Cyprus Economic Development 2023 and Outlook 2024

In recent years, Cyprus has demonstrated remarkable resilience, experiencing growth and expansion across various sectors such as tourism, financial services, and energy. The momentum is expected to persist, as several sectors are anticipated to remain significant global contributors in 2024. This presents numerous advantages for business owners, foreign investors, and entrepreneurs exploring opportunities in Cyprus. […]

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PRESS RELEASE – “Women Who Launch” Event at Cyprus University of Technology Celebrates Success

Limassol, Cyprus – 3rd October 2023 – The recent “Women Who Launch” event, hosted by Women’s Indian Chamber of Commerce and Industry (WICCI) Cyprus in collaboration with the Cyprus University of Technology (CUT) in Limassol, marked a significant milestone in the ongoing effort to promote gender equality and empower women in the workplace. This event, […]

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Analyzing the Data: The Increasing Attractiveness of Cyprus Gaming Companies

According to a joint report by the Interactive Software Federation of Europe and the European Games Developer Federation, the European video game sector has witnessed an unprecedented wave in popularity. A total of €24.50 billion was invested in video games across multiple European markets in 2022, marking a 5% growth when compared to the €23.3 billion generated in […]

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Analyzing the Data: The Increasing Attractiveness of Cyprus Gaming Companies

According to a joint report by the Interactive Software Federation of Europe and the European Games Developer Federation, the European video game sector has witnessed an unprecedented wave in popularity. A total of €24.50 billion was invested in video games across multiple European markets in 2022, marking a 5% growth when compared to the €23.3 […]

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The Booming Cyprus E-Commerce Landscape: A Promising Future

E-commerce has revolutionized the way we shop, and Cyprus is no exception to this global trend. In recent years, the Mediterranean island nation has witnessed a significant growth in online shopping, with more businesses and consumers embracing the convenience and accessibility of digital platforms. The Aspen Trust Group explores the e-commerce landscape in Cyprus, provides statistics […]

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Deciding Which Cyprus Residency is Right as a Business Owner

As a business owner, Cyprus residency is the best way to take advantage of a robust international market and additional savings through the country’s favorable tax policies. The Aspen Trust Group has helped many business owners with selecting and applying for the best Cyprus residency program according to their needs. Learn about the different options available […]

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A Modern Approach to Cyprus IT Company Relocation

Becoming a registered Cyprus IT company comes with a range of public and private incentives within a leading innovative market for technology and development. Cyprus IT company formation or relocation has become a prosperous venture for both local entrepreneurs and a diverse range of international visionaries focused on putting their businesses in the most advantageous locale. With […]

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Delivering Superior Business: Diversity and Gender Equality in Cyprus

The Aspen Trust Group continues to demonstrate leadership through example of improved diversity and gender equality in Cyprus companies and the advantages that come with diversity promotion for business achievement. Equality in the workplace and within areas of leadership provide greater avenues for perspective awareness, unique solution building, and relationship growth capabilities. Our company’s philosophy […]

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A Guide to Registered Alternative Investment Funds in Cyprus

Setting up Alternative Investment Funds and Registered Alternative Investment Funds in Cyprus allow investors to conduct business through a fund without the daily management required of other company structures. This type of structure along with the favorable tax regime of Cyprus enables investors to raise more capital and High-Net-Worth-Individuals to financially benefit from this alternative method of […]

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Cyprus: The Best Place to Live as a Digital Nomad

With a lush Mediterranean environment and a governmental push to make it a financial and technological hotspot in Europe, Cyprus is the best place to live as a digital nomad. After all, the Covid-19 pandemic has left many individuals with a renewed optimism to find work beyond the office and the country makes it easy […]

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The Importance of Economic Substance for EU Companies

In adapting to the shifts in global standards for company establishment and taxation policies, companies face greater regulations on the demonstration of economic substance in the EU. In other words, an EU-registered company must prove that its management, business activities, and executive functions are real and in the jurisdiction of registration and tax residency. With […]

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Discover the Financial Benefits for Company Formation with a Cyprus Ltd.

It is no secret that Cyprus is among the top European nations for tax incentives for residents and companies, but establishing a Cyprus Ltd leads to many more advantages for both new and relocating companies. The Aspen Trust Group goes over the basics for company formation and the ways you can use a Cyprus Ltd. or […]

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