MEC: 2,162 new companies were registered in July

The Ministry of Economy and Commerce (MEC) issued the business process report for July 2018, pointing that 2,162 new companies were registered.

According to the report, the number of new major business records reached 1622, while the number of new sub-registries reached 540 records.

Limited liability companies accounted for 61 percent of the major business registers, while the category of single owner limited liability companies in second place with 27 percent, and the individual institution came in third place with 11 percent.

In July, construction companies topped the list of the most registered activities, with 4238 registrations followed by 1397 registrations for service activities and transactions clearance, then building material trading companies with 1388 registrations, followed by the public goods trading with 1047 registration, and 930 registrations for restaurants, cafeterias, and ice cream shops.

Source: Government of Qatar