Starting a business in Pakistan? The Securities and Exchange Commission of Pakistan (SECP) is the governing body responsible for company registration and compliance. Whether you’re launching a startup or expanding your business, registering with SECP is a crucial step. This guide covers everything from choosing a business structure to submitting documents and fulfilling legal requirements.
Why Register Your Company with SECP?
Registering a company in Pakistan offers several benefits:
- Legal Recognition – Your business gains credibility and legitimacy.
- Limited Liability – Protects personal assets from business liabilities.
- Access to Funding – Eligible for bank loans, government grants, and investments.
- Business Expansion – Makes it easier to enter contracts and partnerships.
Types of Companies You Can Register with SECP
Before starting the registration process, choose the right business structure:
- Private Limited Company (Pvt. Ltd.) – Most common for startups and SMEs.
- Single Member Company (SMC-Pvt. Ltd.) – For solo entrepreneurs.
- Public Limited Company – Suitable for large-scale businesses.
- Partnership Firm – Registered under a partnership deed.
- Sole Proprietorship – A single-owner business, registered with FBR.
Step-by-Step SECP Company Registration Process
Step 1: Name Reservation
- Visit the SECP eServices portal and create an account.
- Choose a unique company name (check availability using SECP’s name search tool).
- Pay the name reservation fee online.
- SECP will approve or reject the name within 1-2 working days.
Step 2: Preparation of Documents
You’ll need to prepare the following documents:
- Memorandum of Association (MoA) – Defines business objectives.
- Articles of Association (AoA) – Lays out company rules and governance.
- CNIC Copies of Directors & Shareholders
- Address Proof of the Business
- Bank Deposit Slip for Registration Fee
Step 3: Submission of Incorporation Documents
- Log in to SECP eServices and fill out the Incorporation Form.
- Attach required documents and pay the incorporation fee.
- SECP will review your application and issue an Incorporation Certificate within 3-5 working days.
Step 4: Obtain a National Tax Number (NTN)
After registration, apply for an NTN from the Federal Board of Revenue (FBR) to comply with tax laws.
Step 5: Open a Business Bank Account
- Use the Incorporation Certificate and NTN to open a corporate bank account.
Step 6: Register for Sales Tax (if applicable)
If your business deals with taxable goods/services, register for Sales Tax with FBR.
SECP Registration Fees & Timeline
| Company Type | Registration Fee (PKR) | Processing Time |
| Private Limited | 5,000 – 10,000 | 5-7 days |
| SMC Pvt. Ltd. | 3,000 – 7,000 | 3-5 days |
| Public Limited | 20,000+ | 7-10 days |
Common Challenges & How to Overcome Them
- Name Rejection – Choose multiple name options to avoid delays.
- Document Errors – Ensure MoA & AoA comply with legal requirements.
- Payment Issues – Use a verified payment method for online transactions.
Final Thoughts
Registering your company with SECP is a crucial step toward business success. By following the process carefully and ensuring compliance, you can establish a legally recognized company in Pakistan.
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