Nominee shall not be a person other than relatives of the member- namely, a spouse, father, mother, brother, sister and son or daughter.

If a document is filed late i.e. beyond the prescribed time, the additional filing fee is calculated in terms of section 468 of the Companies Act, 2017 as follows: (a) If a document is filed within ninety days, a fee equivalent to two times of the prescribed filing fee payable in respect of document; (b) within one hundred and eighty days, a fee equivalent to three times of the prescribed filing fee payable in respect of document; (c) within one year, a fee equivalent to four times of the prescribed filing fee payable in respect of document; (d) within two years, a fee equivalent to five times of the prescribed filing fee payable in respect of document; Further, if a document is filed after the expiry of more than two years, in terms of regulation 14 of Companies (Registration Offices) Regulations, 2018, a fee equivalent to five times of the prescribed filing fee payable is applicable.

ADC payment can be made through 1link member banks which are integrated with SECP eservices. However, payment can also be made through easy paisa account.

Model memorandum and articles of association can be downloaded from SECP website at below link:
https://www.secp.gov.pk/company-formation/memorandum-and-articles-of-association/memorandum-of-association/

Promoters guide in different languages (English, Urdu, chines, Turkish and Spanish), step wise procedure for company incorporation and incorporation video are available on SECP website at https://eservices.secp.gov.pk/eServices/

Sign form link will be active after providing all necessary information required for company incorporation including information for third parties.

Challan form is automatically generated and filled out by the System after you enter the required information in the application/form. You have to save and print this challan after submitting the process to SECP. Don’t take print out of challan before submitting process.

CFor Individual (National): Mobile number registered in the name of applicant’s CNIC and email address. For Individual (NICOP holder living overseas): Attested copy of NICOP and photograph (Duly certified by Public Officer/ Notary Public / Diplomatic Consular/Consulate Officer). For Individual (Foreign National): Attested copy of valid passport and photograph. (Duly certified by Public Officer/ Notary Public / Diplomatic Consular/Consulate Officer).

Please visit eservices page at https://eservices.secp.gov.pk/eServices/ and click signup for national or signup for NICOP holders or signup for foreigner (whatever applicable). User registration link is available on right hand side of the page. Onetime fee is Rs.200/- which shall be charged.

You may trace out status of your complaint/query from “Check query/complaint Status” tab available in Service Desk Management System (https://sdms.secp.gov.pk/).

This is not an error. It is a precaution. Challan form is automatically generated and filled out by the System after you enter the required information in the application/form. You have to save and print this challan after submitting the process to SECP. Don’t take print out of challan before submitting process.

You may change your profile information except CNIC from by clicking update profile after login to your eservices account. The option to update profile option is available on left hand side or your profile.

You may change your profile information indulging password by clicking update profile after login to your eservices account. The option to update profile option is available on left hand side or your profile.

You may retrieve your password, clicking "Forgot Login Information" tab available on right side of eservices page below login information, by providing your registered email address.

You may retrieve your password, clicking "Forgot Login Information" tab available on right side of eservices page below login information, by providing your registered email address.

For deletion of user ID, affidavit on stamp paper along with copy of CNIC of person is required. The documents can be sent at business.centre@secp.gov.pk or can also be filed physically at Business Centre, M-Floor, NIC Building, Jinnah Avenue, Islamabad

In addition to email, letter is also generated and sent to applicant through eservices portal. Applicant may login to eservices account and download the letter.

You may select head as” Receipt under Companies Act 2017” and subhead “application Fee”

You may file Form 15 (Further details may be asked from CRO)

The callers are guided to file form 39

The callers are being guided regarding the procedure of filling of form 45 (as per training received from CCD)

The callers are advised to follow General Forms and Provisions Regulations after we give them a brief guidance regarding procedures.

The manner and mode of submission is provided under the Reporting and Disclosure (of Shareholding by Directors, executive officers and substantial shareholders in Listed companies) Regulations 2015, wherein, it is mandatory that directors, executive officer and substantial shareholder of equity securities in a listed company shall, in accordance with section 103 and 104 of the Securities Act, 2015 submit statement of beneficial ownership in Form 5 and report any subsequent change therein or position to the Commission in Form 6. Any gain made within a period of less than six months shall be reported to the Commission in Form 7, within seven day of accrual.

The callers are advised to lodge a query on SDMS to get the desired response.

The callers are guided to check website of SECP.
https://www.secp.gov.pk/data-and-statistics/insurance-companies/

For authorization, you are required to first login in eservices, upload board resolution as per direction 4 of 2017, then authorize the person using "Manage company user" option available in your E-service account. Once the approval is granted, you may sign the forms using authorize person pin.

For registration of a company every director and subscriber are required to sign the process digitally. You are required to first login in eservices (first account) then add the second person using "Manage company user" option available in your E-service account. Before that, make an account on eservices for all directors including chief executive.

Challan number is asked from callers and we check its verification, if there occurs any delay, case is referred to CRO through SDMS

Applicant is required to generate PSID after submitting the process to SECP. Click ADC payment option, generate PSID. Make payment visa 1link member banks, ATM or though easy paisa account.

A company which ceases to operate and has no known assets and liabilities, may apply to the registrar in the specified manner, seeking to strike its name off the register of companies on payment of such fee mentioned in the Seventh Schedule. Easy Exit Regulations are available on below link:
https://www.secp.gov.pk/laws/notifications/

The fee for Company Incorporation is calculated on the basis of company’s Authorized Capital. Company incorporation fee calculator is available on SECP website at:
https://www.secp.gov.pk/company-formation/fee-calculator/company-incorporation-fee-calculator/

The three options provided in dropdown list i.e. i. Bank Challan: (for physical printout and to be deposited in the designated branches) ii. Credit Card: (For payment through credit card by selecting online payment option) iii. ADC E-Payment: (For payments through 1 Link member banks, ATM, Mobile banking)

Contact number of relevant officers is provided while generating resolution letter. However, the caller /applicant may be advised to use WhatsApp facility of SECP for quick resolution of queries.

We ask callers to provide challan number and check its verification--- if it’s not verified then we ask user to send payment proof via SDMS If verified--- then its forwarded to IT to check if any technical issue is there.

The callers are advised to check updated list on below link:
https://www.secp.gov.pk/data-and-statistics/nbfcs/

The callers are guided as per regulations.

In case of manual incorporation of companies, applicant has to contact FBR for registration of NTN. However, in case, the company is incorporated online and NTN is not generated. The issue is forwarded to IST&D for resolution. Upon receipt of feedback from IST&D, the same is communicated to the applicant.

All documents are available on SECP website. If someone is not able to trace from the website, these are forwarded to applicant through email.

Reserved name is deleted on receipt of following documents. • Name availability letter/email. • Request letter for deletion of reserved name

Mandate of the SECP is beneficial regulation of capital markets, superintendence and control of corporate entities, as well as supervision and regulation of insurance companies, non-banking finance companies etc. under the Companies Act, 2017 and allied rules and regulations made thereunder. SECP is responsible to regulate a company as an entity to ensure that a registered company operates as per the requirements prescribed under the Companies Act, 2017. The SECP does not regulate the business/operational matters of companies, except companies licensed by SECP (e.g. NBFCs, Insurance, brokers, etc.) to the extent provided under the relevant laws.

In view of the above, matters pertaining to non-payment of dues/internal HR related matters of a company do not fall under the regulatory purview of SECP.

Mandate of the SECP is the beneficial regulation of capital markets, superintendence and control of corporate entities, as well as supervision and regulation of insurance companies, non-banking finance companies etc. under the Companies Act, 2017 and allied rules and regulations made thereunder. SECP is only responsible to regulate a company as an entity to ensure that a registered company operates as per the requirements prescribed under the Companies Act, 2017. The SECP does not regulate the business/operational matters of companies, except companies licensed by SECP (e.g. NBFCs, Insurance, brokers, etc.) to the extent provided under the relevant laws.

Accordingly, SECP does not regulate the business of the companies/Real Estate Sector and the subject matter of specific performance of an agreement executed among the parties or any dispute between the developer/real-estate agent and a customer being contractual obligations between parties, also do not fall under the regulatory purview of the SECP.

It is apprised that unregistered entities do not fall under the regulatory purview of SECP. Registration/incorporation status of a company can be checked from the following link;
https://eservices.secp.gov.pk/eServices/NameSearch.jsp

In Pakistan, not-for-profit organizations are working under different laws including the Societies Registration Act, 1860, the Trusts Act, 1882 and section 42 of the Companies Act, 2017 (earlier the repealed Companies Ordinance, 1984) etc.

SECP does not regulate NPOs except those licensed under the Companies Act, 2017. Registration/incorporation status of an NPO licensed under the Companies Act, 2017 can be checked from the following link;
https://eservices.secp.gov.pk/eServices/NameSearch.jsp