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The number of new businesses registered in January-May 2018 is increasing

The number of new businesses registered in January-May 2018 is increasing

The number of new registered entities increased during the first five months of 2018. More specifically, based on the data available from the General Directorate of Taxation, the number of these businesses was estimated at 9,477.

Regarding performance by month, the highest number of new businesses registered was recorded in January by 2,359.

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While the number of businesses derecognised during January-May 2018 amounted to 1,648.

The General Directorate of Taxation remains committed to professionally assist taxpayers in order to fulfill their own tax obligations under the legislation in force.

News Source: GDT

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