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3926 Commercial Records Registered During Second Quarter of 2021


Muscat, 1 Nov (ONA) — The number of commercial records in all legal forms registered at the Commercial Registry Secretariat at the Ministry of Commerce, Industry and Investment Promotion during the second quarter of 2021 stood at (3926), a surge of 111% compared to (1860) records registered during the same period in 2020.

The Ministry indicated that the rise in commercial records registered according to legal forms in the second quarter of 2021 is due to several reasons, including the tendency to use self-e-services and using the advantages of the e-government services.

The Department of Information, Data and Statistics at the Ministry stated that the commercial records registered in the second quarter of 2021 stood at (1877) records as individual merchant, compared to (981) records in the second quarter of 2020, and (694) records for limited liability companies in the second quarter of 2021, compared to (362) records during the same period of 2020,

As many as (633) records were registered for one-person companies in the second quarter of 2021, compared to (242) records in the same period last year, and (379) records for home business companies compared to (99) records in the second quarter of 2020.

Also, (168) records for non-profit organization were registered during the second quarter of 2021, compared to (96) records in the same period of 2020.

As many as (68) records were registered as street vendor companies during the second quarter of 2021, compared to (23) records in the same period of 2020, and (68) records for joint liability companies were registered during the second quarter of 2021, compared to (44) records in the same period in 2020.

As many as (32) records of limited partnership companies were registered, compared to (12) records registered in the second quarter of 2020, and (3) branches of international companies were registered during the second quarter of 2021 compared to (one) during the same period 2020, and (3) records for government companies during the second quarter of 2021, and (one) for a commercial representation office.

 

—Ends/MS/KH



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