Khina Timilsina, Information Officer at the Office, shared that among the new enterprises registered as of mid-March, 316 were categorized as industries and 401 as commercial firms.
Similarly, 635 industries and 627 commercial firms were renewed during the same period, said Information Officer Timilsina.
The Office reported that 213 businesses were shut down in the review period including 125 from the industrial sector and 88 from the commercial sector.
Likewise, 12 industries were relocated, 33 underwent ownership changes and 23 changed their names and 39 expanded their enterprises' objectives over the period.
Timilsina noted that although the number of entrepreneurs formally closing their businesses officially is relatively low, many enterprises that fail to renew their registration on time have been operationally shut down.
The Office collected over Rs 13.56 million in revenue under various headings during the review period, according to the Office. (RSS)
