Cyprus company registrations – 2018 Q1 overview
The number of new Cyprus company registrations continues to rise in 2018.
According to the Registrar of Companies the number of new Cyprus
company registration rose 16 percent in April to 1,168 compared to the
In the first quarter of 2018 the total number of new Cyprus company registrations rose an annual 4.9 % to 5,009.
to the Registrar the number of name applications rose 72% to 3,476 in
April and 11% to 11,767 in the first quarter of 2018.
The issuance of certified company documents rose 11% to 26,690 in April and 2.4% in Q1 of 2018.
submission of other company related documents rose 1.2 percent in April
to 9,744 compared to April of the previous year and 4.3 % in Q1 of 2018
compared with the same period last year.
This is an indicator
that Cyprus companies are still favored for holding companies,
international or regional headquarters and investment companies.
continuously increasing number of new Cyprus company registrations is a
proof that Cyprus remained the most beneficial international
jurisdiction and place of business within the EU providing numerous
Cyprus is a preferred jurisdiction as a place of business for many reasons.
We always recommend evaluating a Cyprus company not only because its tax advantages, but due it its other advantages:
- EU member state
- European Monetary Union member
- EU and OECD approved tax regime
- Effective banking services
- High standards of data protection
- Professional and well-developed services sector
- High legal certainty
- Wide network of Double tax treaties
- Qualified workforce
- Political stability and security
- Business language is English
- Quality life
- Worldwide connectivity through two international airports
- Advanced infrastructure
For more information about Cyprus company registration
or for a personalized consultation please feel free to contact us