Elias Neocleous & Co LLC

Background Since gaining independence from the UK in 1960 Cyprus has transformed itself into a successful, modern international business centre.

Before delving into Cyprus’ contemporary corporate and commercial landscape, it is essential to understand the historical context that has shaped the country as a business hub.

Background The importance of the banking sector to the wellbeing of the Cyprus economy is high relative to that of its European neighbours. 

Background 2022 opened with the government of Cyprus announcing that it was to proceed with the first major tax reform of the Cyprus system in 20 years.