2295 NEW COMPANIES REGISTERED LAST APRIL

The Ministry of Economy and Commerce (MEC) issued the business process report for April 2018, pointing out that 2,295 new companies were registered. According to the report, the number of new major business records reached 1,703, while the number of new sub-registries reached 592 records.

Limited liability companies accounted for 63% of the major business registers, while the category of single owner limited liability companies in second place with 27%, and the individual institution came in third place with 9%.

According to the report, the number of commercial licenses issued, modified or renewed during April was 7,985 the number of licenses issued by the ministry reached 1,623 licenses, while 1,065 licenses were amended, and 5,297 licenses were renewed.

Source: Government of Qatar