ISLAMABAD, 09 MAY (DNA) – The Securities and Exchange Commission of Pakistan (SECP) organized a seminar on Virtual One Stop Shop (VOSS), Companies Easy Exit Regulations and on mandatory online submission of returns through the e-Services portal at the Sialkot Chamber of Commerce and Industry.

The event was organized by the Company Registration Office, Lahore, under the annual work plan of the Corporatization and Compliance. A large number of industrialists and corporate consultants attended the event.

 The participants were briefed on the Companies Easy Exit Regulations, 2014, through which companies which do not have any assets or liabilities and are no more in operation can get struck off. The session was moderated by Mr. Asif Muzaffar Shaikh, joint registrar, and Mr. Ali Asghar, assistant registrar.

It was followed by a presentation by Mr. Muhammad Hasan Zaidi, deputy registrar, on VOSS, which is a web portal for incorporation of companies. The data of companies incorporated through VOSS shall directly be available to the Federal Board of Revenue and Employee Old Age Benefit Institution for registration.

 In future, more departments (excise, electricity, labor etc.) shall also be added to VOSS. The session concluded with a question-and- answer session whereby queries of the audience were addressed by the SECP officials. DNA

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