articles | 09 October 2017

Company registrations up1.4% in September 2017

The number of company registrations rose 1.4% last month, to 1,149, compared to September 2016, the Department of the Registrar of Companies and Official Receiver said.

In the first nine months of the year, the total number of company registrations, deemed an indicator of the performance of the business services sector, rose marginally, to 9,815, compared to the respective period last year, the department said.

The number of applications for company names rose an annual 5.7% in September, to 2,485, while in the first nine months of the year they rose 3.3% to, 20,545.

The number of certified documents issued rose an annual 5.4% last month to 27,726, and 4.1%, to 236,875 in January to September, the department said. The submission of other documents rose 3%, to 10,956, and 3.2% in the first three quarters of the year, to 96,928.

Source: Cyprus Mail

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