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May' 2016 | Archive | Blog

Positive Economic Prospects for Cyprus in 2016


Investors can have many business opportunities in Cyprus, as the local economy is developing in a solid pace. Signs of economic increase have been noticed in the decreasing level of unemployment, which reached a record-level. At the same time, the forecasts of the European Commission (EC) for the current year provide a positive sentiment, as the Cypriot economy is set out to increase by 1,7% throughout this year. Those who are considering establishing a company in Cyprus can receive legal advice from our team of attorneys, who can provide assistance for the incorporation of the business or on the taxation system applicable here.