How to do business in Cyprus
Although many nearby Mediterranean countries have been affected by the worldwide recession, one country that has battled through successfully is Cyprus. The island has, in fact, seen steady economical growth over the last few years. The majority of the population is employed in the services industry, with the remaining workforce employed in the tourism, agricultural and industry sectors. Here are a few things you need to know before doing business in Cyprus.
The most important steps to complete first are the legal requirements and administrative procedures required by EU and Cypriot law in order for you to do business in Cyprus. But even once these have been completed correctly, there are a number of working practices and examples of business etiquette you must remember when doing business on the island.