Integrated Business Registration of SECP and STZA
Reform ID F127
Reform Description Before: Business incorporation and subsequent operationalization involved separate registrations with regulators of Information Technology and SECP.

After: Now the business registrations of Information Technology sector have been integrated at the Securities and Exchange Commission of Pakistan’s eSerives portal (https://eservices.secp.gov.pk/). The businesses now can avail  simultaneous registration STZA at the SECP’s eServices portal.
Sector IT & ITeS sector
BeneficiariesAutomotive Owners  IT & ITeS sector Businesses
Jurisdiction/ Location Federal (Entire Pakistan)
Department Securities and Exchange Commission of Pakistan (SECP), Special Technology Zones Authority (STZA)
Date of Implementation 05-12-2022
Details Difficulty Business incorporation and subsequent operationalization involved separate registrations with regulators of Information Technology sector such as registration with PSEB, STZA, and also with SECP. The registrations with these department involved multiple fee payments and repetition of information.
Analysis It was felt that the business integration at the SECP’s eServices portal can help in streamlining the business registration with key regulators of  Information Technology sector.
Solution Now at the stage of incorporation and subsequent registration with SECP, the business can avail simultaneous registration with STZA and pay the registration fee online.
Evidence
 Evidence

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