Service overview
Leasing requires regulated NBFC authority for asset-based financing activities.
A company certificate does not itself authorise a regulated business. Depending on the activity, SECP may require prior formation permission, incorporation, a separate operational licence, and continuing financial and fit-and-proper compliance.
Who is eligible for Leasing Services Licence?
An applicant must satisfy the prescribed organisational, management, capital and risk requirements for leasing operations.
Leasing applicants need appropriate paid-up capital and fit-and-proper directors, with credible asset acquisition, insurance, title and residual-value risk management. General equipment rental is not automatically the same as licensed financial leasing.
Documents and information for Leasing Services Licence
Prepare the following information for leasing services licence. The relevant regulator may require further forms or certified evidence, depending on the applicant and chosen procedure.
- Leasing contracts and products
- Sponsor credentials
- Financial resources
- Asset and residual-value controls
- Management and compliance documents.
How can I obtain Leasing Services Licence in Pakistan?
- 01Set out the intended leasing product
Determine financial leasing, operating leases, equipment/asset ownership, funding and treatment under NBFC rules.
- 02Complete the SECP formation permission
Submit the leasing NBFC NOC checklist with sponsors, management and financial support documents.
- 03Incorporate and obtain leasing authorisation
Form the NBFC after approval, then lodge the separately prescribed leasing services licence application.
- 04Put asset and client controls in place
Implement leasing contract, asset ownership, credit-risk and prudential reporting systems.
Regulator resource: SECP leasing NBFC formation and licensing
After registration or approval
Maintain asset title, credit exposure, prudential reports and regulated customer documentation.
Governing law & official references
Non-Banking Finance Companies (Establishment and Regulation) Rules, 2003; NBFC and Notified Entities Regulations, 2008; and the licensing conditions applicable to that activity.
The links below lead to government or official regulatory sources relevant to this service. Use the currently consolidated Act, regulations, statutory checklist and official portal when making an application.
How Chambers can assist
Chambers can review the legal route, identify regulatory constraints, prepare or review the supporting corporate and legal documents, manage the prescribed submission and correspond with the competent authority where instructed. The scope of the engagement will be determined by the applicant’s particular circumstances.
For an initial enquiry, identify the proposed activity, applicant entity and current stage, and provide the available documents indicated above. Please avoid sending confidential or identity-sensitive records through an unencrypted first contact.
Common questions about Leasing Services Licence
Who is eligible for Leasing Services Licence in Pakistan?
An applicant must satisfy the prescribed organisational, management, capital and risk requirements for leasing operations.
What documents are needed for Leasing Services Licence?
Leasing contracts and products; Sponsor credentials; Financial resources; Asset and residual-value controls. Additional requirements can apply to the actual business or regulator.
How can I obtain Leasing Services Licence in Pakistan?
Set out the intended leasing product: Determine financial leasing, operating leases, equipment/asset ownership, funding and treatment under NBFC rules. Complete the SECP formation permission: Submit the leasing NBFC NOC checklist with sponsors, management and financial support documents. Incorporate and obtain leasing authorisation: Form the NBFC after approval, then lodge the separately prescribed leasing services licence application. Put asset and client controls in place: Implement leasing contract, asset ownership, credit-risk and prudential reporting systems.
This guide is general information, not advice on your facts. Check the applicable law, notifications, updated regulator checklists and jurisdiction before acting. The authority alone determines eligibility, acceptance and approval; no outcome or processing period is guaranteed.