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MoCI issues 11,680 commercial licences in second quarter

MoCI issues 11,680 commercial licences in second quarter

The Peninsula
Friday, August 02, 2024 08:01:22 AM UTC

Doha: The Ministry of Commerce and Industry (MoCI) issued 3,974 commercial registrations and 11,680 commercial licences in the second quarter (Q2) of...

Doha: The Ministry of Commerce and Industry (MoCI) issued 3,974 commercial registrations and 11,680 commercial licences in the second quarter (Q2) of this year, according to the official data of the commerce sector released by the ministry yesterday.

The statistics posted on the ministry’s X account also unveiled that requests for renewal of commercial registration reached 10,334 during the same period.

The same data also indicated that 1,703 requests to add and modify commercial activities had been registered, while requests to add a new branch reached 591 and inspection campaign to verify validity of commercial records and licenses reached 85 in the three- month period.

In Q2, the commerce sector of the Ministry filed 284 patent applications locally, while 2,485 trademark applications were filed in the same period. The number of registered trademarks totalled 1,351.

The Commercial Registration and Licences Department is responsible for implementing policies related to commercial registrations, trade agents and commercial entities in Qatar; market monitoring and regulation of the private sector; and management and oversight of the Commercial Registry and Trade Agents Register.

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