SECP Company Registration & Compliance

Securities and Exchange Commission of Pakistan (SECP) Services

Registering a company in Pakistan through the Securities and Exchange Commission of Pakistan (SECP) is a crucial step in giving your business the legitimacy, credibility, and legal framework it needs to operate successfully. At Arain Law Associates, we provide comprehensive services for company registration, regulatory compliance, and assistance with legal matters related to the SECP. Our team of experts guides you through every stage of the registration process, ensuring that your business complies with all regulations under the Companies Act, 2017.

Why Register with SECP?

Registering your business with the SECP brings a host of benefits, including legal recognition, enhanced credibility, and access to more opportunities. Whether you are starting a public limited company, a private limited company, or a limited liability partnership (LLP), SECP registration is essential for ensuring that your business operates within the legal framework and gains access to government-backed benefits.

Key Benefits of SECP Registration:
Legal Recognition: Registering with SECP provides your business with official legal status in Pakistan.
Business Credibility: SECP registration boosts your company’s credibility with clients, investors, and partners.
Regulatory Compliance: Ensure compliance with Pakistan’s business regulations under the Companies Act, 2017.
Market Access: SECP-registered companies can participate in government projects and gain greater access to domestic and international markets.

Our SECP Services

At Arain Law Associates, we assist businesses in navigating the complexities of SECP registration and regulatory compliance. From filing the necessary documents to ensuring full compliance with SECP rules and regulations, we offer a range of services to simplify the process and ensure a smooth registration experience.

Key Services Included
Company Registration: Assistance in registering public limited, private limited, single-member companies, and LLPs with SECP.
Regulatory Compliance: Ensure full compliance with SECP regulations, including meeting corporate governance standards and reporting requirements.
SECP Filings and Renewals: Manage ongoing SECP filings, annual returns, and regulatory renewals for your business.
Corporate Restructuring: Assist in mergers, acquisitions, and restructuring efforts, ensuring regulatory approval from SECP.
Legal Support for SECP Regulatory Actions: Represent businesses in disputes or regulatory actions initiated by SECP.

Step-by-Step Guide to SECP Company Registration

Registering a company with SECP provides legal protection and helps create a formal business structure. Here’s a step-by-step guide to the types of companies you can register in Pakistan under the Companies Act, 2017, and how we help you every step of the way:

Step 1: Understanding Company Types

Before registering your business, it is important to understand the different types of companies that can be registered under the Companies Act, 2017:

Public Limited Company: A company where shares are offered to the public, either listed or unlisted. Minimum capital requirements apply based on the type.
Private Limited Company: A business entity where ownership is restricted to shareholders. It requires two or more shareholders.
Single Member Company (SMC): A company formed by one person with limited liability and the option to nominate two substitute directors.
Limited Liability Partnership (LLP): A business structure offering limited liability to partners, bridging the gap between partnership firms and corporations.
What We Do:
Provide expert consultation to help you choose the most suitable company type based on your business model and goals.
Explain the advantages and legal obligations of each company type to ensure full compliance with the Companies Act, 2017.
Guide you through the registration process for each company type, ensuring that all requirements are met efficiently.
Key Considerations:
Choose the company structure that best aligns with your business goals and industry needs.
Understand the capital requirements and liability involved in each company type before registering.

Step 2: Document Preparation

Each type of company requires specific documents to be filed with the SECP. Our experts will assist you in preparing all necessary paperwork to ensure a seamless registration process.

What We Do:
Memorandum of Association (MOA): We help draft the MOA, detailing the business’s objectives, structure, and shareholders.
Articles of Association (AOA): Assistance in drafting the AOA, defining the company’s governance structure, roles, and responsibilities.
Compliance Documents: Prepare compliance forms, including Form 27, Form 28, and other SECP-mandated filings.
Key Documents Required:
Memorandum of Association (MOA)
Articles of Association (AOA)
Particulars of CEO, CFO, Directors, and shareholders
Proof of registered office
CNIC copies of all members
Power of Attorney (if applicable)

Step 3: Filing with SECP

Once the documents are ready, our team will file your registration application with SECP through their e-services portal or manual filing, depending on your preference. We manage the entire submission process, ensuring that all forms are correctly filled and submitted within the stipulated timeline.

What We Do:
Submit your company registration documents to SECP.
Handle both manual filings and online applications through SECP’s e-services portal.
Track the registration status and provide updates on the progress.
Estimated Time for Registration:
Company Registration: 7 to 14 days for most companies.
LLP Registration: May take up to 6 months due to additional compliance checks.

Step 4: Regulatory Compliance

Once your company is registered, ensuring compliance with SECP regulations is crucial. This includes meeting corporate governance standards, filing annual returns, and complying with regulatory changes. We provide ongoing support to ensure your business remains compliant with SECP’s requirements.

What We Do:
Assist with ongoing compliance and corporate governance filings.
Ensure timely submission of annual returns, financial statements, and other required documents.
Manage any changes in the company’s structure, including updating SECP records for changes in shareholders or directors.
Key Compliance Requirements:
Annual returns and financial statements must be filed on time to avoid penalties.
Maintain up-to-date records of company directors, shareholders, and office locations.

Step 5: SECP Regulatory Actions and Legal Support

In the event of regulatory actions or disputes with SECP, our legal experts provide full support to protect your business’s interests. Whether it’s responding to compliance audits or defending your company in a regulatory dispute, we offer expert legal representation.

What We Do:
Represent your company in front of SECP for any regulatory actions or disputes.
Assist in responding to compliance audits or notices from SECP.
Provide expert legal advice on resolving disputes and maintaining full compliance with SECP regulations.
Key Legal Considerations:
Non-compliance with SECP regulations can lead to fines, penalties, or legal actions.
Legal representation ensures your business is protected in the event of regulatory scrutiny or disputes.

Why Choose Arain Law Associates for SECP Services?

Comprehensive SECP Expertise: Our deep understanding of SECP regulations ensures that your company registration and compliance needs are fully met.
Efficient Registration Process: We simplify the SECP registration process, ensuring that your company is registered efficiently and with minimal delays.
Full-Service Support: From initial registration to ongoing compliance and legal support, we provide end-to-end services for SECP-related matters.
Tailored Solutions: We offer personalized services that cater to the unique requirements of your business, ensuring that you meet all SECP compliance standards.

Get Your Business Registered with SECP

Registering your company with SECP provides the legal foundation you need to operate successfully in Pakistan. At Arain Law Associates, we simplify the process by offering comprehensive registration and compliance services, ensuring that your business is fully compliant with SECP regulations. Whether you’re setting up a public limited company, private limited company, single-member company, or LLP, our team is here to help guide you through the process.

Read More

Contact us today to register your company with SECP and ensure your business meets all regulatory standards.