Business Register


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METHODOLOGICAL INFORMATION
Description

Business Register is the sampling frame for the business surveys conducted by the Statistical Service of Cyprus. It covers all Legal Units, Enterprises, Local Units, Kind of Activity Units and Enterprise Groups carrying out an economic activity according to the Statistical Classification of Economic Activities NACE Rev. 2 of the European Union.  In terms of Institutional Sectors it covers Corporations (financial and non-financial), General Government, Households and Non-Profit Institutions serving Households. Demographic, identification, contact and economic characteristics, concerning the pre-mentioned statistical units, are collected.

Method

The Cyprus Statistical Business Register is updated on an annual basis using administrative sources and surveys conducted by the Statistical Service of Cyprus. The administrative sources used are the Social Insurance Register, the V.A.T. register, the Tax Services register and the Office of the Registrar Register.

Data is collected at the Legal Unit level and after is being processed, the statistical units "Enterprise" and "Enterprises Group" are delineated.

Data Coverage

Business Register covers all Legal Units, Enterprises, Local Units, Kind of Activity Units and Enterprise Groups carrying out an economic activity according to the Statistical Classification of Economic Activities NACE Rev. 2 of the European Union.  

In terms of Institutional Sectors, it covers Corporations (financial and non-financial), General Government, Households and Non-Profit Institutions serving Households.

Frequency

Business Register is updated on an annual basis.

Data Availability

The results of Business Register are announcenced with Press Releases. Data is available since 2011 in the form of predefined tables on the Statistical Service website.

Comparability Over Time
The data are comparable over time.
Principal Variables
  • Number of Enterprises by economic activity and and size group.
  • Number of Establishments by economic activity and and size group.
  • Employment by economic activity and and size group.
Classification Systems

Economic activity: Statistical classification of economic activities, 2008 (NACE Rev. 2) - Results are disseminated at the 5 digit level.

Legal Framework

Regulation (EU) 2019/2152 of the European Parliament and of the Council of 27 November 2019 on European business statistics, repealing 10 legal acts in the field of business statistics.

Council Regulation (EEC) No 696/93 of 15 March 1993 on the statistical units for the observation and analysis of the production system in the Community.

Last Update

16/12/2020

CONTACT DETAILS
Contact Name
Thomas Gregoriou
Οrganisation Unit
Business Register
Εmail Address
tgregoriou@cystat.mof.gov.cy
Phone Number
22602126
















Contact Details
Michael Karaolis Str.
CY-1444, Lefkosia, Cyprus

T: +357 22602129
E: enquiries@cystat.mof.gov.cy
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