Securities & Exchange Commission of Pakistan

The Securities and Exchange Commission of Pakistan (SECP) is the financially

regulatory agency in Pakistan whose objective is to develop a modern and
efficient corporate sector and a capital market based on sound authority
principles, in order to encourage investment and promote economic growth and
prosperity in Pakistan.
SECP was established on January 1, 1999. SECP has the responsibility to make
sure the accuracy of organizations or corporations under the law of Pakistan. The
mandate of SECP includes investment financial services, leasing companies,
housing finance services, venture capital investment and real estate investment
trust etc. It also regulates various external service providers that are linked to
corporate sector like chartered accountants and corporate secretaries.

Registration of a Company in Pakistan

Any three or more persons associated for lawful purpose may, by subscribing
their names to the Memorandum of Association and complying with the
requirements of the Companies Act, 2017 form a Public company and any two or
more persons so associated may, in same manner, form a private company. After
registration, the company is required to meet certain requirements and file
certain documents with Company Registration Offices (C.R.O).
Following are the requirements for registration of a company in Pakistan.

 Approval of Company Name:

It is important to devise a unique name that would set you apart from the rest in
the industry.

 Submission of Documents:
Once the company name gets the approval, you need to submit the incorporate
documents to SECP.
  Certificate of Incorporation:
SECP evaluate the documents and check their validity. A digital signature is
granted by the National Institutional Facilitation Technologies (NIFT).

 Deposit of Shares:
Shareholders have to deposit their corresponding amount of shares to the
company’s bank account.

 Registration of Income, Sales and Professional Taxes:

The last step of company’s registration process is to register with Federal Board
of Revenue (FBR) and issuance of a national tax number (NTN).

Relevant laws For Registration Of a Company in

Pakistan
1. The Companies Ordinance, 1984
2. Companies (General Provisions and Forms) Rules, 1985
3. Single Member Companies Rules, 2003