Eliminate application for reservation of name: Foreign Companies
Reform ID		F366
Description		Before: The process for reserving a company name with the SECP previously required a permission letter from the Board of Investment (BOI), which often caused delays due to the BOI’s independent and non-time-bound procedures. After: The requirement to obtain a permission letter from the Board of Investment (BOI) for name reservation of foreign companies is eliminated, streamlining the registration process and facilitating the timely establishment of foreign businesses in Pakistan.
Department		Securities and Exchange Commission of Pakistan (SECP)
Jurisdiction / Location		Federal - Entire Pakistan
Sector		All Sectors
Start Date		18-08-2025
Target Deadline
Date Enacted		25-03-2025
Implementation Status		Completed
Progress		100%
CCORR Direction		Eliminate
Cost Savings PKR (Mil.)		5.15
Evidence