5,019 new companies were registered in the Registry of Companies in 2014. This represents an increase of 10.8 per cent over the previous year. 82 new partnerships were also registered which is also an increase over previous years.
A 1.5 percent decline in the number of company liquidations was also registered, placing the total number of companies placed into liquidation at 1,171. 191 company mergers were carried out during the year, a decline of nine per cent from the previ-ous year.
Total Registrations and Active Registrations
There were 68,676 companies, 1,514 partnerships - "En Nom Collectif" and 126 partnerships - "En Commandite" on the regis-ter at the end of 2014. Of these 46,039 companies were considered active, while the number of active partnerships was just over 1000. This represents an increase of eight per cent, 3.7 per cent and 30.1 per cent respectively when compared with the previous year end.
Company Redomiciliation
During 2014, 85 companies transferred their domicile to Malta in terms of the Continuation of Companies Regulations under the Companies Act. Seventy five per cent of these came from Non-EU countries while the remaining 25 per cent were from EU countries. There were 16 outward re-domiciliations during the year.
Thirty three per cent of the redomiciled companies in 2014 were involved in property activities, 18.8 per cent were private investment companies and 14.1 per cent were holding companies.
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