Enterprise facilitation, registration of Pakistani corporations will increase by 186%

KARACHI: The Safety Trade Fee of Pakistan (SECP) has mentioned in an announcement that the registration of recent corporations has elevated by 186 per cent on account of enterprise facilitation.

The SECP issued an announcement relating to the registration of recent corporations, stating that greater than 186 per cent corporations have been registered as in comparison with the identical month final yr.

In response to the SECP, after the latest registration, the full variety of corporations registered in Pakistan has reached 141,829.

“In April 2021, 99% of corporations have been registered on-line, most of them in data know-how, and 43 corporations acquired international funding in the identical month,” the assertion mentioned.

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“180 new corporations have been registered within the buying and selling sector, 117 within the development sector and 115 within the import-export sector,” the assertion mentioned. 736 corporations have been registered in Islamabad, 667 in Lahore, 378 in Karachi and 151 in Peshawar.

In response to SECP Chairman Aamir Khan, “All phases of firm registration have been digitized. Now anybody can register an organization at residence, workplace or overseas.”

He mentioned that e-services of SECP have additionally been linked with the provincial departments of Sindh and Punjab.

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