Commercial registrations cross over 1000 in first quarter of 2020: MOCI

  • Date: 26-Sep-2020
  • Source: Times of Oman
  • Sector:Economy
  • Country:Oman
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Commercial registrations cross over 1000 in first quarter of 2020: MOCI

Muscat: More than 1,000 commercial registrations have been done at the Ministry of Commerce, Industry and Investment Promotion during the second quarter of 2020. 

A statement issued online by Ministry of Commerce, Industry and Investment Promotion said, "The number of commercial registrations done in the Ministry of Commerce, Industry and Investment Promotion reached 1,860 during the second quarter of the year 2020."

"The statistics department of the ministry said that of these registrations, there were 972 for an individual business, 296 for limited liability companies, 216 for individually owned companies, 101 for investment companies, and 99 for household businesses, 96 for non-profit organization companies, 44 for joint liability companies, 23 for street vendors, 12 for limited companies, and one for a branch of an international company," the statement added.