Integrated Business Registration of Solar Energy Sector
Reform ID F129
Reform Description Before: Business incorporation and subsequent operationalization involved separate registrations with Solar  Energy sector such as registration with PEC and SECP.

After: Now the business registrations Solar Energy sector have been integrated at the Securities and Exchange Commission of Pakistan’s eSerives portal (https://eservices.secp.gov.pk/). The businesses operating in both of Solar Energy sector can avail  simultaneous registration with PEC at the SECP’s eServices portal.

Sector Solar Energy
BeneficiariesAutomotive Owners  Solar Energy Sector Businesses
Jurisdiction/ Location Federal (Entire Pakistan)
Department Securities and Exchange Commission of Pakistan (SECP), Pakistan Engineering Council (PEC)
Date of Implementation 05-12-2022
Details Difficulty Business incorporation and subsequent operationalization involved separate registrations with regulators of  Solar Energy sector such as registration with PEC 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 Solar Energy sector.
Solution Now at the stage of incorporation and subsequent registration with SECP, the business can avail simultaneous registration with PEC and pay the registration fee online.
Evidence
Evidence

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