The number of applications filed for registrations of new companies rose for the sixth consecutive month in June 2014, on an annual basis, figures released recently by the Department of Registrar of Companies and Official Receiver show.
According to the figures, applications for new company registration reached 761 in June, from 654 a year earlier, presenting an increase of 16.4%.
However, on a monthly basis, there had been a decrease of applications by 21.5%, compared with 969 applications filed in May.
During the first six months of 2014 the total number of new companies that were registered amounted to 5,254.
Source: Financial Mirror
Related Articles
See all articlesArticle | 7 November 2024
Cyprus emerging as top FDI destination in Europe, says Invest Cyprus CEO
Cyprus is growing as a top choice for foreign direct investment (FDI) in Europe, said Invest Cyprus CEO Marios Tannousis. Tannousis addressed an international audience at the 10th International Funds Summit & Expo in Nicosia, presenting the island’s unique advantages, including financing schemes and incentives for global investors.
Read full article
