Cyprus Business

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 »

Investment into Europe continues to drive the region forward, creating vibrant startup hubs in Europe for foreign entrepreneurs and investors. Collective initiatives within the EU as well as the continued growth of industries and financial services throughout European cities have made the startup ecosystems some of the most beneficial for emerging businesses. The Aspen Trust …

Taking Advantage of the Best Startup Hubs in Europe Read More »

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. …

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

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 …

The Importance of Economic Substance for EU Companies Read More »

Amid an era of uncertainty and restructuring of business and lifestyle landscapes, Cyprus has remained in the top-ranking spots for pandemic responses anywhere in the world, and Cyprus business even with Covid-19 continued to experience strength and growth among global economies. The Aspen Trust Group examines the impacts that Covid-19 has had on Cyprus and …

Success and Resilience of Businesses in Cyprus due to Covid-19 Response Read More »