KARACHI: The Securities and Exchange Commission of Pakistan (SECP) and The Indus Entrepreneurs (TiE) Islamabad organised a two-day awareness session on ease of company incorporation for entrepreneurs at the Innovation Hub Pakistan (IHP), Jamshoro, Sindh, a statement said on Thursday.
The SECP also installed a stall for on the spot swift incorporation of companies. This activity was conducted under the banner of “Jamapunji investor education programme” that is spreading its outreach to far-flung areas, it added.
The IHP runs incubation programmes, trainings, competitions and SME development programmes in far-flung areas of the country.
The SECP officials briefed the participants on the benefits of company incorporation and explained the process of online registration.
The commission team registered six single-member companies (SMCs) within a few hours and dispelled the notion that the company incorporation is a cumbersome process, the statement said.
The newly-incorporated SMCs work in e-commerce, digital video production and personal care services. Such sessions help increase company incorporation and significantly improve the documented economy.
The next such session will be held in Layyah, southern Punjab, it added.