Cyprus

Cyprus is a strategic business and financial hub located at the crossroads of Europe, Asia, and Africa. As a member of the European Union since 2004 and of the Eurozone since 2008, Cyprus offers a stable and transparent legal framework based on English common law principles and fully harmonized with EU legislation.

The country has a highly developed services-driven economy, with strong positions in international corporate structuring, investment projects, shipping, real estate, energy, and financial services. Cyprus maintains an attractive and competitive tax regime, an extensive double tax treaty network, and a business-friendly corporate environment. Services account for more than 80% of the country’s GDP, with professional and financial services playing a leading role.

Cyprus is also one of the leading maritime centers globally, hosting one of the largest merchant fleets in the European Union and operating a competitive tonnage tax system. The island continues to attract foreign direct investment and serves as an important gateway for business operations across Europe, the Middle East, Central Asia, and Africa.

Given the strategic importance of Cyprus as an international business and financial center, GRATA International has established its representative presence in the Republic of Cyprus to support clients in cross-border transactions, corporate structuring, regulatory compliance, dispute resolution, and investment projects. GRATA International’s legal practice covers a broad range of industries and areas of law. We provide legal advice across all key sectors and practice areas, delivering comprehensive and integrated legal support to businesses at both national and international levels.