Cyprus, an island in Eastern Mediterranean Sea and a member state of the European Union, is an ideal holiday destination for many. It is blessed with the beauty of nature, is rich in history and culture, and offers endless views of the glittering blue waters. Apart from offering the perfect spots for sports and recreation and being one of the most chosen islands for destination weddings, the Republic of Cyprus is also an attractive nation for international business as many opt to set up a company on the island. 

What is Cyprus attractive for businessmen?

The island offers a stable economy and its legislation favours foreign investors. 

To set up a company in Cyprus doesn’t necessarily mean that the Director and the Shareholder must reside in Cyprus, nor does it mean that they will require to go to Cyprus on a business trip for the company to be formed as thanks to worldwide technology, everything can be setup and signed remotely from anywhere around the globe. Also, there doesn’t need to be a large management as with one Director, one Secretary and one Shareholder, a company can be setup. This makes it easier for businessmen on tight schedules to get the company started from the comfort of their office. 

Most often, a Cyprus company incorporation is used as a holding company together with a Malta trading company formation. 

Our incorporation specialists at Fairwinds Management Limited are ready to assist you with any services you require to successfully set up a company in a very important business centre in Europe. 

In addition to company formation services, our team is able to provide local corporate directors, local company secretary, registered office address in Cyprus as well as accounting and auditing services.For further information about the process to incorporate a company in Cyprus or for a quotation, you can get in touch directly with one of the directors Ms Joceline Caruana on jcaruana@fairwindsmanagement.net. You can also get in touch with our team on +356 2704 0903.