In the first quarter of 2017, the number of company registrations, an indicator of the performance of the business services sector, rose 2.8%, compared to the respective period of 2016, the department said in an emailed statement.
Applications for names rose anannual 9.3% in March and 0.3% in the first quarter, to 2,611 and 6,817 respectively, the department said.
The number of certified documents issued rose 17% last month and 7.3% in the first three months of the year, to 31,811 and 82,620 respectively.
The submission of other documents rose 8.1% in March, to 12,535, and 3.9% to 33,696.
Source: Cyprus Mail