Rise in number of company registrations in Cyprus in 2017

According to the announcement of the Department of the Registrar of Companies and Official Receiver of the Republic of Cyprus, the number of companies registration in Cyprus in 2017, had an increase compared to 2016.

Recent data released by the Registrar show that the number of applications for the registration of a new company came to 1,062 in January 2017 compared to 916 last January, recording an increase of 14.7%. The total number of registered companies as of January 31, 2017 stood at 209,413.

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