Company Registrations are accelerating

According to data from the Registrar of Companies, the number of applications for new company registration increased in July to 1,287, compared to 1,079 last July, an increase of 19.3%. Of the last 28 months, 22 saw an increase in applications for new registrations, Financial Mirror reports.

Compared to June, the number of applications in July saw a significant increase of 26.7%.

In the January – July period, the number of new company registration applications reached 7,653, compared with 6,301 in the corresponding period of 2015, an increase of 21.4%.