According to a statement issued by the SECP on Tuesday, the corporate registrar has incorporated 2,257 new companies and startups in February. The total number of registered companies has risen to 137,054. Of the newly registered companies, 68pc were registered as private limited companies, 30pc as single member companies and 2pc as public unlisted companies, not for profit associations, foreign companies and limited liability partnership (LLP). 765, were registered in Islamabad, followed by 634 and 361 companies in Lahore and Karachi, respectively. CROs in Multan, Peshawar, Faisalabad, Gilgit-Baltistan, Quetta and Sukkur registered 161, 153, 79, 63, 32 and 09 companies, respectively.

Source: Pakistan Today March 09, 2021 16:52 UTC