ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has introduced a revised fee structure for the submission of company documents, effective from April 21, 2025.
This updated fee schedule applies to various categories of companies under the Companies Act, 2017, and includes distinct charges for manual and electronic submissions.
The new structure outlines a significant fee differential between manual and electronic submissions, with fees for manual submissions often double or more than those for electronic filings. The SECP has clarified that the electronic filing fee will apply only to documents for which electronic submission facilities are provided by the Commission.
For documents where no electronic filing option exists, they must be submitted in physical form.
For example, companies with a share capital of up to Rs 100,000 will pay a fee of Rs 6,050 for manual document submission. However, for electronic submission, the fee increases to Rs 11,000.
The revised fee structure also includes specific fees for companies limited by guarantee and those without a share capital. For the registration of a new company, the electronic submission fee is set at Rs 20,000, while the manual submission fee will be Rs 33,000.
The same fees apply for converting a company with share capital into a company limited by guarantee.
The SECP has introduced additional fees for the filing, registering, or recording of documents relating to mortgages, charges, or pledges, as well as for schemes of amalgamation. These fees vary based on the classification of the company involved. For example, a public sector company wholly owned by the federal government will face an electronic submission fee of Rs 50,000 and a manual submission fee of Rs 100,000.
For medium-sized and large companies, the fees range from Rs 250,000 to Rs 700,000 for electronic submissions, while manual submissions will be charged between Rs 500,000 and Rs 1,000,000 depending on the company type.
The SECP also addressed companies established outside of Pakistan with a place of business in the country. For foreign companies required to file documents like their charter or memorandum, the fee for electronic submission is Rs 11,000, while manual submissions will incur a charge of Rs 22,000.
Additionally, the SECP has specified a non-refundable processing fee for applications seeking approval, sanctions, exemptions, or directions from the Commission or registrar.
These new fee guidelines are part of the SECP’s ongoing efforts to streamline the registration and document submission process for companies, providing greater clarity for businesses operating in Pakistan.