The Securities and Exchange Commission of Pakistan (SECP) registered 482 new limited liability companies in May, a rise of 29 per cent compared to the same month last year, raising the total corporate portfolio to 64,159 firms.
The SECP also granted three licences to non-profit associations, said a statement issued today.
Around 92pc firms were registered as private limited companies, 4pc as single-member companies, 2pc as public-limited companies and 1.5pc as associations under Section 42 of the 1984 Companies Ordinance.