Pakistan Sees Surge in Company Registrations: Over 10,000 Firms Registered in 3 Months

Islamabad: Pakistan has witnessed a significant increase in business activity, with more than 10,000 new companies registered between February and April this year, according to data released by the Securities and Exchange Commission of Pakistan.

The report states that a total of 10,511 new companies were registered during this three-month period, compared to 8,693 companies registered in the same period last year, reflecting strong growth in entrepreneurial activity.

In April alone, 4,082 companies were registered. Investors from over 22 countries also contributed to this growth by establishing businesses in Pakistan. Notably, foreign investment in company registrations surged by 218 percent.

According to the statement, the total paid-up capital from foreign investors reached Rs 882 million, a sharp rise from Rs 277 million recorded during the same period last year.

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The Securities and Exchange Commission of Pakistan further highlighted that most of the newly registered companies belong to sectors such as trade, services, information technology, construction, and mining.

Additionally, regulatory compliance among companies improved by 61 percent. During these three months, 61,960 companies submitted their annual returns, compared to 38,326 companies last year.

The commission also announced the launch of digital share certificates for unlisted companies, which is expected to reduce shareholder disputes through electronic record-keeping.

To facilitate businesses, new support centers will be established in major cities including Islamabad, Karachi, Lahore, Sialkot, and Faisalabad. The SECP also plans to further automate the company registration system and introduce artificial intelligence for company name reservation.