The Securities and Exchange Commission of Pakistan (SECP), alongside the Rawalpindi Chamber of Commerce & Industry (RCCI), ran an awareness session encouraging entrepreneurs to formalise their businesses through registration as a company or a Limited Liability Partnership (LLP), and floated a proposal to formalise joint outreach through a Memorandum of Understanding. The session provided RCCI members, start-ups and women-led businesses with step-by-step incorporation guidance and positioned the choice of legal structure as central to governance transparency, market access and credibility for scaling and investment. SECP and RCCI also agreed to work together to counter Ponzi schemes and illegal deposit-taking, urging RCCI members to report suspicious activity and act as whistle-blowers; the proposed MoU would focus on corporate literacy, business awareness and building a more resilient business culture. A follow-up session for women entrepreneurs is planned at SECP headquarters, while RCCI requested tailored presentations on incorporation requirements for small-sized companies and on converting sole proprietorships into registered entities.
Securites & Exchange Commission of Pakistan 2025-04-22
Securities and Exchange Commission of Pakistan proposes MoU with Rawalpindi Chamber to expand incorporation outreach and curb illegal schemes
The Securities and Exchange Commission of Pakistan (SECP) and the Rawalpindi Chamber of Commerce & Industry (RCCI) held an awareness session to promote business formalization through company or Limited Liability Partnership registration. They proposed a Memorandum of Understanding to enhance corporate literacy and combat Ponzi schemes, urging RCCI members to report suspicious activities. A follow-up session for women entrepreneurs is planned, with RCCI seeking tailored presentations on incorporation for small businesses.