The Securities and Exchange Commission of Pakistan (SECP) has registered more than 1,950 new companies in November 2020, indicating an increase of 40 per cent as compared to the corresponding period last year.
Majority of companies were registered as private limited companies (71%); 26pc were registered as single-member companies; while three per cent were registered as public unlisted companies, not for profit associations, trade organizations, foreign companies and limited liability partnership (LLP).
In November, around 99pc companies were registered online; 30pc of new incorporations were completed the same day. During the month under review, 117 foreign users registered companies from overseas.
|real estate development||139|
|orporate agricultural farming||74|
|market & development||43|
|auto & allied||27|
|fuel & energy||23|
|mining & quarrying||23|
|cosmetics & toiletries||21|
|broadcasting & telecasting||16|
|cables & electric goods||12|
|steel & allied||12|
Foreign investment has been reported in 34 new companies. These included investments from Australia, China, Germany, Iran, Italy, Kazakhstan, Korea South, Lebanon, Mozambique, the Netherlands, Russia, Spain, Switzerland, Syria, Turkey, the UAE, the UK and the US.
Around 628 were registered in Islamabad, 625 in Lahore aand 349 companies registered Karachi .
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