Changes in the companies’ law

Changes in the companies’ law

On 23 September 2016 the companies law has been amended. The main changes are as follows: The directors report, included in the financial statements, will change to a management report and the law specifies what should be included in that report There is a new definition for small – medium and large companies and also for small – medium and large groups On the calculation […]

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Increase Cypriot registered companies

Increase Cypriot registered companies

According with the latest data from the registrar of companies the registration of new companies in Cyprus on September 2016 increased by 21% (1.129 companies) compared with September 2015 (934). For the 9-month period to September 2016 the registration of Cypriot companies increased by 23,3% compared with the same period of 2015. The total number of Cypriot registered companies is 207.470.

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