Trade announces the establishment of 169 national companies during the month of June



Date Added on 17/07/2017

Economy News Baghdad:

The Department of Registration of Companies in the Ministry of Commerce announced on Monday that the department's staff completed the establishment of 169 national companies and registered 5 branches of a foreign company during the month of June.

The Director General of the registration of companies in the Ministry of Commerce, Abdul Aziz Jabbar in a press statement received "Economy News" a copy of it, "The Chamber issued several decisions concerning the amendment of corporate contracts were distributed between increasing capital and the merger of accounts and liquidation of company accounts," adding that "186 companies were registered and the recording of records and the referral of (249) companies to the judicial investigator for violating regulations and instructions."

He explained that the department has studied the final accounts of the national companies of (1262) national companies in addition to merging the accounts of 21 companies, increasing the capital of (17) companies, liquidating the accounts of (7) companies and studying the accounts of the offices and branches of foreign companies to 94 companies. Of the names reserved their money to (389) and check the arrival of (3951).

He also pointed out that "his department ratified the minutes of the founding meetings of the limited companies with (200) minutes in addition to the ratification of (32) minutes of meetings of the General Assembly of the joint stock companies as well as the ratification of the decisions of the General Authority for the companies of persons limited (734).



Link