SECP establishes first-ever ‘business centre’ for swift company registration

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP), while rigorously pursuing its objective of providing ease of doing business, has established its first ever “business centre” for swift incorporation of companies and to ensure instant response to investors’ requests for information and queries.

“The centre, located in the federal capital, is well equipped with a professional team and latest technology to promptly process incorporation applications of companies having registered office/correspondence address within the jurisdiction of CRO, Islamabad,” a statement issued on by the commission on Wednesday read.

The establishment of the business centre is a continuation of the SECP’s ambitious reform agenda to improve ease of doing business in Pakistan. The commission has already rationalized and reduced the incorporation fee, simplified registration forms and significantly reduced the turnaround time for incorporation of a company.

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“The SECP’s business centre is a step forward to centralize the process of business registration in Pakistan, which will ensure uniformity of practices, improve turnaround time and smooth resolution of any problems,” the statement read.

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