SECP registers 8,286 companies
Services sector took the lead with incorporation of 1,303 companies
PHOTO: SECP
ISLAMABAD:
The Securities and Exchange Commission of Pakistan (SECP) registered 8,286 new companies during 2017, a growth of 34% when compared to the previous financial year. According to the annual report 2017 released by SECP, this has raised the total number of registered companies to 80,700.
The trend witnessed in formation of companies was that approximately 86% companies were registered as private limited companies, 11% were registered as single-member companies and 3% were registered as public unlisted, association’s not-for-profit, trade organisations and foreign companies. The services sector took the lead with the incorporation of 1,303 companies, followed by trading with 1,100 and construction with 936. Foreign investment was reported in 562 new companies.
Published in The Express Tribune, January 3rd, 2018.
The Securities and Exchange Commission of Pakistan (SECP) registered 8,286 new companies during 2017, a growth of 34% when compared to the previous financial year. According to the annual report 2017 released by SECP, this has raised the total number of registered companies to 80,700.
The trend witnessed in formation of companies was that approximately 86% companies were registered as private limited companies, 11% were registered as single-member companies and 3% were registered as public unlisted, association’s not-for-profit, trade organisations and foreign companies. The services sector took the lead with the incorporation of 1,303 companies, followed by trading with 1,100 and construction with 936. Foreign investment was reported in 562 new companies.
Published in The Express Tribune, January 3rd, 2018.