How to search SECP company name online
Whenever an individual wants to start a business, the very first thing that involves his/her mind is what is going to his/her business or company called, or what is going to be the name of the corporation. this is often a vital step regarding the success of a business corporation. And it’s always compulsory to supply a politician’s name to your company.
As well as you’ll need a legitimate name to register your business/company with SECP.
About SECP
Now allow us to briefly mention SECP first; SECP is the financial regulatory agency of Pakistan, formulated by the federal under the provisions of the Securities & Exchange Commission of Pakistan Act 1997 and was made functional by replacing the Corporate Law Authority in 1999. SECP is understood as the official regulator of the financial sector of Pakistan except for the banking sector, which is regulated by SBP.
SECP has to form sure the precision of companies/businesses or corporations under the law of Pakistan. The SECP is a scholastic corpse alongside mutual responsibility.
So, if anyone wants to start out a business or wants to open a corporation (whether individually, in a partnership, or privately limited company), need to “> they need to register the business/company with SECP to form it official, which means to offer their business a politician identity by registering it with SECP as we register ourselves with Nadra to offer us official identity as a resident of Pakistan.
Selecting the company’s name:
There is an entire long process of registering your company/business with SPEC, and therefore the very first and foremost step is the company’s name reservation with SECP. And for the name reservation, you want to seek the availability of a name from the SECP.
Since SECP is extremely strict regarding name selection so you want to be very careful. you’ll be also performing an SECP name search regarding that.SECP has some rules and regulations regarding name selection, As informed by the SECP, a corporation won’t have a correct name if the proposed name is:
- Identical with or resemble or just like the name of a corporation,
- Improper.
- Unwanted.
- Misleading.
- Designed to take advantage of or offend the religious sensitivities of the people
- Does not contain any prohibited words (list provided by SECP).
Further, in conditions under section 10 of the Act, a corporation can’t be registered by a reputation that has any word indicating or suggesting:
- Corporate sponsorship of any past or present Pakistani or foreign head of state,
- Any link with the Federal Govt or a Provincial Govt or any dept or authority of Govt.
- Any link with such corporation that is established under any Federal or Provincial law.
- The support of, or any relationship with, any foreign Govt or any world organization.
- Setting up a modaraba management company floating a modaraba; or
- Any other business that needs a license from the Commission.
Some other details regarding name selection for registering the business under SECP;
- The name should be unique.
- It should be easy to recollect.
- The name should relate to your business.
- Must check the supply of the name’s web domain.
- Must check trademark registration for your name, to avoid any litigated problem in the future.
- Avoid using prohibited keywords (provided by SECP) in your name, or otherwise, SECP won’t accept your application for registration.
Business types under SECP:
Now the name selection majorly depends upon the sort of business you would like to register with SECP. Mainly, there are three sorts of business firms that come under the SECP registration zone.
1) Individual business
It is the sort of business that’s handled and travel by one person. It might be anything sort of a grocery shop, a barbershop, etc.
2) Partnership business
It is the sort of business that’s travelled by several individuals. All the partners of the corporation will have an honest amount of share in it.
3) Private limited business/single-member company
This type of business has different shareholders. this sort of company/organization is specifically set to run a business. during this quiet business, each of the investors features a restricted indebtedness that relies on the number of shares they hold. they will just raise their liability by staying with more shares of the corporation and there’ll be no getting to buy any troubles outside the price of offers any part has.
Searching name availability of the company:
A user will first visit the SECP E-services site for company registration and can connect thereafter performing the SECP login and remainder of the method. The company incorporation/registration is going to be available for them after the due challan and therefore the name reservation with SECP.
And for the corporate name reservation, you’ve got to see the name availability of the corporate with SECP. It means to SECP company search, checking whether your selected name (that follows all the previously mentioned rules) is already present i.e., the probabilities are that your selected name is already officially registered. So, before you finalize it, it’s best to see if the corporate name is out there to register with SECP or not.
1. For individual/partnership business
For individual and partnership sorts of businesses, it’s not essential to perform an SECP name search. In these types, many businesses can occupy one name, it doesn’t create any problems. meaning that you simply will still be ready to register an equivalent name if your name corresponds to the already existing enterprise.
But on the safe side, it’s better to try to do an SECP company search, and if you discover any similarity just make a touch change in it to avoid any problems in the future and make it easy for your customer to look for your business.
2. For personal limited business /single-member company
This type of company must provide a singular name that doesn’t exist already or is occupied by somebody else. The private limited companies must register themselves within the SECP to gain legal identity within the country, and for that searching, for available SECP names may be a very essential step.
You can never register your company with the name that’s already registered with SECP.
SECP name search procedure
Before you apply for a reputation booking on the SECP, whether on the website or via physical application, the primary thing you would like to verify is the proposed name from the SECP name search page, by visiting the SECP official website or just clicking the given below link: (https://eservices.secp.gov.pk/eServices/NameSearch.jsp)
You will find the choice of “search company name”, here you’ll check whether your selected name is out there or has been previously held by somebody else. You can look for the SECP company with different criteria like “exact name, “beginning with”, “containing words” or “including exact string” options.
Now If you enter your selected name within the search bar, and therefore the result seems like “no result found” then this is often excellent news for you. you’ll easily continue the further procedure of registration with no hesitation, and you’ll not face any problems in the future.
But if the name you entered already exists, i.e. taken by somebody else, or any similar name present, and therefore the result will show you those company’s name lists. And this suggests that you simply cannot register your company with the chosen name, you’ve got to vary the name for company registration.
If you’ve got been taking all the steps outlined above and have discovered a beautiful, like your business and web domain-friendly name, you’re prepared to travel for its reservation. Just visit the SEPC E-services portal and log certain further registration procedures.
Conclusion:
So, the focus is selecting an appropriate plus unique name for the business you only started and now want to legally register with SECP. Registering your business is extremely important for its success, as more customers will be attracted toward you if your company is legally registered with SECP.
Because SECP has extremely stringent rules when it involves the name of the registering company, so one has to be very cautious while performing an SECP name look for your company/business firm.
Since all the private corporate sector registers themselves on SECP so there’s high and hard competition, and following this method i.e., searching the available and existing company names, will assist you tons within the further registration process and the success of your business, because the customer attends to love new and unique things.
So, whether you run a business individually or in partnership, otherwise you have a personal Ltd., choosing a singular and right name (according to the govt. rules) would be beneficial for you.
As well as you would like to follow these processes whenever you change your name. Make the proper decision at the very initiative This minor effort at the start will save some time beforehand the events of registration of your company.
ایس ای سی پی کمپنی کا نام آن لائن کیسے تلاش کیا جائے۔
جب بھی کوئی شخص کاروبار شروع کرنا چاہتا ہے ، سب سے پہلے جو چیز اس کے ذہن میں آتی ہے وہ یہ ہے کہ اس کا کاروبار یا کمپنی کا مقصد کیا ہے، یا کمپنی کا نام کیا ہوگا۔ کاروباری کارپوریشن کی کامیابی کے حوالے سے یہ بہت اہم قدم ہے۔ اور اپنی کمپنی کو باضابطہ نام فراہم کرنا ہمیشہ لازمی رہا ہے۔ایس ای سی پی میں اپنے کاروبار/کمپنی کو رجسٹر کرنے کے لیے آپ کو ایک درست نام کی ضرورت ہوگی۔
ایس ای سی پی کے بارے میں
اب ہم مختصر طور پر سب سے پہلے ایس ای سی پی کے بارے میں بات کرتے ہیں۔ ایس ای سی پی پاکستان کی مالیاتی ریگولیٹری اتھارٹی ہے ، جسے وفاقی حکومت نے سیکیورٹیز اینڈ ایکسچینج کمیشن آف پاکستان ایکٹ 1997 کی دفعات کے تحت تشکیل دیا تھا اور اسے 1999 میں کارپوریٹ لاء اتھارٹی کی جگہ لے کر فعال بنایا گیا تھا۔ ایس ای سی پی کو پاکستان کے مالیاتی شعبے کا آفیشل ریگولیٹر کہا جاتا ہے۔ سوائے بینکنگ سیکٹر کے ، جو کہ اسٹیٹ بینک کے زیر انتظام ہے۔
ایس ای سی پی کا فرض ہے کہ وہ پاکستان کے قانون کے تحت کمپنیوں/کاروباری اداروں یا کارپوریشنوں کی درستگی کو یقینی بنائے۔ دراصل ، ایس ای سی پی باہمی ذمہ داری کے ساتھ ایک تعلیمی گائیڈ ہے۔لہذا ، اگر کوئی کاروبار شروع کرنا چاہتا ہے یا کوئی کمپنی کھولنا چاہتا ہے (چاہے انفرادی طور پر ، شراکت داری پر ، یا پرائیویٹ لمیٹڈ کمپنی) ، انہیں لازمی طور پر کاروبار/کمپنی کو ایس ای سی پی کے ساتھ رجسٹرڈ کرنا ہوگا تاکہ اسے آفیشل بنایا جا سکے سرکاری شناخت ایس ای سی پی کے ساتھ رجسٹر کروا کر جب ہم خود کو نادرا کے ساتھ رجسٹر کرتے ہیں تاکہ ہمیں پاکستان کا باشندہ کے طور پر سرکاری شناخت دی جا سکے۔