Regulatory Alerts2025-04-03
Added · Updated
S.R.O. 459 of 2025 – Amendments to the Companies Regulations 2024
The Securities & Exchange Commission of Pakistan amends the Companies Regulations, 2024, to update statutory forms and definitions for company registration and compliance. Key changes include substituting references to the Companies (General Provisions and Forms) Regulations, 2018, and introducing the Foreign Companies Regulations, 2018, into the regulatory framework. The amendments modify Form-A and Form-1 to require additional data such as annual turnover, employee numbers, and specific mobile contact details for directors, while updating identification requirements to include NICOP and passport numbers. Furthermore, the document revises various forms to standardize terminology, such as replacing 'Cell' with 'Mobile' and 'Registration Number' with 'Corporate Unique Identification Number', and introduces new fields for beneficial ownership and share class details.