Many people think of Cyprus as a prime location when it comes to setting up their business as it has numerous benefits making it a strategic move. Service providers and E-commerce businesses highly contribute to the number of successful companies in Cyprus along with high interest from triangular trade companies, shipping or ship owning companies and crew management.Â
Cyprus, a member of the European union is often called a ‘centre of excellence’. This is referring to the amount of international business activities and the specific expertise they have that spread over a wide span of industries.
If your company is related to or has interest in:
- buying, selling or investing abroad;
- seeking to expand to other countries;
- e-commerce;
- triangular trade;
- retaining copyright or intellectual property (IP);
- service provider activities;
- shipping ; or
- crew management;
Then Cyprus would be a prime location with minimal risk for your company formation.