Growth of Companies in Cyprus: +16% in Q1 2025

Cyprus continues to strengthen its reputation as one of the top business hubs in the European Union. According to official data from the Cyprus Department of Registrar of Companies and Intellectual Property, 3,650 new companies were registered in the first quarter of 2025 — an increase of 16.3% compared to the same period in 2024.

The total number of registered companies in the Republic of Cyprus as of the end of March 2025 reached 197,921. These figures confirm the ongoing interest in Cyprus as a jurisdiction for doing business.

Comparative Statistics: Q1 2024 vs Q1 2025

Key Insights:

• Total company registrations increased by 16.3% year-over-year.
• Trade name registrations grew by 22.4%, reflecting rising activity among small and medium-sized enterprises.
• The number of foreign company branches doubled, confirming growing interest from international investors in the Cypriot jurisdiction.

Cyprus Strengthens Its Position as a Leading EU Business Jurisdiction

The results of the first quarter of 2025 confirm that Cyprus remains one of the most dynamically developing business platforms in the European Union. The reasons for such sustained interest are clear:

• Competitive tax system: Corporate tax is one of the lowest in the EU (12.5%), with attractive tax regimes for holding and IT companies.
• Business flexibility: From simplified registration procedures to opportunities for international structuring through holding companies.
• Developed professional services infrastructure: Cyprus offers a well-established network of professional services — accountants, lawyers, auditors.
• Global accessibility: Strategic geographic location and EU membership provide Cyprus with seamless access to European and international markets.
• Support for new businesses and startups: Incentive programs are in place for innovative projects, including in fintech, technology, and professional services.

Cyprus offers the ideal combination of European security, tax advantages, and business accessibility.

Looking to register a company in Cyprus or learn more about doing business on the island?

Contact us — our experts will assist you at every stage: from choosing the right structure to gaining tax benefits.