SECP Company Registration Fee and Other Fees | A Comprehensive Guide

If you have decided to register or incorporate a company in Pakistan, you must pay the SECP company registration fee to the Securities and Exchange Commission of Pakistan (SECP). SECP performs various functions, therefore the Companies Act 2017 provides for the payment of fees related to different submissions to SECP. These may include filing of documents, name reservation, user registration, mortgage registration, amendment and satisfaction of charge fees, and filing various applications. The fees have been prescribed under the Seventh Schedule of the Companies Act which empowers the SECP to amend the schedule from time to time.

Filing fees are charged for submitting various documents and statutory forms to the SECP. These fees cover the administrative costs associated with processing and reviewing the documents. The amount of the filing fee depends on the nature of the document being filed, such as the annual financial statements, annual returns, resolutions, or changes in company particulars and other statutory forms. SECP officials will not accept a form, application, or other documents unless the prescribed filing fee

In certain circumstances, companies may choose to mortgage or create charges on their assets or obtain loans secured against specific assets. The SECP imposes fees for registration, modification, Rectification, or satisfaction of charges and mortgages related to these transactions. The fees related to mortgages or charges are charged regardless of the value of the assets.

However, for any rectification, first, you will have to file an application for rectification and then file the rectification document.

If you fail to file any form or return within the prescribed time, you must pay a late filing fee. The Commission or the registrar will only accept the late-filed document after payment of an additional fee as per the following table.

Apart from the aforementioned fees, the SECP may also impose application fees for specific approvals, permission, sanction, exemption, direction, or confirmation by the SECP or the concerned registrar. These fees are applicable for various applications made to the SECP or the registrar and may vary depending on the nature and complexity of the application being submitted. All the applications may not be relevant in the ordinary course of business, therefore only the most relevant applications are been mentioned in the table below.

SECP maintains the record of all the documents filed by the companies and you can obtain a certified to be true copy (CTC) of any such document. A certified copy of any document may be obtained by applying and on payment of the prescribed fee as per the table below

Navigating the process of establishing and managing a company in Pakistan requires a comprehensive understanding of the fees associated with SECP registration, filing, and copying. You must consider registration fee, filing fee, name reservation fee, user registration fee, mortgage registration, amendment and satisfaction of charge fee, application are essential aspects of compliance that entrepreneurs and businesses must consider. By familiarizing themselves with these fees and staying up to date with any revisions or changes made by the SECP, entrepreneurs can ensure a smooth and successful registration, management, and, compliance. It is advisable to consult the SECP office website or seek professional advice to obtain accurate and current information about the fees and associated requirements.