2374 New Companies Registered by SECP in December 2022
ISLAMABAD, January 20, 2023- Security and Exchnge Commission of Pakistan has registered 2374 new companies in December 2022.
The total number of registered firms is currently 183,744, and their total capitalization (paid-up capital) for the current month is Rs. 4.1 billion. In the final month of the year 2022, around 56% of businesses were registered as limited liability corporations, while 41% were registered as sole proprietorships. The remaining three percent consisted of public unlisted enterprises, non-profit organizations, overseas firms, and limited liability partnerships (LLP). Almost 99.8 percent of businesses had online registrations.
427 companies were registered in the real estate development & construction sector, followed by 329 in information technology, 292 in trading, 218 in services, 107 in education, 104 in tourism, 89 in food & beverages, 82 in e-commerce, 63 in corporate agricultural farming, 55 in textile, 51 in marketing & advertising, and 452 in other sectors.
Foreign investment in 85 new enterprises has been reported. The majority of investment came from China with 48 firms, followed by Germany with 5, Afghanistan, the United Kingdom, and the United States with 4 each, Iran and South Africa with 2, and 16 companies from other nations.
As a result of the integration of SECP with FBR and several provincial departments, 2,172 firms were registered with FBR for the generation of NTN, 60 firms with EOBI, 34 firms with PESSI/SESSI, and 37 firms with the department of excise and taxation.
The SECP has also established a WhatsApp service for fielding inquiries. With a 96 percent satisfaction rate, responses were issued in December 2022 to around 1,382 WhatsApp inquiries from local and foreign investors regarding name availability and incorporation.
To get more news on Real Estate and infrastructure developments, please contact 0331 1110005 or visit www.alsadatmarketing.com
Al Sadat Marketing is a real estate firm located in Islamabad & Rawalpindi in Pakistan. With over 7+ Years of experience, Al Sadat Marketing Company is providing its services to all trending societies in Islamabad and Rawalpindi.
Al Sadat Marketing
Head Office: First Floor, Yasin Plaza, Blue Area Main Jinnah Avenue, Islamabad
You can also invest in other famous and most in demand housing societies, such as , Blue World City, Rudn Enclave, 7 Wonders City Peshawar, Taj Residencia, Kingdom Valley, New Metro City Gujar Khan, Forest Town Rawalpindi, University Town Rawalpindi, ICHS Town, Park View City Islamabad, Multi Gardens B17 Islamabad and Nova City Islamabad.
Few more real estate housing schemes which are trending now a days in Islamabad by including: Faisal Town Phase 2, Prism Town Gujar Khan, New City Paradise, Eighteen Islamabad, 7 Wonders City Islamabad, Capital Smart City, Silver City Islamabad, The Life Residencia, Faisal Town Islamabad, Islamabad Golf City, Islamabad Model Town and Marble Arch Enclave.
Al Sadat Marketing is an emerging Real Estate Agency headquartered in Islamabad, Pakistan. With over 10+ Years of experience, Al Sadat Marketing is providing its services and dealing all trending housing societies projects in different cities of Pakistan. Islamabad Projects, Rawalpindi Projects, Gujar Khan Projects, Burhan Projects, and Peshawar Projects etc.
Book Your Plot Now: +92 331 111 0005