SECP register 26,502 new companies in FY21-22

The Securities and Exchange Commission of Pakistan (SECP) registered 26,502 new companies to 172,206 in 2021-22.

About 99.5 per cent companies, including 1,640 foreign users from overseas, were registered online while the total capitalisation of newly incorporated companies stood at Rs42.4 billion in FY22.

Real estate development and construction sector topped the list with 4,791 new incorporations, followed by information technology with 3,760 and trading with 3,534.

To facilitate the registration of companies, the SECP has fully digitised the registration process, along with company registration certificate.

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