Company registrations up 17% in June

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Company registrations up 17% in June
 © BusinessMail 2018
By Stelios Orphanides

The number of company registrations rose in June an annual 17 per cent to 1,123 unaffected by tougher anti-money laundering measures including shell companies being banned from the banking system, official figures show.

The number of company registrations, an indicator of the performance of the corporate services sector, rose 15 per cent in the first half of the year to 7,405 compared to the respective period of 2017, the Department of Company Registrar and Official Receiver said in an emailed statement.

Applications for names rose in June...


This article was automatically added to our system 13-7-2018

Company registrations up 17% in June


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