SECP enrols 2,414 new companies in February.

ISLAMABAD -- The SECP registered 2,414 new companies in February 2023, bringing the total number of registered companies to 187,569. The total paid-up capital (capitalization) of the companies incorporated in February was Rs 2.5 billion. Approximately 57% of businesses were registered as private limited companies, 40% as single-member businesses, and 3% as limited liability partnerships, not-for-profit organizations, and unlisted public companies (LLP). Further, almost 99.9% of businesses registered online. The new registration includes four foreign companies and 94 companies, incorporated by foreign users from overseas.

The real estate development and construction sector took lead with incorporation of 387 companies, followed by information technology with 335, trading with 299, and services with 262 companies. Further, 120 companies were incorporated in food and beverage sector; 118 in tourism sector; 100 in education sector; and 61 in the e-commerce and engineering sectors. The other sectors with incorporations include textiles (54 companies), corporate agricultural farming, marketing and advertisement (53 each), healthcare (50), chemicals (39), pharmaceuticals (36), transport (36), auto and allied (31), power generation (30), mining and quarrying (28), lodging (27), fuel and energy (25), communications (24), cables and electrical goods...