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Reading: SECP registers 482 new limited liability companies
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PhotoNews Pakistan > Business > SECP registers 482 new limited liability companies
Business

SECP registers 482 new limited liability companies

Web Desk
By Web Desk Published June 7, 2014 1 Min Read
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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.

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