PAKISTAN SINGLE WINDOW REGISTRATION
PSW stands for the Pakistan Single Window. This is a new trade system and PSW is license is very important for Import and Export Business and PSW replace VEBOC. PSW provides a means for parties involved in trade and transport to lodge standardized information and documents with a single point of entry for fulfilling all import/export and transit requirements.
Requirements of PSW
- The main requirements of PSW are as under
- Registered Business NTN
- Sole proprietorship or AOP/Partnership or Pvt Ltd
- Bank Maintenance Certificate
- GST (General Sales Tax)
- Chamber of Commerce
Time Required for PSW license 8 to 10 Days.
Benefits for the Traders
- Reduced costs and time
- Faster clearance
- Transparency & Predictability
- Less Opportunity for interpretation of laws, regulations etc