As many as 1,416 new companies were registered in Qatar in August, the Ministry of Economy and Commerce (MEC) said in a report Sunday.
The number of “new major business records” reached 972, while the number of new sub-registries reached 444, MEC said.
Limited liability companies accounted for 61% of the major business registers, while single-owner limited liability companies came second with 28%, and individual institutions third with 10%.
In August, construction companies topped the list of the highest number registered activities, with 227 registrations followed by 91 registrations in “service activities and transactions clearance”, building material trading companies (49) and public goods trading (31).
According to the report, the number of commercial licences issued, modified or renewed during August was 5,341 and the number of licences issued by the ministry totalled 823.
Some 448 licences were amended and 4070 licenses got renewed.
The number of companies closed during August stood at 182 and the proportion of closed companies to new companies was 8.21%.
The number of transactions carried out in various branches of the ministry during August totalled 25,471, MEC said.
In terms of intellectual property rights, the report said the number of new patent applications in August was 48 while 258 patent applications got renewed.
The number of certificates issued in copyrights and related rights was 17 and the number of judicial seizures of the intellectual property department was 13 during August, MEC said.
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