DOHA: The Ministry of Economy and Commerce (MEC) registered 1,097 new companies last month, according to the monthly Business Progress Report of the Commerce Sector. The total number of companies closed in September was 203, representing 18.5 percent of the newly registered companies. The total number of new key commercial records reached 742 and new subsidiary commercial records were at 355.
The percentage of the limited liability companies reached 60%, while 24% of the companies were registered in the category of Single-Person Company and 15% in the category of individual corporations. Contracting companies topped the list of the most commonly used activities, with 259 commercial records issued in this field.
In construction materials trading, 112 commercial records were issued while for restaurants and groceries 124 commercial records were issued.
