Islamabad, October 11, 2021 (PPI-OT):The Securities and Exchange Commission of Pakistan (SECP) registered 2,223 new companies in September 2021, up by 20% over the same period in the preceding year. Total capitalization (paid-up capital) of the new companies stood at Rs. 2.8 billion and the total number of registered companies has risen to 1, 52,089.
Private Limited companies accounted for 65% of the new incorporations, whereas 32% were registered as single-member. Remaining 3% were registered as public unlisted companies, not for profit associations, trade organizations and limited liability partnership (LLP). Approximately 99% companies were registered online and 210 foreign users were registered from overseas.
Sector-wise, construction and real estate sector took the lead with the incorporation of (377) companies, followed by information technology (316), trading (310), services (209), food and beverages sector (85), textile (74), ecommerce (74), education (66), market and development (54), corporate agricultural farming (53), pharmaceutical (52), engineering (46), healthcare (45), tourism (43), auto and allied (38), chemical (38), transport (37), mining and quarrying (3) and power generation (30), paper and board (27), logging (26), cosmetics and toiletries (23), fuel and energy (19), cables and electric goods (18), communications (17), steel and allied (16), and wood products (16) and broadcasting and telecasting (15) and 69 companies were registered in other sectors.
Foreign investment has been reported in 61 new companies, reporting foreign investors from Australia, Canada, China, Dominican Republic, Germany, Hong Kong, Iraq, Jordan, Korea South, Paraguay, Qatar, Russia, Saudi Arabia, Spain, Switzerland, Taiwan, Turkey, UAE, UK, the USA and Zambia.
For more information, contact:
Head, Internal and External Communication
Securities and Exchange Commission of Pakistan (SECP)
NIC Building, 63 Jinnah Avenue, Islamabad
Tel: +92-51-9214005 or +92-51-9214009 (Ext. 378)
Fax: +92-51-9206459
Cell: +92-302-8552254
E-mail: [email protected]
Website: www.secp.gov.pk