Most Business Entities Are Registered In Tbilisi

Most Business Entities Are Registered In Tbilisi

According to official data provided by the National Agency of Public Registry, in January 2018, number of business entities registered in country was 3 906, 97.2% of which are enterprises and 2.8% are non-enterprise entities. In January, number of enterprises increased by 4.9% and number of non-enterprise entities reduced by 0.9%.

Same trend was observed in relation to the same period of last year: number of enterprises increased by 4.3% and number of non-enterprise entities reduced by 48.6%.

Non-enterprise entities are non-enterprise legal entities, branches of foreign non-enterprise legal entities, public law legal entities.

In January, majority of business entities were registered in the form of sole proprietorship (1 646 entities, i.e. 42,1% of all registered business entities) and limited companies (2 126 entities, i.e. 54.4% of all registered business entities). It is obvious that 96.6% of business entities prefer the above legal status. Within the same period, following entities were registered in the country: 108 non-enterprise entities, branches of 6 foreign enterprises, 9 joint stock companies, 10 cooperatives and 1 joint liability society.

Based on the number of business entities registered in January 2018, top 10 territorial units and growth/reduction trends in relation to previous month and same month of the previous year were revealed.

#

Territorial Unit

Quantity

%

January

2018

January

2017

December

2017

1

Tbilisi

1689

1,4

-8,1

2

Batumi

256

1,6

-5,5

3

Kutaisi

172

1,8

-1,1

4

Sachkhere

106

120,8

-16,5

5

Marneuli

89

4,7

-12,7

6

Zugdidi

77

1,3

-22,2

7

Rustavi

74

-38,8

-37,8

8

Khashuri

58

56,8

31,8

9

Gori

57

-24,0

-36,0

10

Ozurgeti

56

12,0

-24,3

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