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Public Registry Records 5 071 New Business Entities

According to National Agency of Public Registry (NAPR), a total of 5 071 business companies were registered in March 2017, including 95% of them are commercial entities (individual entrepreneurs, limited liability companies, branches of foreign companies, joint stock companies and so on).

  • Ratio of noncommercial enterprises made up 4.6%. Month on month growth in March made up 24.4%, while year on year upturn marked 3.3%. Number of commercial entities rose by 24% month on month, while number of noncommercial enterprises increased by 33.9%.

Meanwhile, number of commercial entities rose by 3.6% year on year, while number of noncommercial enterprises decreased by 3.3% year on year. A major part of business companies was registered as individual entrepreneurs (2 394 – 47.2%) and limited liability companies ( 2 376 – 46.9%).