Practice Area
Panel
- International Panel
1 Contributions by Elena Christodoulou
PRACTICE NOTES
Cyprus: 2025 business law, tax and regulatory guide for corporate formation, finance, immigration, employment, contracts, competition, banking/AML, funds/capital markets, data protection, IP, property and compliance
Updated in June 2025
Introduction
Set in the Eastern Mediterranean, Cyprus sits at the meeting point of Europe, Asia and Africa. It is a sovereign, independent republic operating a presidential system, under a written constitution that upholds the rule of law, political stability, human rights and private property.
Cyprus has belonged to the EU since 1 May 2004 and adopted the euro on 1 January 2008. In the run‑up to accession, wide‑ranging structural and economic reforms reshaped the economy, fostering a modern, open and energetic business landscape. Since entry, the island has become a natural gateway for two‑way investment between the EU and global markets, notably the fast‑expanding economies of Russia, Eastern Europe, India and China.
As an international business and financial centre, Cyprus is exceptionally well positioned. Beyond its strategic location, cosmopolitan character and appealing climate, it offers first‑class commercial infrastructure, a highly educated, English‑speaking labour force, a business‑friendly regime—especially on taxation—together with an excellent quality of life and low crime levels. The official languages are Greek and Turkish, but English is...
Commercial
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