SECP registers 766 companies in January
Security Exchange Commission of Pakistan (SECP) has registered 766 companies during the last month.
Incorporation of new companies has witnessed an unprecedented 48 percent growth in recent three months with constant increasing trend.
Around 86 percent companies were registered as private limited companies, while around 11 percent companies were registered as single member companies. Three percent of the companies were registered as public unlisted, association's not-for-profit and foreign companies.
Foreign investment has been reported in 49 new companies. These companies have foreign investors from, Australia, Bahrain, China, Denmark, Germany, Japan, Netherlands, Philippines, Oman, Switzerland Turkey, the UK and The US.