This issue is specially for my personal Pakistan based banking environment. We have to become an Active Tax Payer and be present on that Active Tax Payer List (ATL) which is issued by FBR (Federal Board of Revenue). Then we register with Pakistan Software Export Board (PSEB) as a freelancer or digital technology startup etc. For a Freelancer case, we get registered and after than we can also open dedicated "Freelancer Bank Accounts" in different local banks. These "Freelancer Bank Accounts" allow us to receive and retain about 5K$ of it as USD. Such digital services are all considered as the category of "Exports". Normally 1-2% tax is for all kinds of exports. Being on the ATL and registered with PSEB offers us 0.25% Withholding Tax instead of regular 1-2% Export Tax. But there's a catch to this policy, that is that the incoming funds should be in USD to avail this offer.

So we can use any local bank account for incoming USD funds to avail 0.25% Withholding Tax offer. But to retain 5K$ of it as USD we must use these dedicated "Freelancer Bank Accounts" or other USD accounts.

I am Discussing "Freelancer Bank Accounts" here is because the account opening process is very simple for these "Freelancer Bank Accounts", we only need ATL and PSEB Certificate of being a Freelancer or a Tech Company. Tech Companies can even use their regular company bank accounts and also retain 100% USD in their accounts and also avail 0.25% Withholding Tax offer.

But all this is possible when we are having incoming USD funds. Otherwise with incoming USD funds, there's no eligibility for 0.25% Withholding Tax offer.

ElevatePay gives us incoming funds in our local currency PKR. Thus we can't utilize this offer given to us from Pakistan's government.