The Securities and Exchange Commission of Pakistan (SECP) registered 2,409 new companies in February 2023.
The total number of registered companies now stands at 185,173. During the month, a record-breaking 174 companies were registered in a single day. Total capitalization (paid-up capital) with regard to newly incorporated companies for the current month stood at Rs 2.7 billion.
About 57 percent of companies were registered as private limited companies, while 39 percent were registered as single-member companies. About 3 percent were registered as unlisted public companies, not-for-profit associations, trade organizations, and limited liability partnerships (LLPs). Nearly 99.8 percent of the companies were
registered online. 101 foreign users were also registered from overseas.
With 407 companies formed, the real estate development and construction sector led all other industries, followed by information technology (334), trading (321), services (250), tourism (99), food and beverage (97), education (86), e-commerce (77), corporate agricultural farming (63), pharmaceutical (51), textile (49), marketing & advertisement (47), engineering (44), healthcare (41), mining & quarrying (40), chemical
(39), and transport (35).
There were 108 companies registered in other sectors, including transportation (35), power generation (34), fuel & energy (27), lodging (26), communications (23), cosmetics & toiletries (20), broadcast & telecasting (20), cables (19), electrical goods (18), auto & allied (18), paper & board (17), and arts and culture (17).