Cyprus represents an important business location, especially for those interested in the tourism industry, which is an attractive field and a top sector for the country’s economy. At the same, those who are searching to relocate in a country with a warm environment and interesting landscapes can choose Cyprus at their new domicile. Businessmen who want to relocate in order to open a company in Cyprus should first analyse the cost of living in this country, which does not differ greatly from other similar countries, members of the European Union. Our team of company formation representatives in Cyprus can offer assistance on many aspects referring to the general Cypriot costs, including those which target at the registration of a new business.
Although most of the businesses are registered in order to develop to their full potential and become very well know companies, represented by large corporations, some investors are searching for ways to set up a small business, which can be managed in a simple way by only few employees. Small businesses are usually recommended to investors who want to start as a sole trader, which represents the simplest legal way to conduct a commercial activity. There are several fields which are of maximum importance for the Cypriot economy and our team of company formation consultants in Cyprus can provide advice on how to choose a domain suitable to the investor’s interests.