According to statistics available, the number of companies registered annually has decreased 10 times in the last 5 years. Has there been a similar decline in the number of company registrations in your country also?
Reduction in the number of companies registered
- Thread starter neku
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eLdavis
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Am not really sure if there is a decrease or not, but one thing i am sure about is that there is a large number of businesses not yet registered.
Slowly people who are interested in starting a business are realizing that it is impossible to make money if a person is not well connected, business owners are being falsely accused.
I don't think so in my country as it is mandatory to always register your company. So people are strictly adhering to this
It is not easy for people to form coalitions that would set up and register a company. Not with the uncertain economy.
People have found an easier way to make money through social media contents. And that doesn't require company registration.
