New company registration down in first 11 months

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New company registration down in first 11 months
 © CyprusMail 2020
New company registrations recorded a drop of 19.5 per cent in November and a drop of 13.3 per cent in the first eleven months of this year, data released by the Companies Registrar and Official Receiver shows.

On the basis of the applications submitted for the registration of new companies, it seems that 2019 will be the first year to record a drop in applications on an annual basis, following a continuous increase during the last five previous years.

In particular, according to the data the number of applications for the registration of new companies in Cyprus reached 1,054 this November compared...


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This article was automatically added to our system 14-12-2019

New company registration down in first 11 months


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