With its recently established “Vision 2035”, Cyprus desires to be one of the world’s best countries to live, work and do business in. “Vision 2035” is supported by a long-term economic growth strategy aiming to build on and enhance Cyprus’ comparative advantages towards becoming a sustainable regional business hub, a leader in sustainability and a high-tech capital in Europe.
Our beautiful Mediterranean island has historically been an attractive jurisdiction for international Groups that wanted to establish an alternative base. Over the past few years, we are witnessing a strategic shift, with numerous companies enhancing their presence in Cyprus, creating strong substance with staff and local operations. The new set ups cover a wide range of corporations, from startups to international conglomerates, in a number of sectors such as ICT, shipping, funds etc.