The Securities and Exchange Commission of Pakistan (SECP) will charge a registration fee of Rs 10,000, irrespective of the amount of share capital, on formation of a company wholly-owned by the government and notified in the official gazette.
The revised fee structure for different companies was issued by the SECP under for different companies under Seventh Schedule of the Companies Act 2017. The SECP will now charge fee of Rs 1,000 for submission of documents electronically and Rs 2,000 for submission of documents in physical form for registration of a company whose nominal share capital does not exceed Rs 100,000.
For every Rs 100,000 of nominal share capital or part of Rs 100,000, up to Rs 10,000,000, a fee of Rs 500 for submission of documents electronically and Rs 1000 for submission of documents in physical form. For every Rs 100,000 of nominal share capital of Rs 100,000, after the first Rs 10,000,000, up to Rs 5,000,000,000 a fee of Rs 400 for submission of documents electronically and Rs 750 for submission of documents in physical form.
For every Rs 100,000 of nominal share capital or part of Rs 100,000 after the first Rs 5,000,000,000, up to any amount of fee of a fee of Rs 150 for submission of documents electronically and Rs 250 for submission of documents in physical form.
Separate charges are also being announced for companies formed outside of Pakistan. Foreign companies will be charged Rs 10,000 for submission of documents electronically and Rs 20,000 for submission of documents in physical form.
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Zabrdast.