The traditional Small and Medium-sized Enterprise (SME) with semi-skilled personnel and an operating model that can barely serve the company's conservative objectives, is no longer the case in today's Cypriot business market. The ambitious Cypriot SMEs today are leveraging their own unique strengths increasing their share of the pie in the market to 76% of all value1 in Cyprus, recording a 10% growth from 2021, confirming once again their key role and prospects in our economy. Yet, the financing burden to acquire the necessary digital solutions and sustain their competitive and resilient model remains their biggest bet, as competitive pressure keeps on rising.
Read full articleFollowing the landmark ruling by the Court of Justice of the European Union (CJEU), the Department of Registrar of Companies and IP (DRCIP) of the Republic of Cyprus has issued an announcement on 28 November 2022, stating that the general public’s access to the UBO Register is suspended as of 23 November 2022.
Read full articleFollowing the landmark ruling by the Court of Justice of the European Union (CJEU), the Department of Registrar of Companies and IP (DRCIP) of the Republic of Cyprus has issued an announcement on 28 November 2022, stating that the general public’s access to the UBO Register is suspended as of 23 November 2022.
Read full articleCybarco Development Ltd, the company behind landmark projects like The Oval, Limassol Marina and Trilogy Limassol Seafront, has launched a podcast dedicated to Cyprus. Recorded in English, with a mission to reach a global audience, “Destination Cyprus” has opened a dialogue about what makes this country so attractive and so loved, to such a diverse demographic, from all corners of the world.
Read full articleAlternative Investment Funds have consistently been selected as the preferred vehicle for investments from both asset managers and investors. In the eyes of many, alternative investment funds have developed to represent the evolutionary immediate of Companies in the realm of investing and capital raising.
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