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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Aspen Trust Group’s CEO Honored with Prestigious Madame Figaro Award as Woman of the Year 2023

We are delighted to announce that Ms. Marina Zevedeou, the CEO of the Aspen Trust Group, has been awarded with the prestigious Madame Figaro Woman of the Year 2023 in the Professional/Businesswoman category. This award serves as a testament to her outstanding leadership and contribution to the professional world, especially to women professionals. The distinguished

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

This event, dedicated to exploring gender equality challenges and career advancement, highlighted the importance of engaging the future generation in discussions on gender equity and celebrated its resounding success. Notably, the event featured a powerful video speech by Prime Minister Narendra Modi to emphasize the global significance of this topic. The “Women Who Launch” 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

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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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Cyprus Tax Authority: 10-year government bond yield rates for NID Purposes

Cyprus Tax Authority: 10-Year Government Bond Yield Rates For NID Purposes

Announcement On March 16, 2023, the Cyprus Tax Department made a significant announcement pertaining to the implementation of the Notional Interest Deduction (NID) on equity. The announcement included a detailed table presenting the 10-year government bond yield rates for multiple countries, as of December 31, 2022. These rates serve as an essential benchmark for calculating

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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

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Growing sectors driving the Cyprus economy

Growing Sectors Driving the Cyprus Economy in 2023

Cyprus displayed strong resilience in recent years, with many sectors driving the Cyprus economy into a period of growth and expansion with industries such as tourism, financial services, and energy. A number of sectors in Cyprus are forecasted to continue being major global contributors in 2023 and present many benefits for business owners, foreign investors,

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Cyprus IT Company

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

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Diversity and Gender Equality

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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