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Help! Opening a U.S. Bank Account
Hey Skool community, I need your help! I’ve registered my LLC and also got my EIN, but now I’m stuck on the bank account step. I tried Wise, but it doesn’t give me a proper USD account. I also checked Mercury, but they don’t let me open from Pakistan. Can anyone suggest physical U.S. banks where I can open a business bank account? Really appreciate any leads
About Stripe and Wise
Do we need to set up both Stripe and Wise accounts, or will one be sufficient?
Taxes as a Freelancer
@Muhammad Ali Rashid Bhi, I've gone through the videos about LLC formation and the other steps. I couldn’t find any clear guidance regarding taxes in Pakistan—specifically, if we become an FBR filer. Could you please share the process and any useful tips? Also, do we need to register with PSEB as well? Please guide...
Freelancers in Pakistan - Tax Filing Season is Here.
You’ll need to file your taxes within the next month. It’s nothing complicated, don’t feel overwhelmed. Just something that needs to be done. If you’re earning more than Rs. 600,000/year, you’ll fall under the standard income tax slab (usually around 2.5% to 15%, depending on how much you make). However, if you hold a PSEB (Pakistan Software Export Board) certificate, you are only required to pay a 0.5% tax, as per the latest budget. Worth looking into. I’ve shared the contact information of someone I’ve personally worked with. You’ll find his info inside the Legal & Finance section in the Classroom. Important: — I’m just referring him based on my own experience — Do your own due diligence — Work with him at your own risk Just wanted to make this process easier for some of you ❤️ Let’s all stay clean this year, inshaAllah.
Freelancers in Pakistan - Tax Filing Season is Here.
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