Sunday, January 5, 2014

Best Freelancing Websites for Pakistanis - Freelncing Help Desk-1

VWORKER

Hi Pakistani Freelancer,

This is the Part 01 of the Freelancer Help Desk Series of Trading And Business In Pakistan.

While there are a lot of reviews comparing various freelancing websites, few do it from the perspective of a Pakistani. I have taken the time out to do a little bit of research to identify which website is most suitable for us, in terms of cost and payment methods.

There are a number of freelancing websites out there that allow Pakistani workers to work on projects and then get paid on them. However, a lot of Pakistanis have problems receiving payments from abroad because we cannot have a PayPal account in Pakistan and relying on the postal system to receive checks via snail mail is not a preferred option.

This series will talk about the pros and cons of the major online freelancing marketplaces from our perspective. We will start with:

VWORKER

Thursday, January 2, 2014

How to withdraw money from Skrill (moneybookers) in Pakistan



In order to withdraw your money in a Pakistani Bank Account, first You need to add your bank account to Skrill, and for this purpose you have to go to your Skrill (Moneybookers) account, and then follow these steps:
 
My Account > My Profile > LIST OF BANK ACCOUNTS

And then click on “Manage” to add your bank account details. You will need the swift code of your bank, you can get the swift code by calling your bank for example swift code of Soneri Bank Hyderabad is SONEPKKAHYD.

After getting the swift code information, you have to verify your bank account and for this purpose we think you have to upload a small amount perhaps 14$ or less, after this step Skrill (moneybookers) will send you a verification code. If in case you don’t get the verification code, you can visit the bank and get a bank statement of your account showing the moneybooker’s transaction ID.

How do you withdraw your Elance payments in Pakistan?



As a freelancer, you work hard for your money and Elance wants to be sure you get it when you need it. Elance offers several free options for you to withdraw payments from your Elance account.

Withdrawing from your Elance account can be done in a few simple steps:

1.    Sign into your Elance account.
2.    Click on the Manage tab in the top navigation.
3.    Select Withdraw and your preferred method from the, Select withdrawal method drop down list.
4.    Complete the withdrawal amount. You'll be able to preview your request before clicking Submit to confirm.


Friday, December 20, 2013

Big Blast: Merger of Elance and oDesk


Elance & oDesk Merger


Fabio Rosati, CEO of Elance wrote that, Elance and oDesk have signed an agreement to merge with each other.  This is clearly big news, and I wanted to give you my perspective on what it means for you and why we decided to do it.

First, I want to make sure that you know that we plan to continue to operate two separate platforms at elance.com and odesk.com, respectively.

As for why we made the decision to merge, our motivation is pretty simple—we want to deliver you the best online freelancing experience possible. We plan to do this by making significant investments in technology, including tools for a more effective job search, seamless online collaboration and improved mobile accessibility. Also, with deeper expertise in data science, you will benefit from improved personalization and user experience.  Please do note that the merger is still subject to the satisfaction of certain closing conditions, and we expect it to close in the next four months or so.

I understand that this is a big change and you may have additional questions. Please visit the most Frequently Asked Questions on our website. And if you have suggestions on how we can make our service even better, please send me an email directly at Fabio.Rosati@elance.com.

Finally, thank you for trusting Elance with your freelancing career. We look forward to providing you with more opportunities to work differently.

Warm Regards,

Fabio Rosati
CEO, Elance

Saturday, August 31, 2013

About Single Member Company

There is often much confusion and misinformation (usually disseminated  by the local bar stool expert) as to what type of entity a Single Member Company actually is. Let's clear it up then!
Single Member

A Single Member Private Limited Company does not, first and foremost ,mean that the company can have only one director!

A member is a shareholder or in effect a company owner. In many small companies the company members i.e. shareholders may indeed be one and the same as the company directors.

A Single Member Company is therefore no different from any other private limited company other than the fact that the entire issued share capital is held or owned by one single/sole person i.e the single member hence, the designation "single member company".

Single Member Company Registration - Law and Procedure in Pakistan

Single Member Company Registration - Law and Procedure in Pakistan

Frequently Asked Questions on Single Member Company in Pakistan:

Q. Can Single Member Company be converted into private company?
A. Yes, a single member company can be converted into a private company on increase of the number of its members/directors to more than one. A private company having two or more members can become a single member company by passing a special resolution for change of its status and by making necessary alteration in its articles and obtaining approval from the Securities & Exchange Commission of Pakistan.

Register Your Company In Pakistan - Requirements and Procedure

Company Registration in Pakistan - Requirements and Procedure:

Registration of a Private Limited Company, Single Member Company, Pubic Limited Company in Pakistan:
This brief overview explains, in very general terms, the procedure and requirements for registration of a company in Pakistan. These brief notes are for general guidance only and should not be taken as a substitute for thorough and professional legal advice.

Types and Forms of Companies which may be Registered in Pakistan:
The following types of companies may be registered in Pakistan:
  • A private limited company, which may be a single member company
  • A public limited company, which may be listed or unlisted
  • A foreign company