Over 800,000 Legal Entities Identified with Invalid Information
The Director-General of Company and Non-Commercial Institution Registration reported that over 800,000 legal entities with invalid information were identified over the past two years. Some returned to activity after correcting their information, but many did not follow up, which may indicate that they are fictitious or inactive.
The Director General of Registration of Non-Commercial Companies and Institutions announced the identification of more than 800,000 legal entities with invalid information in the last 2 years and said: Some returned to the activity cycle by correcting the information, but many did not return, which could be a sign of their inactivity.