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SECP to Open Aid Center for Business Owners

SECP to Open Aid Center for Business Owners

The Security and Exchange Commission of Pakistan (SECP) by keeping in view the needs of people have established a platform where a person can register and can use SECP hardware and software at the center to perform certain actions like submission of application and forms by the help of eService. This opportunity is provided just to the owner of the business.

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SECP is launching its center soon after Ramadan in Sialkot Chamber of Commerce and Industry. So this center can provide help to the existing and to the newly established companies about the eServices. Sialkot is just the start after establishing there they are going to expand it further in the other cities of the country, soon after Sialkot they will established their one-stop shop at Lahore Chamber of Commerce and Industry after making a start over there they will move towards Karachi and Islamabad Chamber of Commerce and Industry.

In 2008 SECP took a step and launched eService that help the promoters to interact with each other online by the help of eService and there is no need to visit the SECP office. If person wants the company to be registered with SECP than by just completing the online procedure through eServices can registered there. And if person is unable to register through eServices than by the help of person at SECP can register there. The company requires following documents for the complete registration of company:

  • Form1: declaration of compliance
  • Form 21: identification of the office’s location
  • Form 29: particulars of directors, secretary, chief accountant, auditors and other
  • Four copies of the memorandum and articles of association with each member’s signature ( in presence of witness)

The procedure for submission of fee depends on the choice of a person. Person can submit fee online or by visiting the office and submit to the office. For online registration fee is 5,000 PKR and filling fee is 2,000 PKR. And for offline registration fee is 10,000 PKR and filling fee is 4000 PKR. Conformation will be through Email or by post.