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Number of business entities registered in Georgia increases by almost 10 percent in November

Business Materials 7 December 2010 15:54 (UTC +04:00)

Georgia, Tbilisi, Dec.7 / Trend N. Kirtskhalia /

The number of registered business entities in Georgia jumped 9.6 percent in November to 4,556. Roughly 98.4 percent are business entities and 1.6 percent are entities carrying out non-entrepreneurial activity. Over the first 11 months of this year, 42,556 business entities, 41,707 entrepreneurial and 849 non-entrepreneurial entities were registered.

The number of business entities this year is characterized by an unchangeable trend - a sharp growth as recorded in February, June, September and November, while a decline was observed in March, April, May, July, August and October.

Most business entities were registered as private entrepreneurs in November - 3,330. Some 1,145 limited liability companies, 72 non-entrepreneurial legal entities, five branches of foreign entrepreneurial legal entities, two societies of joint liability, and one company and one branch of a foreign non-entrepreneurial legal entity were registered.

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