Cyprus can offer specific advantages to non-EU fund managers wishing to raise capital in Europe, as well as to develop a presence in the European market to benefit from the right to distribute their funds to investors in all EU countries.

The ‘single EU passport’ has opened up good prospects for Cyprus to be used as a base for setting up funds or for fund management companies seeking to take advantage of the country’s beneficial framework to manage and/or market funds across Europe from Cyprus. The Undertakings for Collective Investment in Transferable Securities V Directive (UCITS V) and Alternative Investment Fund Managers Directive (AIFMD) ‘management’ and ‘marketing’ passports allow fund managers to manage and/or market funds across the EU, without the burden of establishing extensive administrative functions and allows them to create economies of scale.

Cyprus has become a top destination for corporate structuring and professional financial services, serving as a strategic hub in the Eastern Mediterranean. Positioned between Europe, the Middle East, Africa, and Asia, it offers attractive tax optimisation opportunities for global businesses.

Our Executive Chairman Stavros Pavlou, FCIArb, Bsc (Econ), Barrister, TEP will be attending the Dubai Arbitration Week 2024.

Our Executive Chairman Stavros Pavlou, FCIArb, Bsc (Econ), Barrister, TEP will be attending the Dubai Arbitration Week 2024.

Cyprus’ leading luxury property developer Cybarco is proud to announce that Akamas Bay Villas has been honoured with two prestigious accolades at the International Property Awards. Recognised globally, the awards are a mark of excellence, judged by an independent panel of over 100 industry experts, celebrating the highest levels of achievement in the real estate sector.

We are proud to announce that seven members of our firm have been recognised for their exceptional thought leadership in the Autumn 2024 Mondaq Thought Leadership Awards!

Cyprus is growing as a top choice for foreign direct investment (FDI) in Europe, said Invest Cyprus CEO Marios Tannousis. Tannousis addressed an international audience at the 10th International Funds Summit & Expo in Nicosia, presenting the island’s unique advantages, including financing schemes and incentives for global investors.

The Cyprus government recorded a reduced deficit of €39 million in the second quarter of 2024, marking a sharp improvement from the €260.8 million deficit reported for the same period last year.

A conference presented by the IBA European Regional Forum, supported by the IBA Closely Held Companies Committee and the IBA Corporate Counsel Forum.