(MENAFN- Qatar News Agency) The Commercial Registration and Licensing Department at Qatar's Ministry of Economy and Trade registered 1,227 new businesses and cancelled 225 in January 2016.
The latest data released Sunday by the ministry includes the registration of 878 main businesses or 72% of the total new commercial registrations, and 349 sub businesses or 28% of the total new commercial registrations in January.
The data also show the department cancelled that 225 businesses, including 55 main businesses and 170 sub businesses in January.
Limited Liability Companies (LLC) topped the list with 448 main businesses and 111 sub businesses according to the nature of the business, representing 55% of the total main businesses and 32% of the sub businesses respectively for the month of January 2016.
In the same month, the department registered 303 individual or one-person owned companies along with 217 in the sub-category, representing 35% of the total main businesses registrations and 62% of the total sub businesses respectively.
The Simple Limited Partnership registered three sub businesses or one percent of all new sub businesses registrations.
Construction sector companies, with 27% of the total new registrations, topped the listings in January followed of construction materials trading companies (10%); Cleaning companies (7%), shops, restaurants and takeaways (6%), processing (4%), while the rest of companies by specific activities made up the remaining 46%.
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