The lockdown in April saw a significant drop in business registrations at the Business and Intellectual Property Authority (BIPA). Whereas BIPA normally registers more than a thousand businesses a month, the months of April and May 2020, saw only 133 and 261 registrations, respectively.
However, the picture turned rosier in June 2020, when 1 064 businesses were registered. This however stands in contrast to the 1 458 businesses that were registered in July 2019. For the period 1 July 2019 to 30 June 2020, BIPA registered 11 691 businesses, the bulk being CCs (7 442) and Defensive Names (3 287).
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