Cyprus has been an EU member since 2004 but has not yet joined the Schengen Area. January 2025, the President of the Republic of Cyprus, Mr. Nikos Christodoulides, has announced plans to complete all technical requirements for Schengen membership by the end of 2025. As Cyprus joins Schengen, this historic step is set to transform […]
Cyprus Joins Schengen: A New Era for Business, Investment & Mobility Read More »
The UK Budget for 2025, announced in late October 2024, has introduced a series of tax changes impacting individuals and businesses, creating a mixed outlook for many taxpayers. With the Labour government’s goal of raising an estimated £40 billion to fund critical areas like the NHS and public services, a broad array of tax policies
UK Budget 2025: Tax Changes and the Advantages of Cyprus Tax Policies Read More »
With 360 days of sunshine and a unique blend of landscapes, Cyprus stands out as a prime filming location in the Eastern Mediterranean. Strategically located at the crossroads of three continents, the island offers a natural studio for filmmakers. The Cyprus Film Scheme, established under EU Regulation 651/2014, promotes the local film industry through financial
Cyprus Film Scheme: A Gateway to European Film Production and Investment Read More »
Why Redomicile? Redomiciling, or transferring a company’s registration to another jurisdiction, is a strategic decision that offers numerous benefits for businesses looking to optimize operations and seize new opportunities. Here are some compelling reasons why companies consider redomiciling: Why Choose Cyprus? Cyprus is a well-established international business hub that offers a competitive and attractive tax
Redomicile BVI Company to Cyprus: Unlock Tax Benefits and Market Opportunities Read More »
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.
Cyprus Economic Development 2023 and Outlook 2024 Read More »
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
Analyzing the Data: The Increasing Attractiveness of Cyprus Gaming Companies Read More »
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
The Booming Cyprus E-Commerce Landscape: A Promising Future Read More »
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,
Growing Sectors Driving the Cyprus Economy in 2023 Read More »
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
A Modern Approach to Cyprus IT Company Relocation Read More »
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
Delivering Superior Business: Diversity and Gender Equality in Cyprus Read More »
