2,477 New Companies Registered in October 2024, Signaling Growth
In a boost to Pakistan’s corporate landscape, the Securities and Exchange Commission of Pakistan (SECP) registered 2,477 new companies across various industries in October 2024, bringing the total to 233,587. This reflects a steady rise in investor confidence and sector expansion.
SECP’s successful digitalization drive has streamlined the registration process, with 99% of new companies registered through its online platform.
Among the newly registered entities, 57% are private limited companies, 41% are single-member companies, and 2% comprise public companies, non-profits, and trade organizations.
The information technology and e-commerce sectors led the growth with 556 new registrations, followed by 486 in services, 388 in trading, and 270 in real estate and construction. Other sectors showing growth included 270 companies in food, healthcare, and pharmaceuticals; 174 in tourism and transportation; 221 in energy, power, and fuel; and 112 across various other industries.
Foreign investment remained strong, with 48 companies attracting international investors from countries like Afghanistan, China, France, Germany, Malaysia, Oman, and Turkey. China emerged as the largest investor, supporting 39 new companies, followed by Afghanistan with four, while the remaining countries each contributed to one new company.
Among the newly registered entities, 57% are private limited companies, 41% are single-member companies, and 2% comprise public companies, non-profits, and trade organizations.
The information technology and e-commerce sectors led the growth with 556 new registrations, followed by 486 in services, 388 in trading, and 270 in real estate and construction. Other sectors showing growth included 270 companies in food, healthcare, and pharmaceuticals; 174 in tourism and transportation; 221 in energy, power, and fuel; and 112 across various other industries.
Foreign investment remained strong, with 48 companies attracting international investors from countries like Afghanistan, China, France, Germany, Malaysia, Oman, and Turkey. China emerged as the largest investor, supporting 39 new companies, followed by Afghanistan with four, while the remaining countries each contributed to one new company.