Pakistan Sets a Record for New Company Registrations
With the collaboration of the SIFC, the Securities and Exchange Commission of Pakistan has registered 2,617 new companies this year, marking a 6% increase compared to 2023.
As a result, the total number of registered companies has reached 231,111.
A large number of registered companies contribute to government revenue, which can be utilized for public services, infrastructure development, health, education, and development programs.
Among the new companies, 55% are private limited, 41% are single-member, and the remaining 4% include public unlisted companies, non-profit organizations, trade associations, and limited liability partnerships.
A significant development is that 99.8% of the companies were registered online, demonstrating the commitment of Pakistan’s Securities and E...