Issue link: https://maltatoday.uberflip.com/i/1138801
04.07.19 7 a result of the Government's commitment to being a role model by implimenting fam- ily friendly measures, includ- ing a child minding project which would allow parents to take their children to work to be picked up for school and vice-versa. This will compliment and encourage the uptake of the free transport services being provided by the Goverment. The head of the Business Registry, Joseph Farrugia, said that the agency's vision was to expand its operations in managing records relat- ed to other businesses which shall include foundations and associations. The Agency's new designa- tion reflects its new vision and responsibilities. Farrugia said that the work- load at RoC has been growing exponentially over the past years. The total number of compa- nies registered in the Registry as of today stood at 98,000, with over 66% of these com- panies being active. In 2018, a total of 6,000 new companies were registered, representing a 9% increase over 2017 figures and a 27% increase over 2013 statistics. The average number of reg- istered new companies in the last three years has been 5,700 per year. The Registry of Companies is a public registry responsi- ble for the registered infor- mation and documentation pertaining to new and exist- ing companies. It was at the end of last year when it separated from the MFSA and established itself as a standalone agency. Through the new Legal Act the Registry of Companies was given the responsibility for all assets, liabilities and obligations which were pre- viously vested or entered by the MFSA and which emanate or arise from the functions of the Agency. The new premises in Żejtun will later host the Interna- tional Taxation Unit, Tech. MT Foundation, Finance Malta and Gaming Malta. FOREIGN NEWS new Zejtun offices inaugurated The Malta Business Registry will compliment the modernisation process the MFSA has embarked upon Left: Prime Minister Joseph Muscat (right) and Parliamentary Secretary Silvio Schembri (centre) unveiling the commemorative plaque • Below: Muscat addressing attendees