Investor Presentaiton

STARTING A BUSINESS The Security and Exchange Commission of Pakistan (SECP) is the prime body to register companies in Pakistan. According to the data issued by SECP in February 2021, total 134,797 companies have been registered, out of which 2,201 companies were enrolled in January only. It is worth-mentioning that 98 percent of the new incorporations were registered online while approximately 30 percent applicants completed registration process in the same day. Starting a Business (rank) Procedures (number) Time (days) 72 243 REFORMS IN STARTING A BUSINESS • One-Stop Shop has been launched which consolidated the process of registering a company on one portal. A couple of federal and provincial departments is involved in the whole process. These departments offer their services through this portal. It saves the businessman from the hassle of going to multiple departments for registering a company. One-Stop Shop Generate Pin Pay incorporation fee Register business with 6 agencies through SECP e-services Since 2015, the reforms in the procedures of Starting a Business has significantly decreased the time from 18.5 to 3 days and procedures from 12 to 4. The Registration fee of Labour Department, Lahore has been abolished. SECP has started issuing final registration certificates within 4 hours. Provincial and EOBI certificates are now viewable (by companies as well as SECP) in e-Services account of a company. 6

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