The Securities and Exchange Commission of Pakistan (SECP) has strengthened its efforts to advance Pakistan’s corporate sector by simplifying business registration processes and promoting corporatization as a vital driver of economic growth.
The SECP has partnered with various stakeholders, including government ministries, regulatory authorities, the State Bank of Pakistan (SBP), land authorities, electricity distribution companies, chambers of commerce, SMEDA, and digital banking platforms like Easypaisa and JazzCash. These collaborations aim to create a more conducive environment for business incorporation and promote the benefits of corporatization, such as limited liability protection, enhanced credibility, and greater access to capital.
The SECP’s initiative emphasizes that corporatization not only improves business scalability and governance but also offers tax efficiencies, simplified ownership transfers, and brand protection. Additionally, businesses under SECP regulation enjoy enhanced credibility, reduced procurement risks, and stronger contract enforceability.
To support these efforts, the SECP is conducting a public outreach campaign that includes seminars, workshops, and digital engagement to raise awareness about its simplified business registration process. The campaign targets informal sector entities and encourages their transition into the formal economy. The SECP continues to remove administrative barriers while aligning policies to promote business formalization and enhance economic transparency.
