Cyprus Mail

Company registrations up 29% in November to post-bailout peak

company registrar

The number of company registrations in November rose an annual 29 per cent to 1,402, which is the highest figure in a single month since January 2013, the department of Company Registrar and Official Receiver said.

The number of company registrations from January to November, an indicator of the business, legal and accounting sector’s performance, rose 23 per cent to 12,279 compared with the respective period of 2015, the department said.

In November, the number of certified documents issued and applications for company names rose 25 per cent and 13 per cent to 30,570 and 2,792 compared with the respective month of 2015, the registrar said. On the other hand, the number of other documents submitted dropped in November an annual 26 per cent to 12,484.

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