Never miss a deadline — a month-by-month guide to mandatory SECP filings, AGMs, and statutory requirements for Pakistani companies.
Every company registered with the Securities and Exchange Commission of Pakistan (SECP) faces a series of mandatory annual compliance requirements. Missing these deadlines results in automatic penalties, potential strike-off from the register, and personal liability for directors. A proactive compliance calendar is essential for every company.
Annual General Meeting (AGM)
Every company must hold its AGM within 120 days of the close of its financial year. For companies with a June 30 year-end, this means the AGM must be held by October 28. The AGM must approve audited financial statements, appoint auditors, and address any special resolutions. Failure to hold an AGM or hold it late attracts penalties from PKR 25,000 to PKR 500,000.
Annual Return (Form A)
Within 30 days of the AGM, companies must file Form A (Annual Return) with SECP. This form contains details of directors, shareholders, share capital, and registered office. Private companies with capital up to PKR 1 million pay a filing fee of PKR 500, while larger companies pay proportionally more. Late filing incurs escalating penalties.
Financial Statements Filing
Audited financial statements must be filed with SECP within 30 days of the AGM along with the auditor's report and directors' report. These must comply with International Financial Reporting Standards (IFRS) or IFRS for SMEs as applicable. The registrar reviews these statements and may raise queries if discrepancies are found.
Beneficial Ownership Declaration
Since 2020, SECP requires companies to file a Beneficial Ownership Declaration identifying the ultimate natural persons who own or control the company. This filing is part of Pakistan's AML/CFT compliance framework and must be updated whenever changes occur. Non-compliance can result in significant penalties and restrictions on the company.
Other Key Filings & Deadlines
Changes in directors (Form 29 within 15 days), changes in registered office (Form 21 within 15 days), changes in share capital (within 15 days), and any special resolutions must be filed promptly. The SECP eServices portal tracks all filings and automatically calculates late-filing penalties.
WeFile Annual Compliance Package
Our corporate compliance team maintains a proactive calendar for each client company. We handle AGM preparation, Form A filing, financial statement submission, beneficial ownership declarations, and all event-driven filings. You never miss a deadline with WeFile managing your SECP compliance.