the registration section.

Q.  Can freelancers register with PSEB?

A. Yes, freelancers in the IT sector can also register with PSEB. Freelancers will need to provide additional details about their work, such as project portfolios, contracts, and certifications that demonstrate their qualifications and experience in the field.

Q. What are the requirements for software export companies?

A. Software export companies need to provide detailed information about their export activities, including contracts, invoices, or other documentation that demonstrates their export activities. They are eligible for specific export-related incentives, such as access to international trade events and support in reaching global markets.

Q. How long does the registration process take?

A. The registration process typically takes between 7 to 15 business days. The timeline can vary depending on the completeness of your application and the volume of applications being processed by PSEB.

Q. Can I renew my PSEB registration?

A. Yes, PSEB registration is typically valid for one year and needs to be renewed annually. The renewal process usually involves updating your company’s details and submitting the renewal fee.

Q.  What happens if I don’t register with PSEB?

A. While PSEB registration is not legally required to operate an IT business in Pakistan, it provides significant advantages for companies involved in the export of software and IT services. Not registering means missing out on benefits such as tax exemptions, export facilitation, and government support for business growth.

Q. How can I check the status of my registration?

A. You can check the status of your registration by logging into your account on the PSEB portal. Alternatively, you can contact PSEB’s customer support via email or phone for updates on your application.

Q.  How can PSEB help with exporting IT services?

A.  PSEB helps registered companies in a number of ways:

• Market Development: PSEB facilitates business linkages and market opportunities for Pakistani IT companies globally.
• Trade Fairs & Exhibitions: Organizing participation in international trade events, exhibitions, and networking sessions to connect with international clients and partners.
• Export Leads: PSEB provides business leads and export opportunities to help companies find new markets.

Q.  What happens if I provide false information in my registration application?

A.  Providing false or misleading information during the registration process can lead to rejection of your application. In severe cases, it may result in legal action or cancellation of your registration. It is important to ensure that all information provided to PSEB is accurate and complete.

Q.  How does PSEB support startups?

A.  PSEB provides special support for startups through:

• Access to funding: Government grants and schemes that help startups scale their operations.
• Training & Development: Programs focused on the growth and development of new companies.
• Networking & Mentoring: Opportunities to connect with investors, mentors, and industry leaders.

Q. What documents are required for PSEB registration?

A.  Registration of Freelancer:

Scanned copies of:

• NTN (With No Business Name)
• CNIC (Both Sides)
• Bank Account Maintenance Certificate.

Registration of Sole Proprietorship:

Scanned copies of:

• Business NTN

• Owner’s CNIC (Both sides)
• Business Bank Statement of the preceding six months
  OR
  Business Bank Account Maintenance Certificate (In case of new account).

Registration of Partnership Firm:

 Scanned copies of:

• NTN

• Partners’ CNICs (Both sides)
• Partnership Deed
• Firm Registration Certificate (for registered firms)
• Business Bank Statement of the preceding six months
  OR
  Business Bank Account Maintenance Certificate (In case of new account).

Registration of Company:

Scanned copies of:

• Business NTN
• CNIC of all Directors (Both sides)
• Passports of Directors (for foreign nationals only)
• Memorandum and Articles of Association (for SECP registered companies only)
• Form 29 (for SECP registered companies only)
• Incorporation certificate (for SECP registered companies only)
• Business Bank Statement of the preceding six months
  OR
  Business Bank Account Maintenance Certificate (In case of new account)