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From Pakistan · South Asia

Start a US company from Pakistan

Stripe doesn't list Pakistan among the countries it supports. A US LLC with an EIN and a US bank account can apply. Formation and the EIN happen remotely, without an SSN. For the bank, Payoneer serves Pakistan and pays out to Pakistani banks, so check whether it will open an account in your US company's name. The SBP and FBR have rules of their own, set out below in order.

Launch + Wyoming filing; the tax return is separate.

At a glance

Mercury doesn't open for founders living in Pakistan, and nor do Relay or Wise's USD accounts. Try Payoneer first.

The banks, in detail
US tax treaty
In force
Local Stripe
No
Mercury
No
Currency
PKR
Our fee
from $249
Wyoming's fee
$102.40
Until we file
Refunded in full

Yes, you can form a US LLC while living in Pakistan, without an SSN or a visit to the US; Stripe doesn't list Pakistan, but once the LLC has an EIN and a US bank account it can apply for a US Stripe account, and Stripe can decline.

Checked by Saais Patel, compliance reviewer.

Pakistan: the first year's steps, who issues each, the fee and the typical time
StepWho issues itFeeTypical time
Form the Wyoming LLCWho issues itThe Wyoming Secretary of StateFee$102.40 state fee, passed on at costTypical timeSame day, once a complete filing is accepted. Our order checks and filing batch come first.
Get the EIN without an SSNWho issues itThe IRS, from Form SS-4FeeNo IRS fee. Launch and Operate include the application.Typical timeThe IRS says that under its Fax-TIN program an EIN by fax generally comes within 4 business days. For a company owned from abroad, our estimate is six to eight weeks.
Open an account to get paidWho issues itPayoneer, which serves Pakistan and pays out to Pakistani banks. Check whether it will open an account in your US company's name.FeeSet by PayoneerTypical timePayoneer's review, and it can decline
Apply for a US Stripe accountWho issues itStripe, which reviews the business and the person behind itFeeSet by StripeTypical timeStripe's review, and it can decline

Watch

The first year from Pakistan, in 7 minutes

Forming a US LLC while living in Pakistan? This is the whole road, stop by stop: whether you need one at all (the 0.25% PSEB rate), what the State Bank of Pakistan's rules say about funding it, the EIN without an SSN, which US banks won't open for you and what to try instead, Stripe, bringing money home, and what the FBR and the IRS expect every year.

Transcript

Before you form

Start with whether you need a US company at all.

  • You may not need a US company

    Freelance or agency work for clients abroad

    Pakistani banks already take freelancers' foreign payments, with a dollar account and a 0.25% final tax for PSEB-registered IT exporters. A US company adds filings in both countries, so it needs a reason.

    US companies for freelancers
  • A Wyoming LLC may fit

    Card payments on your own site, or a platform that wants a US company

    Stripe doesn't serve Pakistan, and a US LLC with a US bank account can apply for a US Stripe account. Sort out the bank first, because Mercury, Relay and Wise's USD accounts won't serve you.

    Getting access to Stripe
  • Look at the SBP's HoldCo route

    A Pakistani startup raising from investors abroad

    The SBP lets a Pakistani private company under seven years old, with revenue under PKR 2 billion and equity under PKR 300 million, set up a holding company abroad. Founders swap their shares into it, and most of the money it raises has to flow back to the Pakistani company.

    Delaware C-Corp formation
  • Review the US footprint

    Selling on Amazon US or holding US stock

    An LLC can meet marketplace and supplier requirements. Inventory, staff or premises in a state can add registration and sales-tax obligations there.

    US companies for Amazon sellers

BaseAcross's Wyoming LLC and Delaware C-Corp options for founders in Pakistan

Wyoming LLC

Owner-run business that needs Stripe or a US contracting party; plan the bank first.

State filing
$102.40
Yearly state charge
From $60
Wyoming LLC formation

Delaware C-Corp

Raising from investors who want shares; check the SBP's HoldCo route first.

State filing
$110
Yearly state charge
$450 for the model shown
Delaware C-Corp formation

Both charges are the state's, before our plan, optional services and your advisers' fees. Wyoming sets a minimum yearly charge, and Delaware's franchise tax depends on how it's calculated. Staff, stock or premises in another state can bring obligations there. An S-corporation isn't an option, because nonresident aliens can't hold its shares.

Prepare the information

Different documents are needed at different stages.

You provide

Before state filing

  • Your proposed company name, business activity and chosen structure.
  • Owners' names exactly as on their passports, ownership shares, management and home addresses.
  • Any Pakistani company you already run, and any US operations or investment plans that affect the structure.
  • The approved company name and formation details.
  • The responsible party. Without an SSN or ITIN, the application goes on Form SS-4.
  • Accurate mailing and principal business addresses, and your signed authorization where required.
You confirm; we prepare

After formation, for the EIN

  • A passport for each owner the provider asks about.
  • Formation documents, the EIN confirmation and the operating agreement.
  • A real business address, your website, a description of the business and the source of funds, as each provider asks.
The provider verifies

For bank and payment applications

  • Your NTN and filer status. The SBP expects anyone investing abroad to be on the Active Taxpayer List.
  • A freelancer self-declaration, made once when you open the account, if you're paid as a freelancer.
  • PSEB registration, if you want the 0.25% rate on IT export proceeds.
You and your bank

For your bank and the FBR in Pakistan

You don't need a Pakistani company, an NTN or PSEB registration to form a US LLC. They matter on the Pakistani side, for your bank and the FBR. The EIN is the US company's tax ID, and it doesn't replace your NTN. Send identity documents through a secure request, and only the ones asked for.

How it works

Seven steps from Pakistan to a maintained US company.

The state approves the company, the IRS issues the EIN and each provider approves its own account. In Pakistan, your bank applies the SBP's rules and your tax adviser handles the FBR; we don't file either.

You and your tax adviser

Check the Pakistani side first

Decide how the company will be funded within the SBP's rules, how you'll be paid for your own work, and whether you need a US company at all.

You leave this stage with: A funding and payment plan that fits Pakistan's rules.

01 / 07

Plan the wait

Formation, the EIN and banking have separate timelines.

Published service estimates and prerequisites for a Wyoming company from Pakistan

  1. Wyoming formationSame day
  2. Ordinary EINsix to eight weeks
  3. Expedited EINtwo to three weeks
  4. Bank and payment accountsProvider review
  5. US Stripe accountStripe's review
  1. Wyoming formation

    Same day

    The clock starts
    Complete filing accepted by the state
    What can change it
    Our order checks and filing batch come first. Expedited filing changes our queue; it doesn't speed up the EIN.
  2. Ordinary EIN

    six to eight weeks

    The clock starts
    EIN application after formation
    What can change it
    Included in the plan. This is our published estimate; the IRS queue can change.
  3. Expedited EIN

    two to three weeks

    The clock starts
    EIN application after formation
    What can change it
    Optional $199 service. An estimate, with issuance controlled by the IRS.
  4. Bank and payment accounts

    Provider review

    The clock starts
    Company and owner information ready
    What can change it
    Payoneer and any other provider set their own timing, may ask for more documents and can decline an application.
  5. US Stripe account

    Stripe's review

    The clock starts
    US bank account and website ready
    What can change it
    Stripe reviews the business and the person behind it, and can decline.

These are service estimates, not promised completion dates. The IRS and each provider set their own processing times. Names or addresses that differ between documents slow every stage.

What it costs

The same price from Pakistan as from anywhere.

Charged in US dollars, with the Wyoming state fee passed on at cost. Where you live changes which bank we introduce you to, not the price.

LLC cost calculator

Launch

To start

$351.40

$249 our fee + $102.40 Wyoming fee

Renews from $309 a year

OperateBilled yearly

To start

$2,490.40

$2,388 our fee + $102.40 Wyoming fee

Renews from $2,448 a year

Included in both plans

  • State formation filing
  • Registered agent and registered office
  • EIN application without an SSN
  • LLC Operating Agreement or corporate bylaws
  • Bank and payment application guidance
  • Filing calendar and reminders

What changes because you live here

The filing is the same from anywhere. Four things aren't.

Treaty status, payment availability, bank eligibility and time zones. Sources checked 13 October 2026; account approval remains with the provider.

1 of 4: The tax treaty

The tax treaty

The tax treaty: In force

The United States and Pakistan have an income tax treaty from 1957 in force.

It cuts US withholding on some payments to you, to 0% on royalties for patents, know-how and copyrights, but not on interest, which stays at 30%. Pay for work you do in Pakistan is generally not US-source income in the first place, so the treaty matters less for a services business.

Money and the SBP

Money moving between Pakistan and the company follows the SBP's rules.

These come from the State Bank of Pakistan's Foreign Exchange Manual and the Income Tax Ordinance, and they run alongside the US steps below. Read them before you order, because they decide how the company is funded and how you get paid.

  1. Before you send money from Pakistan

    You and your bank

    The SBP's general permission for individuals covers listed shares abroad (up to USD 25,000 a calendar year and 1% of a company), employee share plans and sweat equity up to 20%. Owning and funding your own private US company isn't on that list, so ask your bank's foreign exchange desk before you send anything.

  2. If you invest under the SBP's rules

    You, your designated bank and the SBP

    It runs through one designated bank branch, with tax-paid money and an investor on the Active Taxpayer List, and exemptions go to the SBP's Exchange Policy Department. Within a month you file evidence of the investment and form V-100, and every year the company's audited accounts.

  3. When the company pays you for your work

    Your bank in Pakistan

    As a freelancer you can receive it in Pakistan on a self-declaration and keep USD 5,000 a month or half the proceeds, whichever is higher, in a dollar account (ESFCA). The rest goes into your rupee account.

  4. As each payment arrives

    Your bank, for the FBR

    The bank deducts tax at 0.25% if you're registered with the Pakistan Software Export Board for IT or IT-enabled services (tax years 2024 to 2029), or at 1% for other exports of services. It's your final tax on that income if you file your return and meet the section's other conditions.

  5. Profit you take out as the owner

    You and your tax adviser

    Under the SBP's framework, dividends and sale proceeds from an investment abroad come home through banks, with a Proceeds Realization Certificate filed through your bank. A fee for your work and a share of profit are taxed differently, so record which each payment is.

  6. Every tax year

    You and your tax adviser

    Report foreign-source income in your return, and file the foreign income and assets statement once foreign income reaches USD 10,000 or foreign assets USD 100,000.

Worked example

A worked month for a freelancer

Ask your bank which rate it will apply before the first payment, because the 0.25% rate depends on PSEB registration for IT or IT-enabled services.

  1. Your US company pays you USD 4,000 for work you did in Pakistan, and you take it as freelance export proceeds.

  2. The retention limit is USD 5,000 or half, whichever is higher, so all USD 4,000 can stay in your dollar account.

  3. If you're PSEB-registered, the bank deducts 0.25%, which is USD 10. Otherwise it's 1%, which is USD 40.

  4. The company records a USD 4,000 payment to its owner for services, which belongs on its Form 5472.

Good to know

Paying our fee and the state's fee from Pakistan is a payment abroad, so ask your bank how it will report it, and your adviser whether the SBP's rules on investing abroad reach it.

What Pakistan expects

Owning a US company doesn't take you out of Pakistan's tax system.

Pakistan taxes its residents on foreign-source income as well as income from Pakistan. Owning a US company can bring in the foreign income and assets statement, the controlled foreign company rule and the SBP's rules on investing abroad. Keeping the money in a US account doesn't change that.

SBP · Investing abroad

The SBP's general permission for individuals covers listed shares abroad, employee share plans and sweat equity up to 20%. Owning and funding your own private company isn't on that list. Investing under its rules runs through one designated bank, with tax-paid money and an investor on the Active Taxpayer List, and the profit comes home through banks.

FBR · Worldwide income

As a resident you're taxed on foreign-source income as well as income from Pakistan. A Pakistani citizen stays resident unless they spend more than 182 days in another country and are tax-resident there.

FBR · Section 116A

Once your foreign income reaches USD 10,000 or your foreign assets USD 100,000, you file a foreign income and assets statement. Missing it costs 2% of that income or those assets for each year, and ignoring an FBR notice about it can be prosecuted.

Controlled foreign company

Pakistan can tax you on a foreign company's income if residents control it, it pays less than 60% of Pakistan's tax on that income, and it doesn't earn mainly active business income. Income under Rs 10 million a year counts as zero. Selling services to unrelated clients usually counts as active, but royalties, interest and sales to associates don't.

Where it is run

A company is resident in Pakistan if its control and management is wholly in Pakistan at any time in the year. A US company that one founder runs entirely from Pakistan should have a tax adviser look at this early.

On the record

We form US companies. We aren't Pakistani tax advisers. These are the rules as they're generally published, they change, and how they apply to you depends on details this page can't know. Take this list to a tax adviser in Pakistan before you order, and we'll tell you what the US forms need.

After formation

Someone has to own each filing, in each country.

US information reporting

A US LLC with one foreign owner is usually a disregarded entity that files Form 5472 with a pro forma Form 1120 when it has reportable transactions with you. Money you put in, take out or are paid for your work can count even in a year without sales. The IRS penalty for not filing starts at $25,000.

For a calendar-year company, the return is usually due 15 April, and Form 7004 requests an extension before then. A C-Corp, or an LLC with more than one owner, files different returns.

Form 5472 and the pro forma 1120

State, Pakistan and ownership checks

Keep the registered agent active and track the state's yearly charge. In Pakistan, your return covers foreign-source income, and the 116A statement applies once you pass its thresholds. If you invested under the SBP's rules, your bank also needs the company's audited accounts each year.

US-created companies are exempt from BOI reporting under FinCEN's current rule, effective 14 August 2026. Banks and payment providers still verify who owns the company.

Who handles each formation, banking and filing responsibility
TaskWho handles itWhere the responsibility ends
Formation and EIN applicationBaseAcross prepares and submitsThe state approves formation; the IRS issues the EIN.
Bank and payment applicationsYou, with our guidanceThe provider verifies the information and decides.
Payments into Pakistan and SBP reportingYou and your bankYour bank applies the SBP's rules; we don't file SBP forms.
Annual state filingYou, or our optional filing serviceReminders are included; managed filing and the state charge are separate.
US federal returnsYou and your US tax preparerLaunch and Operate remind you; they don't file the return.
FBR return, 116A statement and Pakistani taxYou and your tax adviserWe provide the US company records they need.

Prepare the conversation

Take these questions to your tax adviser before you order.

Bring the owners, where each lives for tax, the business activity, how the company will be funded and how money will move between you. Agree who prepares each filing in Pakistan and in the US.

Download the checklist for your tax adviser (.txt)
  1. 01

    Does the SBP let me fund this company from Pakistan, or should it fund itself from its own revenue?

  2. 02

    If the company pays me for my work, should I receive it as freelance export proceeds, and should I register with the PSEB for the 0.25% rate?

  3. 03

    How will the FBR treat the LLC's profit, and could the controlled foreign company rule apply?

  4. 04

    Could the company's control and management be treated as wholly in Pakistan under section 83?

  5. 05

    When do I need the foreign income and assets statement under section 116A, and what goes in it?

  6. 06

    How should I pay the formation fees from Pakistan, and how will my bank report the payment?

  7. 07

    Can I claim credit in Pakistan for any US tax, and how should I keep records for both returns?

Questions

Questions from Pakistan.

If yours is not here, email us at hello@baseacross.com before you order.

Can a Pakistani resident own a US LLC?

Yes, as far as US law goes. It doesn't require an LLC's owners to be US citizens or residents, and formation, the EIN and the bank applications all happen remotely. On the Pakistani side, the SBP's rules on investing abroad and the FBR's rules on foreign income apply. Owning a US company doesn't give you a US visa.

Do I need SBP approval to own a US company?

The SBP's general permission for individuals covers listed shares abroad (up to USD 25,000 a calendar year and 1% of a company), employee share plans and sweat equity up to 20%. Owning and funding your own private US company isn't on that list. Ask your bank's foreign exchange desk and an adviser before you send money to the company.

Can I fund the company from Pakistan?

Not under the general permission for individuals. Investment abroad under the SBP's rules goes through one designated bank, with tax-paid money and an investor on the Active Taxpayer List, and exemptions go to the SBP's Exchange Policy Department. Many founders let the company fund itself from its own revenue instead.

Do I need a US company to get paid as a freelancer in Pakistan?

Not necessarily. Pakistani banks take freelancers' foreign payments on a self-declaration, and you can keep USD 5,000 a month or half, whichever is higher, in a dollar account. The bank deducts 0.25% tax if you're PSEB-registered for IT services, or 1% otherwise. A US company is for Stripe, US contracts and platforms that need one.

How much does a US company from Pakistan cost?

Launch starts at $351.40: $249 for the plan plus $102.40 for the Wyoming filing. The plan and Wyoming's minimum yearly charge then total $309 a year. Your tax adviser's fees, US return preparation and bank charges in Pakistan are separate. Wyoming's license tax can be more than its $60 minimum.

Should I form a Wyoming LLC or a Delaware C-Corp from Pakistan?

A Wyoming LLC usually suits an owner-run business selling to customers abroad. A Delaware C-Corp suits raising from investors who want shares. If you already run a Pakistani startup, the SBP's HoldCo route sets the terms for a holding company abroad. Nonresident aliens can't hold shares in an S-corporation.

Can I get an EIN without an SSN or ITIN?

Yes. Without an SSN or ITIN, the application goes on Form SS-4 instead of the IRS's online tool. We prepare it after the company is formed, and the IRS issues the number. Your NTN isn't part of it.

How long does it take from Pakistan?

Each stage has its own clock. Wyoming's published turnaround is same day once a complete filing is accepted. Our ordinary EIN estimate is six to eight weeks after the application, or two to three weeks with the $199 expedited option. Banks, payment providers and Stripe each set their own review times. These are estimates, not promises.

Can I open a Mercury account from Pakistan?

No. Mercury's prohibited-countries list includes Pakistan, and it goes by where you live, not your passport. Relay also bars owners with Pakistani citizenship or residency.

Which account can a founder in Pakistan use?

Start with Payoneer, which serves Pakistan and pays out to Pakistani banks, and ask whether it will open an account in your US company's name. Wise says it can't give USD account details where the business, or your personal profile, has an address in Pakistan. Each provider reviews the company and its owners and can decline.

Will a US LLC get me Stripe from Pakistan?

It lets you apply. Stripe doesn't list Pakistan, but a US LLC with an EIN and a US bank account can apply for a US Stripe account. Stripe reviews the business and the person behind it, and approval isn't guaranteed.

Do I pay US tax on work I do from Pakistan?

Generally not. Pay for work you do in Pakistan is generally not US-source income, so a single-owner LLC with no US office or staff often owes no US income tax on it. It still files Form 5472 with a pro forma Form 1120 when it has reportable transactions with you.

What does the FBR expect from me?

As a resident you report foreign-source income as well as income from Pakistan. Once your foreign income reaches USD 10,000 or foreign assets USD 100,000, you also file a foreign income and assets statement, and missing it costs 2% a year. The controlled foreign company rule and section 83 can also matter.

Is there a US–Pakistan tax treaty?

Yes, from 1957. It brings US withholding on royalties for patents, know-how and copyrights to 0%, but interest stays at 30% and most dividends at 30%. Pay for work you do in Pakistan generally isn't US-source income anyway.

Does BaseAcross file the US and Pakistani returns for me?

On Launch and Operate, we add deadlines and reminders; you or your accountant file the federal returns. Managed annual state compliance is an optional $149 service fee a year, with the state's charge separate. Your FBR return, the 116A statement and anything the SBP needs are for you, your bank and your tax adviser.

How do I bring the company's money to Pakistan?

Through a bank or provider that supports your company and pays out in Pakistan. Pay for your own work can come in as freelance export proceeds. Profit from an investment made under the SBP's rules comes home through banks with a Proceeds Realization Certificate. Record which each payment is, because they're taxed differently.

Does my new US LLC need a BOI report?

US-created companies are exempt under FinCEN's current BOI rule, effective 14 August 2026. A company formed outside the US and registered to do business there is a different case. Banks still collect ownership details for their own checks.

Sources and editorial scope

Check the published rules behind the explanation.

Prepared by the BaseAcross team and reviewed by Saais Patel, compliance reviewer. Sources checked . This is general formation information, with source links for the tax and banking context. An individual tax or legal review remains with your qualified advisers.

The SBP and FBR documents are the official texts: Foreign Exchange Manual chapters last revised in 2023 and 2024, and the Income Tax Ordinance as amended to 30 June 2026. Rules and rates change with each Finance Act and SBP circular, so confirm the current position with your adviser before acting.

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Plan
Launch
First year
$351.40
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10 steps
Start from Pakistan

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