Cyprus: The Number of the Company Registrations Finally Reaches Post-crisis Figures

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The number of company registrations increased by 0.9% last year to 13,743, which is the highest since 2013, according to the Cyprus Department of Registrars.

In December, registration rose by 4.6% to 1,273, as stated in the department bulletin email. Last year, the number of applications for registration of names grew by 7.5% to 29,050, and in December – by 4.1% to 2,237 compared to the same period a year earlier, the department stated. The number of certified documents issued increased by 4.6% to 325,387 in 2017 and 3.1% to 29,276 in December.

Moreover, the number of other objects of documents increased by 6.8% last year to 140,392 and 3.1% to 14,124.