secp sets new record by registering 926 companies …...press release june 2, 2017 for immediate...

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Press Release June 2, 2017 For Immediate Release SECP sets new record by registering 926 companies in a month Corporate portfolio rises to 80,000 companies ISLAMABAD, June 2: The Securities and Exchange Commission of Pakistan (SECP) in May registered the highest number of 926 new companies so far, witnessing an increase of 44 percent as compared to same month of preceding year. During the first eleven months of current fiscal year (2016-17) registered 7,688 new companies. As compared to the corresponding period last year, it represents a growth of 35 percent. The massive increase in number of new companies is the direct result of various reforms measures introduced by the SECP, i.e. reduction of fee, introduction of swift incorporation process, assistance of incorporation by facilitation wings of CROs, elimination of purchase of third-party digital signatures and introduction of simple and hassle-free CNIC-based user ID and PIN system for incorporation and post incorporation activities. Around 86 percent companies were registered as private limited companies, while around 11 percent companies were registered as single-member companies. Three percent of the companies were registered as public unlisted, association’s not-for-profit, trade organizations and foreign companies. The service sector took the lead with the incorporation of 136 companies, trading with 129, construction with 114, IT with 89, tourism with 57, engineering with 30, food and beverages, health care, and real estate development with 27 each, communication with 24, education and fuel and energy with 20 each, transport with 17, corporate agricultural farming with 16, lodging, pharmaceutical, power generation and textile with 15 each, cable and electric goods with 14, auto allied with 13, and 106 companies were registered in other sectors. Moreover, 13 foreign companies were also registered by the CROs in Islamabad, Karachi and Faisalabad. Foreign investment has been reported in 75 new companies. These companies have foreign investors from, Australia, Austria, Bangladesh, China, Canada, Cyprus, Denmark, Germany, South Korea, Kuwait, Netherlands, Norway, Oman, Singapore, Turkey, the UAE and the US. During the month, the highest numbers of companies, i.e. 338, were registered at the Islamabad CRO, followed by 268 and 165 companies registered at Lahore and Karachi CROs respectively. The CROs in Peshawar, Multan, Faisalabad, Quetta, Sukkur and Gilgit-Baltistan registered 46, 43, 33, 15, 5 and 13 companies respectively.

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Page 1: SECP sets new record by registering 926 companies …...Press Release June 2, 2017 For Immediate Release SECP sets new record by registering 926 companies in a month Corporate portfolio

Press Release June 2, 2017

For Immediate Release

SECP sets new record by registering 926 companies in a month

Corporate portfolio rises to 80,000 companies

ISLAMABAD, June 2: The Securities and Exchange Commission of Pakistan (SECP) in May

registered the highest number of 926 new companies so far, witnessing an increase of 44 percent

as compared to same month of preceding year.

During the first eleven months of current fiscal year (2016-17) registered 7,688 new companies.

As compared to the corresponding period last year, it represents a growth of 35 percent. The

massive increase in number of new companies is the direct result of various reforms measures

introduced by the SECP, i.e. reduction of fee, introduction of swift incorporation process,

assistance of incorporation by facilitation wings of CROs, elimination of purchase of third-party

digital signatures and introduction of simple and hassle-free CNIC-based user ID and PIN system

for incorporation and post incorporation activities.

Around 86 percent companies were registered as private limited companies, while around 11

percent companies were registered as single-member companies. Three percent of the companies

were registered as public unlisted, association’s not-for-profit, trade organizations and foreign

companies.

The service sector took the lead with the incorporation of 136 companies, trading with 129,

construction with 114, IT with 89, tourism with 57, engineering with 30, food and beverages,

health care, and real estate development with 27 each, communication with 24, education and fuel

and energy with 20 each, transport with 17, corporate agricultural farming with 16, lodging,

pharmaceutical, power generation and textile with 15 each, cable and electric goods with 14, auto

allied with 13, and 106 companies were registered in other sectors. Moreover, 13 foreign

companies were also registered by the CROs in Islamabad, Karachi and Faisalabad.

Foreign investment has been reported in 75 new companies. These companies have foreign

investors from, Australia, Austria, Bangladesh, China, Canada, Cyprus, Denmark, Germany,

South Korea, Kuwait, Netherlands, Norway, Oman, Singapore, Turkey, the UAE and the US.

During the month, the highest numbers of companies, i.e. 338, were registered at the Islamabad

CRO, followed by 268 and 165 companies registered at Lahore and Karachi CROs respectively.

The CROs in Peshawar, Multan, Faisalabad, Quetta, Sukkur and Gilgit-Baltistan registered 46, 43,

33, 15, 5 and 13 companies respectively.

Page 2: SECP sets new record by registering 926 companies …...Press Release June 2, 2017 For Immediate Release SECP sets new record by registering 926 companies in a month Corporate portfolio

امہ ںیم ون وس سیبھچ یئن اینپمکں ررٹسج ںیک ےن ایک سی ای یس یپوینپمکں یک ررٹسجنشی ںیم راکیرڈ ااضہف : ا

زار ےس زادئ وہ یئگ

کلم ںیم ررٹسجڈ وینپمکں یک دعتا د ایس ہ

زنشی ےک راحجن ںیم ااضےف ےک س یئن وینپمکں یک ررٹسجنشی ںیم راکیرڈ ااضہف وہا ےہ۔ یئم وجن ( ۲االسم آب اد )

ائ

کلم ںیم اکروپب

زس ےک ایس 926ںیم ون وس سیبھچ ) ویکسرزیٹ اڈنی اجنیچسکی نشیمک آف ب ااتسکنںیم ( یئن وینپمکں ےن ررٹسجنشی احلص یک وج ہک زگہتش ئ

زار وہیئگ ےہ۔ یف دص زبکادہ ےہ۔وچاسیل ےنیہم ےک اقمےلب ںیم

کلم ںیم لک ررٹسجڈ وینپمکں یک دعتاد ایس ہ

زار ھچ وس ااھٹیس )

( اینپمکں ررٹسج وہںیئ وج ہک زگہتش امیل اسل 7,688رواں امیل اسل ےک ایگرہ ونیہمں ںیم اسی ای یس یپ ںیم است ہ

وینپمکں یک ررٹسج یک اس دمت ےک اقمےلب ںیم سیتنیپ دصیف ااضہف ےہ۔

زی وہج اسی ای یس یپ یک اجن

نشی ںیم امنبکاں ااضےف یک ئ

اور ررٹسجنشی ےک لمع یک لیہست ےہ ۔ اسی ای یس یپ ےن ہن رصف ینپمک یک ےس ینپمک ررٹسجنشی ےک ےمکحم ںیم الیئ یئگ االصاحت

د مٹسس اانپبکا سج رھتڈ ب اریٹ ےس ڈلٹیجی دوطختسں یک رشاط وک متخ ہکلب ررٹسجنشی یک وسیفں ںیم امنبکاں یمک یک دیک رکےت وہےئ این اور ج

ز رک دبکا ۔

ےن ررٹسجنشی ےک لمع وک یھب زیت ئ

ڈٹیمل، ایگرہ یف دص لگنس ربمماورنیت یف دص کلبپ

کیئم ےک ےنیہم ںیم ررٹسجنشی احلص رکےن وایل وینپمکں ںیم ایھچیس یف دص رپاویئن

د

ڈ

ٹسلد آر‘ اینپمکں ، ریغ انمعف شخب اوسییس انشی ان

دامت ےک ےبعش رٹیک

الم ںیہ۔ س ےس زبکادہ اینپمکں ج

ززنشی اور ریغ یکلم اینپمکں ش

ائ

گ

، ریمعتات ںیم ایک وس وچدہ ( 129ہکبج اجتریت ےبعش ںیم ایک وس اسیتن) ےہ( 136ںیم ررٹسجڈ وہںیئ نج یک دعتاد ایک وس سیتھچ )

ںیم اتسون( 89ارفننشیم انکیٹولیج ںیم ونایس )‘ (114)

ےک ےبعش ںیم سیت)( 57) ، ریس و ایسح

زن

ک

وخراک و ‘ ( 30، ان

ایئ ںیم (‘ 24وماالصت ںیم وچسیب) ‘(27ےک وبعشں ںیم اتسسیئ) رلئ اٹیٹس ‘تحص ‘ رشموب ات

میلعت اور ادنینھ و وتاب

ارگیرچلکیل افرگنم ںیم وسہل‘ ب ارتلبیت رتسہ

کز ایک ےبعش ںیم دنپرہ اور اٹسکیٹلئ ںیم‘ ب اور رنجنشی ‘ دوا اسزی ‘رتسہ اکروپرن

‘ ےس ہ

زیق اایشء ںیم وچدہ اور اس ےک العوہ ایک وس ھچ اینپمکں دورسے فلتخم وبعش ں ںیم ررٹسج وہںٗی۔ اس امہ آوٹ االڈیئ ںیم ریتہ‘ لبیک اورئ

لصیف آب اد ںیم ررٹسجنشی احلص یک۔ ریتہ نیب االوقایم وینپمکں ےن االسم آب اد، رکایچ اور

Page 3: SECP sets new record by registering 926 companies …...Press Release June 2, 2017 For Immediate Release SECP sets new record by registering 926 companies in a month Corporate portfolio

رز )

ھتچپ

‘ ڈینیکا‘ نیچ‘ الگنب دشی‘ آرٹسبکا‘ یئن وینپمکں ںیم ریغ یکلم رسامہی اکری وہیئ۔ ان رسامہی اکروں اک قلعت آرٹسایلی( 75اس امہ

زینم‘ ڈامنرک ‘ اسرپئس ‘ ونجیب وکربکا ‘ ج

کاروے ‘ دینر ڈنیل ‘وکن

زیک ‘ اگنس وپر‘ اوامن‘ ب

‘ دحتمہ رعب اامرات‘ ئ

ککہ ی

ے اور ارمس

ررٹسج ( اینپمکں328نیت وس ااھٹ سیت) االسم آب ادےک ینپمک ررٹسجنشی آسف ںیم وہیئ اہجںس ےس زبکادہ ررٹسجنشی ےہ۔

اسیل، لصیف ، اتلمنایھچسیل، اشپور ںیم ( 165)ھٹسنیپ رکایچ ںیم ایک وس ( 268) الوہر ںیم دو وس اڑ ھٹس وہںیئ ہکبج

زب

ںیم ئ

ررٹسج یک ںیئگ۔ اور تگلگ اتستلبن ںیم ریتہ اینپمکں ںیم دنپرہ ، رھکس ںیم ب اچن وکہٹئ ‘ںیم سیتنیت آب اد