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ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) registered 2,434 new companies in September, showing a month-on-month increase of 9 per cent.
The total number of registered companies now stands at 178,733.
The SECP said 55 new companies have foreign investors from Afghanistan, China, Canada, Denmark, France, Germany, Italy, Jordan, Malaysia, Philippines, Portugal, Saudi Arabia, Switzerland, Russia, Turkey, the UK, the UAE and the US.
While the total capitalisation or paid-up-capital of the newly incorporated companies for September stood at Rs2.6 billion.
About 58pc companies were registered as private limited companies, 40pc as single member and 2pc as public unlisted companies, not-for-profit associations, foreign companies and limited liability partnership (LLP).
About 99.88pc companies were registered online, including 104 foreign users who enrolled their companies from overseas.
The real estate development & construction sector took the lead with incorporation of 480, information technology with 368, trading with 290, services with 245, education with 96, tourism with 95, ecommerce with 90, food & beverages with 79, marketing & advertisement with 58, textile and corporate agricultural farming with 54 each, engineering with 52, power generation with 50, pharmaceutical with 38, chemical with 36, healthcare with 33, and 316 companies were registered in other sectors.
Published in Dawn, October 14th, 2022
