As per Lawkidunya, Here is an overview of the approval process for SECP company registration in Pakistan:
Step 1: Submission of Application
1. Online Application: The applicant submits the company registration application through the SECP’s online portal.
2. Required Documents: The applicant uploads the required documents, including the Memorandum of Association (MOA), Articles of Association (AOA), and Form 1.

Step 2: Review by SECP
1. Verification of Documents: The SECP verifies the documents submitted by the applicant to ensure they are complete and accurate.
2. Name Availability: The SECP checks the availability of the desired company name.
3. Compliance with Companies Act: The SECP ensures that the application complies with the Companies Act, 2017.

Step 3: Approval by SECP Officer
1. Review of Application: An SECP officer reviews the application to ensure it meets the requirements.
2. Approval or Rejection: The SECP officer either approves or rejects the application.

Step 4: Issuance of Certificate of Incorporation
1. Certificate of Incorporation: If the application is approved, the SECP issues a Certificate of Incorporation.
2. Company Registration Number: The Certificate of Incorporation includes the company registration number.

Step 5: Post-Approval Requirements
1. Obtain National Tax Number (NTN): The company must obtain an NTN from the Federal Board of Revenue (FBR).
2. Register for Sales Tax: The company must register for sales tax with the FBR.
3. Open a Bank Account: The company must open a bank account in its name.
The approval process for SECP company registration in Pakistan typically takes 7-14 working days. However, this timeframe may vary depending on the complexity of the application and the workload of the SECP.