Number of Registered Companies Jump to New High

Among the registered companies at the end of calendar year 2004, there were 2,816 public companies, 40,930 private companies, 190 single member companies, 283 associations not for profit, 54 companies limited by guarantee, 167 trade organizations, 583 foreign companies and five companies with unlimited liabilities. There were new registrations of 233 companies with the SECP during December 2004, showing an increase of 41% as compared to December 2003. The highest number of companies were registered at the Company Registrar Office, Karachi, followed by Lahore and Islamabad.