SECP registers record 5,438 new companies in July

Hadia Batool
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Hadia Batool
Hadia Batool is Web Editor of Minute Mirror. She can be reached at bhadia624@gmail.com.
2 Min Read

Summary

  • The Securities and Exchange Commission of Pakistan (SECP) recorded its highest-ever monthly company registrations, with 5,438 new companies incorporated during July, reflecting growing business activity and investor confidence in the country’s corporate sector.
  • The information technology (IT) sector recorded the highest number of new incorporations, with 1,008 companies registered during July.
  • The SECP also reported significant growth in other industries, with 256 companies registered in the food and beverages sector, 207 in tourism, 181 in e-commerce, 165 in education, 162 in real estate development, and 145 in corporate agriculture.
AI Generated Summary

The Securities and Exchange Commission of Pakistan (SECP) recorded its highest-ever monthly company registrations, with 5,438 new companies incorporated during July, reflecting growing business activity and investor confidence in the country’s corporate sector.

According to the SECP, five international companies established offices in Pakistan during the month. The foreign firms are from Malaysia, the United Arab Emirates (UAE), and China, highlighting continued overseas interest in Pakistan’s business environment.

The commission said 112 newly registered companies include foreign directors, indicating increasing international participation in the local corporate sector.

Of the total registrations, 3,148 were private limited companies, while 2,117 were single-member companies. In addition, 127 limited liability partnerships (LLPs) were incorporated during the month. The SECP also registered 28 non-profit organisations and 18 public companies.

Provincially, Punjab accounted for the largest share of registrations, with 2,756 companies, representing 51% of the total. Islamabad followed with 1,053 companies, while Sindh registered 864, Khyber Pakhtunkhwa 450, Gilgit-Baltistan 180, and Balochistan 135 new companies.

The information technology (IT) sector recorded the highest number of new incorporations, with 1,008 companies registered during July.

Other major sectors included trading with 845 new companies, services with 638, and construction with 348 registrations.

The SECP also reported significant growth in other industries, with 256 companies registered in the food and beverages sector, 207 in tourism, 181 in e-commerce, 165 in education, 162 in real estate development, and 145 in corporate agriculture.

The record number of company registrations reflects continued expansion across multiple sectors of Pakistan’s economy and increasing formalisation of businesses under the country’s corporate regulatory framework

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Hadia Batool is Web Editor of Minute Mirror. She can be reached at bhadia624@gmail.com.
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