ISLAMABAD: The number of companies registered with the Security Exchange Commission of Pakistan (SECP) during 2016-17 was 8,286, recording an impressive growth of 34% compared to 2015-16.
The total number of registered companies now stands at 81,493, according to a statement issued by the commission on Thursday. Despite lower economic activity in June 2017, the SECP registered 595 new companies in the month.
Out of these, about 86% were registered as private limited companies, while around 12% companies were single member companies and 2% were registered as public unlisted, trade organisations and foreign companies. The growing trend in company registration is the direct result of numerous reforms and facilitation measures undertaken by the SECP.
