Registration with SECP
Why To Register With SECP?
Securities Exchange Commission of Pakistan (SECP) is a financial regulatory body with a mandate of:
- To regulate corporate sector & capital market
- Regulation of insurance companies & non-banking finance companies
- Over sight of external service providers
Is it required for business?
- Yes, SECP registration is mandatory for registration of business/company.
- It is also mandatory for TDAP collaborated trade exhibitions/fairs.
- SECP registration legitimates your business and enhances credibility
What Are The Pre-Requisites ?
To register your company keep these points in mind:
- It can be Sole Proprietorship or a Partnership firm or a Company.
- Name and logo to be decided.
- A company account with an authorized bank.
Open an office with all required facilities:
- Valid postal address
- Landline telephone connection and fax number
- Office furniture and equipment
How To Register?
Documents Required
Registration Process
Documents required to register a company in Pakistan
- Memorandum of Association and Articles of Association
- CNIC Copies of Directors, CEO, and Nominee (for the single-member company) or copies of passport in case of a foreigner.
- NOC or letter of intent/ license from concerned authorities if you want to register some specialized business.
- In the case of foreign company incorporation, details such as List and details of Directors and their nationality, company profile, Company charter’s certified copy, Memorandum of Association and Articles of Association.
- Authorization of Subscribers for filing of documents. • Registration/ Filing fee.
Online registration process on SECP e-services web page:
- Check the availability of name on SECP website.
- Upon availability, create an account and reserve the name.
- Avoid using prohibited names for your company. Check it from SECP website’s prohibited words list.
- You will need a valid CNIC in case of Pakistani National and a valid passport if you are a foreigner.
- Select ‘fast track registration services’ (FTRS) for same-day registration.
- Fill out the online form and submit user registration.
- Validate security codes received via SMS or email to generate PIN.
- Pay the user registration fee online through your credit/debit card, or through challan in any of the selected branches of MCB or UBL.
- You will receive a confirmation email from SECP within a day.
Confirmation of registration:
After submission of documents:
- SECP will evaluate and validate all the submitted documents. National Institutional Facilitation Centre (NIFC) – SECP will then grant a digital signature or company seal.
- All company directors’ signatures are needed to receive this company seal. You will get a certificate of incorporation from SECP if all your documents are valid. It will be issued to you in the physical form or electronically, you can now start your business.
Important links:
- SECP e-services
- https://eservices.secp.gov.pk/eServices
- Video tutorial:
- Further info:
- https://www.secp.gov.pk/document/faqs-incorporation/?wpdmdl=44771&refresh=62a2f250b49131654846032
