Photograph: Increase in Registrations of Individual Entrepreneurs and LLCs

During the first five months of 2019, 10,490 individual entrepreneurs were registered at the State Register of Legal Entities under the Ministry of Justice, which is an increase of 2,915 compared to the same period last year.

In the same timeframe from January to May 2019, the number of registered limited liability companies also surpassed the figures from 2018. A total of 2,974 LLCs were registered in the first five months of 2019, exceeding the count of 941 from January to May 2018.

This information was reported by the Information and Public Relations Department of the Ministry of Justice of the Republic of Armenia.