Elias Neocleous & Co LLC

Nestled in the eastern Mediterranean, Cyprus has long been a sought-after destination for investors seeking a strategic business foothold in Europe and beyond.

Background Since gaining independence from the UK in 1960 Cyprus has transformed itself into a successful, modern international business centre.

Before delving into Cyprus’ contemporary corporate and commercial landscape, it is essential to understand the historical context that has shaped the country as a business hub.

Background The importance of the banking sector to the wellbeing of the Cyprus economy is high relative to that of its European neighbours. 

Background Since gaining independence from the UK in 1960 Cyprus has transformed itself into a successful, modern international business centre.

Background 2022 opened with the government of Cyprus announcing that it was to proceed with the first major tax reform of the Cyprus system in 20 years. 

Background The economic landscape of Cyprus has undergone a remarkable transition since gaining independence from the United Kingdom in 1960.  

Background Cyprus’ Banking and Finance sector has been transformed in the years following the 2009-2013 economic crisis and subsequent EU bail out.