SECP has registered record number of new companies May, 2017.
SECP registered 7’688 in last eleven month of current fiscal year 2016-17 and in one SECP registered 926 new companies. 80% companies were registered as public limited and 11% were as one member companies. This massive increase was due to the better policies provided by SECP which increase the confidence of people. Reduction in fee, easy registration procedure and assistance led to this massive edge.
Due to these registrations foreign investment has also increased. These profitable and non profitable new organizations registered by SECP are getting investment from US, Australia and other European countries.