Ministry of Internal Trade and Consumer Protection facilitates procedures of establishing companies

DAMASCUS, Jul.6, (ST)- With the aim of reducing the burdens on the founders of companies, the Ministry of Internal Trade and Consumer Protection authorized its directorates in the governorates to establish private limited companies and one-person companies and to follow up their procedures.

The Director of the Companies Directorate at the Ministry, Zain Al-Deen Safi, said in a statement to the Syrian Arab News Agency (SANA) that the number of companies registered in the ministry during the first half of this year amounted to 363, including 289 limited companies, 47 one-person companies, 11 joint stock companies, and 16 companies distributed in the governorates over The following figure: 11 in Tartous, 3 in Sweida, and 2 in Homs and Lattakia.

Safi revealed that the directorate has established a common database for the commercial information bank system with the aim of linking the directorate with the central administration of the ministry and its departments and the secretariat of the commercial registry in the governorates and between public authorities.

Basma Qaddour