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New company registrations show the way back to economic growth

New company registrations show the way back to economic growth

It is the 7th consecutive month where we observe a rise of applications for new company registrations in Cyprus, compared to the previous year, reminding us all of the years before 2008.

Compared to the previous month, March also recorded a rise of 8,1% in applications for new company registrations as well. 

According to the Registrar of Companies, the total number of registered companies in Cyprus reaches by the end of March 2016 a total of 202.764 companies. Concerning the regisration of foreign companies, 19 new companies were registered during the first quarter of 2016, compared to 71 the whole past year.

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