Our integrated team of professionals is available to advise and support with the establishment of offices and operations outside clients’ home country, either through our own internal resources or in cooperation with one of our foreign partners and affiliates.
In either case, we take ownership of the entire process and help project-manage all aspects of setting up presence and offices abroad.
Cyprus
When it comes to choosing the right location to establish international operations, investment, holding, trading or a financing company, regional headquarters, back office, family office, service center, development center, or a regulated set up (eg funds, fund managers, investment firms, EMIs), Cyprus is one of the most credible destinations chosen by private and public organizations, entrepreneurs and high net worth individuals from around the world.
Cyprus is widely regarded as one of the world’s best countries to live, work and do business in and remains committed to continue enhancing this profile.
The country has adopted a long-term economic growth strategy aiming to further strengthen and differentiate itself as a superior international business hub, a leader in sustainability, a European tech hub and elite international shipping center.
Because of the above, in recent years the country is experiencing a massive momentum in international companies setting up offices and operations in Cyprus, relocating top executives, employees and their families and carrying out international business from Cyprus.
From small start-ups to global conglomerates in every industry, Cyprus has become the base of some of the world’s most successful and recognizable businesses and entrepreneurs. Shipping, tech, venture capital, private equity, video gaming and entertainment, ICT, blockchain, investment funds, family offices and energy are some of the industries which have been experiencing big momentum in terms of headquartering and establishment of operations in Cyprus.
The country’s business infrastructure, multicultural community, safety, high quality education, healthcare and overall quality of life are some of the reasons over and above business that investors and entrepreneurs themselves choose Cyprus to become their personal and family base.
As Cyprus continues to be an attractive location for organizations looking to expand their horizons internationally due to its strong business environment, we are here to support you on each stage of your journey to establishing yourself here.
Offices in Cyprus
From the outset of setting up in Cyprus, we will allocate a dedicated team of experienced advisors to work alongside our clients throughout this journey.
With their deep local insight, experience, and market expertise, our teams are well positioned to understand clients’ unique business needs and help identify and deploy the right strategy to support clients in meeting every single requirement.
On a practical level, our advice and assistance can include:
- Finding the optimum location and office space
- Helping set up the office from A to Z
- Local market integration and stakeholder engagement
- Business enablement
- Government and/or EU grants
- Local and EU regulation
- Local and EU labor law
- Corporate relocation and immigration
- Recruiting local and international staff
- Backoffice support
- Running finance functions
- Banking
- Accounting and reporting, accounting standards conversions, consolidations
- Company secretarial
- Corporate administration
- Compliance
- Registration for payroll taxes, social insurance, national health system, other
- Setting up required pensions auto-enrolment,
- Settling payroll
- Tax compliance
- VAT compliance
- Statutory audits
- Cyprus market entry covering all business regulations
- Business, financial and project due diligence
- Other
