New businesses registered in terms of a number of limited companies reached 11,053 firms in 2020 in Cyprus, according to the National Statistical Office. This is 13.5% less than in the previous year.
Historically, new businesses registered in terms of a number of limited companies in Cyprus reached an all time high of 29,016 firms in 2007 and an all time low of 10,847 firms in 2013.
Cyprus has been ranked 60th within the group of 111 countries we follow in terms of new businesses registered in terms of a number of limited companies.
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