Nearly 3,500 new firms registered in February

The Securities and Exchange Commission of Pakistan (SECP) registered 3,444 new companies in February, bringing the total number of registered firms in the country to 287,049, reflecting continued growth in Pakistan's corporate sector.

According to a statement, private limited companies accounted for 59% of new registrations, followed by single-member companies at 38%. The remaining 3% comprised public unlisted companies, not-for-profit organisations, limited liability partnerships and foreign companies.

Foreign investment remained robust, with 82 newly incorporated companies receiving international shareholding. China emerged as the leading source of investment with participation in 44 companies, followed by the United States with investments in seven companies.

Investors from Palau and Germany participated in three companies each, while Egypt, the United Kingdom, Australia, Afghanistan, Yemen, and Indonesia invested in two companies each. Additional investment originated from Azerbaijan, Nigeria, Jordan, Canada, Sweden, Denmark, the Philippines, Turkey, Portugal, Belgium and other countries.