SECP rationalises fee structure

KARACHI: The Securities and Exchange Commission of Pakistan (SECP) has rationalised the fee structure payable to the registrar and the commission under the Sixth Schedule of the Companies Ordinance, 1984, a statement said on Wednesday.

Through this notification, the SECP has reduced the registration fee for physical submission of documents for incorporating a company, with nominal capital up to Rs10 million. The reduction in fee for incorporation of the companies with less capital would encourage the small and medium enterprises to enter the documented corporate sector, it said.


Previously, event-based fee structure for filing of different returns was implemented.

However, it was observed that practical difficulties were faced as it was complicated and complex, specifically in the e-filing situations.

Now, for simplification in fee structure, a uniform rate for filing of all returns has been applied except relating to registration and modification of mortgages or charges, the notification said.

This rationalisation in fee structure is expected to strengthen the process of corporatisation and documentation of the economy.