Newly registered firms up 62 percent in a decade. The majority are proprietorship

The number of new companies being registered has increased by 62 percent in the past ten years.

Last year, 8,422 companies were registered, an eight percent decrease from 2015, and about the same as in 2014, according to data compiled by Khalil Masri&Fils.

In 2016, registrations of proprietorship companies topped the list (around 4,000), followed by Société à Responsabilité Limitée (SARL), or Limited Liability Companies, (2,300), Sociét&ea...

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