

PUBLIC LIMITED COMPANIES Public Registry Collected 40.1 Millions of dollars

The Public Registry reported a total income of 40.1 millions of dollars for the year 2006, regarding payment for registration of companies, representing an increase of 32.8% or 9.9 millions of dollars compared to 2005. With these results, the institution was able to exceed the estimated budget of collection of 33.3 millions of dollars, demanded by the Ministry of Economy and Finances. The increase in the collection was took place, notwithstanding a low decrease in the number of registered companies. The total number of companies registered in 2006 was up to 36,627, which represents the 8.2% or 3,000 less than 2005. “The finances of the institution are considerable and the perspectives for this year are better”, said Álvaro Vissueti, Director of the Public Registry. In January, 2007, the Registry had a 2.8-million-dollar revenue, with a 1.3-million-dollar surplus. In February, Vissueti expects a collection of 500,000 dollars. “The finances of the institution have been favoured by the process of modernisation of the institution”, he stated.



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