1,932 NEW COMPANIES REGISTERED LAST MARCH

According to the Business Progress Report on the Commerce Sector for March 2018, issued by the Ministry of Economy and Commerce, a total of 1932 new companies were registered last March. While the number of new major business records reached 1525, the number of new sub-registries reached 407 records.

Limited liability companies accounted for 62% of the major business registers, while the category of single owner limited liability companies in second place with 26%, and the individual institution came in third place with 11%.

According to the report, the number of commercial licenses issued, modified or renewed during December was 7811, the number of licenses issued by the ministry reached 1498 licenses, while 869 licenses were amended, and 5444 licenses were renewed.

Source: Govrnment of Qatar