AIRLINK 184.69 Increased By ▲ 0.20 (0.11%)
BOP 12.78 Increased By ▲ 0.02 (0.16%)
CNERGY 7.81 Increased By ▲ 0.12 (1.56%)
FCCL 40.84 Decreased By ▼ -0.36 (-0.87%)
FFL 15.18 Increased By ▲ 0.06 (0.4%)
FLYNG 26.94 Increased By ▲ 0.36 (1.35%)
HUBC 131.07 Decreased By ▼ -0.76 (-0.58%)
HUMNL 13.82 Decreased By ▼ -0.27 (-1.92%)
KEL 4.51 Increased By ▲ 0.01 (0.22%)
KOSM 6.14 Decreased By ▼ -0.25 (-3.91%)
MLCF 51.23 Decreased By ▼ -0.48 (-0.93%)
OGDC 212.11 Increased By ▲ 3.23 (1.55%)
PACE 6.29 Increased By ▲ 0.02 (0.32%)
PAEL 42.55 Increased By ▲ 0.47 (1.12%)
PIAHCLA 16.51 Decreased By ▼ -0.11 (-0.66%)
PIBTL 8.94 Decreased By ▼ -0.14 (-1.54%)
POWER 11.10 Decreased By ▼ -0.17 (-1.51%)
PPL 175.00 Increased By ▲ 2.14 (1.24%)
PRL 34.73 Decreased By ▼ -0.34 (-0.97%)
PTC 23.94 Decreased By ▼ -0.50 (-2.05%)
SEARL 94.42 Decreased By ▼ -0.86 (-0.9%)
SILK 1.14 Increased By ▲ 0.01 (0.88%)
SSGC 33.11 Decreased By ▼ -1.07 (-3.13%)
SYM 17.11 Decreased By ▼ -0.61 (-3.44%)
TELE 8.25 Decreased By ▼ -0.02 (-0.24%)
TPLP 11.45 Decreased By ▼ -0.22 (-1.89%)
TRG 60.25 Decreased By ▼ -0.23 (-0.38%)
WAVESAPP 11.39 Decreased By ▼ -0.14 (-1.21%)
WTL 1.45 Decreased By ▼ -0.01 (-0.68%)
YOUW 3.93 Decreased By ▼ -0.08 (-2%)
AIRLINK 184.69 Increased By ▲ 0.20 (0.11%)
BOP 12.78 Increased By ▲ 0.02 (0.16%)
CNERGY 7.81 Increased By ▲ 0.12 (1.56%)
FCCL 40.84 Decreased By ▼ -0.36 (-0.87%)
FFL 15.18 Increased By ▲ 0.06 (0.4%)
FLYNG 26.94 Increased By ▲ 0.36 (1.35%)
HUBC 131.07 Decreased By ▼ -0.76 (-0.58%)
HUMNL 13.82 Decreased By ▼ -0.27 (-1.92%)
KEL 4.51 Increased By ▲ 0.01 (0.22%)
KOSM 6.14 Decreased By ▼ -0.25 (-3.91%)
MLCF 51.23 Decreased By ▼ -0.48 (-0.93%)
OGDC 212.11 Increased By ▲ 3.23 (1.55%)
PACE 6.29 Increased By ▲ 0.02 (0.32%)
PAEL 42.55 Increased By ▲ 0.47 (1.12%)
PIAHCLA 16.51 Decreased By ▼ -0.11 (-0.66%)
PIBTL 8.94 Decreased By ▼ -0.14 (-1.54%)
POWER 11.10 Decreased By ▼ -0.17 (-1.51%)
PPL 175.00 Increased By ▲ 2.14 (1.24%)
PRL 34.73 Decreased By ▼ -0.34 (-0.97%)
PTC 23.94 Decreased By ▼ -0.50 (-2.05%)
SEARL 94.42 Decreased By ▼ -0.86 (-0.9%)
SILK 1.14 Increased By ▲ 0.01 (0.88%)
SSGC 33.11 Decreased By ▼ -1.07 (-3.13%)
SYM 17.11 Decreased By ▼ -0.61 (-3.44%)
TELE 8.25 Decreased By ▼ -0.02 (-0.24%)
TPLP 11.45 Decreased By ▼ -0.22 (-1.89%)
TRG 60.25 Decreased By ▼ -0.23 (-0.38%)
WAVESAPP 11.39 Decreased By ▼ -0.14 (-1.21%)
WTL 1.45 Decreased By ▼ -0.01 (-0.68%)
YOUW 3.93 Decreased By ▼ -0.08 (-2%)
BR100 11,930 Increased By 4.9 (0.04%)
BR30 35,810 Increased By 73.5 (0.21%)
KSE100 113,784 Decreased By -78 (-0.07%)
KSE30 35,387 Decreased By -13.7 (-0.04%)
Business & Finance

SECP introduces combined digital registration with provincial depts

  • As per SECP, this initiative is expected to significantly reduce the overall starting a business time in Pakistan and would have a positive impact on the countries ranking on the Doing Business Index.
Published April 29, 2021

The Securities and Exchange Commission of Pakistan (SECP) has introduced a single combined digital certificate evidencing registration with SECP and some provincial departments simultaneously.

The SECP on Thursday said that that it continues to strive for reducing physical interaction with the citizens and is focused on providing services through the use of modern technology at the doorstep of the end-users.

As per SECP, this initiative is expected to significantly reduce the overall starting a business time in Pakistan and would have a positive impact on the countries ranking on the Doing Business Index. It informed that there are less than 10 jurisdictions globally where federal and provincial registrations are integrated online on a real-time basis and Pakistan has also now join this league.

The single combined certificate will be issued through SECP e-Services in real-time upon the incorporation of a company through a single window and will simultaneously register the company with provisional departments, including Punjab Employees Social Security Institution (PESSI), Sindh Employee Social Security Institution (SESSI), Labour and Human Resource Departments and Excise & Taxation Department of Punjab and Sindh.

The digital combined certificate features a QR code and hyperlink for instant verification of the registration status of the company.

It is pertinent to mention that the SECP has in the past also integrated its systems with FBR and BOI.

Comments

Comments are closed.