Cyprus is well known for its developed tourism. A business which can benefit from the direct effects of this field is the catering industry. One way to enter into this field is by opening a bar in Cyprus, a type of business which can offer many economic perspectives, but which…
Foreign investors who want to open a company in Cyprus will have to open a bank account for the company to deposit the necessary minimum share capital. Individuals who work and live in Cyprus can also open a bank account for personal use. Cyprus joined the Eurozone in January 2008…
Investors who want to open a Cypriot trust must observe the provisions of the Cyprus International Trusts Law of 1992. There are no major restrictions regarding who can open a Cyprus International Trust other than the requirements for having the minimum legal age and complete mental capacities. The settler of…
Fast food businesses are very famous across the world due to the fact that the products sold under this type of establishment can be prepared very quickly. There are numerous types of fast foods, selling pizza products, various sandwiches and other appealing products. Foreign businessmen interested in company formation in…
In Cyprus, the property industry represents an important player of the country’s economy which, together with the tourism and financial industry, account for almost 80% of the GDP. Our experiencedcompany formation advisors in Cyprus can offer more details on this subject. The confidence in the Cypriot property market seemedto be…
Company management in Cyprus refers to the efforts and actions undertaken by the management board and other key individuals in the company in order to ensure that the company accomplishes its goals. The management plan can include planning, organizing, staffing the company with the right employees, leading and directing the…
A laundry business can be an attractive way of starting a business in Cyprus and it can address to the needs of both local citizens, as well as foreigners who are travelling here. In order to open a company in Cyprus as a laundry business, the investor will need to…
VAT registration in Cyprus must be completed by both local and foreign companies under various requirements, as the value added tax is one of the most important levies. Below, our company formation agents in Cyprus explain how the VAT is applied and the rates it is levied on for different…
Cyprus represents an attractive business location, due to the fact that the local economy developed at a fast pace. In this sense, investors must know that Cyprus became a member of the Eurozone soon after the country was accepted as a member of the European Union (EU). Businessmen interested in…
Foreign investors interested in investing in Cyprus can also set up a forex company, which carries out activities on the local and international trading markets. A forex company provides assistance to other investors, by offering advice on investment opportunities in the forex market. A forex market refers at the activity…
