ISLAMABAD: Digitalisation has led to extraordinary growth of 186 per cent in incorporation of new companies in April 2021. The SECP, in April has registered a total 2,185 new companies, raising the total number of registered companies to 141,805. The April incorporation included 67pc private limited companies, 29pc single member companies and the remaining 4pc were public unlisted companies, not for profit associations, trade organisations, foreign companies and limited liability partnerships (LLPs). 736 were registered in Islamabad, followed by 667, 378 and 151 companies registered in Lahore, Karachi and Peshawar, respectively. The CROs in Multan, Faisalabad, Gilgit-Baltistan, Quetta and Sukkur registered 131, 48, 48, 23 and 3 companies respectively.
Source: Pakistan Today May 06, 2021 07:23 UTC