SECP Revises Fee Structure for Document Submission

The Securities and Exchange Commission of Pakistan (SECP) has announced an updated fee schedule for the submission of documents by various company categories, effective April 21, 2025.

The SECP has released a fee table, outlined in the Seventh Schedule (fees paid by companies) of the Companies Act, 2017, detailing payments to be made to the SECP Registrar and Commission.

Starting April 21, 2025, a significant distinction in fees will be applied based on whether documents are submitted manually or electronically. Manual submissions will incur fees that are double or higher than those for electronic submissions. The SECP has clarified that electronic submission fees will only apply to documents for which electronic filing or lodging options are available.

The SECP stated that documents without a designated electronic submission fee must be submitted in physical form.

The new fee structure, set to take effect on April 21, 2025, specifies a fee of Rs 6,050 for companies with share capital registering a company whose nominal share capital does not exceed Rs 100,000. This fee applies to manual document submissions. Electronic document submissions will be charged Rs 11,000.

The SECP has established a separate fee framework for companies limited by guarantee and lacking share capital, excluding those registered under a license granted under section 42.

For registering a new company, a fee of Rs 20,000 (electronic submission) will be levied for converting an existing company with share capital into a company limited by guarantee, mirroring the fee for new company registration. Manual submissions will incur a fee of Rs 33,000. The same fee applies to companies limited by guarantee and possessing share capital.

The SECP has also defined fees for companies registered under a license granted under section 42 and without share capital.

The fee for filing, registering, or recording any document related to a mortgage, charge, pledge, or other interest created by a company, including modifications or satisfaction thereof, is Rs 11,000 for electronic submission and Rs 15,000 for manual submission.

For filing, registering, or recording documents pertaining to a scheme of amalgamation and related documents under section 284, fees will be determined based on the transferee company’s classification in the Third Schedule:

  • Public Sector Company (wholly owned by the Federal Government): Rs 50,000 for electronic submission and Rs 100,000 for manual submission.
  • Other Public Sector Company: Rs 100,000 for electronic submission and Rs 200,000 for manual submission.
  • Medium Sized Company: Rs 250,000 for electronic submission and Rs 500,000 for manual submission.
  • Large Sized Company: Rs 350,000 for electronic submission and Rs 700,000 for manual submission.
  • Public Interest Company (excluding Public Sector Company): Rs 500,000 for electronic submission and Rs 1,000,000 for manual submission.

The SECP has also outlined a fee structure for companies established outside Pakistan with a place of business within Pakistan.

A fee of Rs 11,000 will be charged for electronic submission and Rs 22,000 for manual submission when filing, registering, or recording a document containing a charter/statute/memorandum and articles for registration by a foreign company.

The SECP has also specified a non-refundable processing fee for seeking approval, sanction, permission, exemption, direction, or confirmation from the Commission or the registrar.