SECP holds sessions under ease of doing business reforms agenda

Recent initiatives taken by SECP to reduce time, procedures, and costs of doing business

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) on Tuesday organized two sessions with contributors under ease of doing business reforms agenda at company registration offices in Lahore and Karachi.

The purpose of these sessions was to engage with the contributors and end-users of the services being provided by the SECP for starting a company. The participants were apprised of the recent initiatives taken by SECP to reduce time, procedures, and cost in order to facilitate new start-ups and businesses.

The reforms introduced by SECP include the launch of a unified online procedure for company registration through e-Services, 75 per cent reduction in filing fee at the time of company registration, and processing of complete application for company registration in just four working hours.

The participants appreciated SECP’s continuous efforts aimed at creating a friendly environment for doing business in the country.

Must Read

Walt Disney forms business unit to coordinate use of AI, augmented...

Walt Disney is forming a new group to coordinate the company's use of emerging technologies such as artificial intelligence and mixed reality, as the media...