SECP Urges Builders and Developers to Register as Formal Companies

For context, the Securities and Exchange Commission of Pakistan briefed members of the Association of Builders and Developers on firm registration and corporate reforms, encouraging them to consider converting their businesses into formally registered businesses.

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• SECP Commissioner Muzaffar Ahmed Mirza briefed ABAD office bearers on corporate reforms and highlighted the potential benefits of firm registration, including improved access to financing.
• ABAD members will additionally consider registering their businesses as businesses and exploring the registration of Real Estate Investment Trusts.
• The SECP remarked business registration could support businesses obtain financing and strengthen their corporate structure.

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During the session, the SECP additionally provided a practical demonstration of its eZfile portal for firm registration, explaining how businesses can apply the digital platform to complete the registration process.

Meanwhile, the SECP remarked business registration could support businesses obtain financing and strengthen their corporate structure. ABAD will additionally submit proposals related to the real estate sector to the SECP for consideration. Stay Connected with ProPakistani.

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For now, SECP Urges Builders and Developers to Register as Formal Companies remains the part of the story worth watching, and further updates are likely as more details are confirmed.