{"id":49243,"date":"2023-11-29T15:04:06","date_gmt":"2023-11-29T15:04:06","guid":{"rendered":"https:\/\/epidosis.gr\/EpidosisBlog\/?p=49243"},"modified":"2023-11-29T16:00:22","modified_gmt":"2023-11-29T16:00:22","slug":"epidosis-from-insight-to-impact-establishment-of-a-branch-for-a-greek-company-sa-ltd-llp-gp-ee-in-cyprus-3","status":"publish","type":"post","link":"https:\/\/epidosis.gr\/en\/epidosis-from-insight-to-impact-establishment-of-a-branch-for-a-greek-company-sa-ltd-llp-gp-ee-in-cyprus-3\/","title":{"rendered":"Performance and Growth: Cyprus as a Center of Economic Prosperity"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"49243\" class=\"elementor elementor-49243 elementor-49242\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-a443e0e elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"a443e0e\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-f645fa4\" data-id=\"f645fa4\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-ef6f878 elementor-widget elementor-widget-text-editor\" data-id=\"ef6f878\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Cyprus emerges as an exceptionally attractive business prospect, boasting a business-friendly environment. With a stable and developed economic system, Cyprus offers businesses the opportunity to enjoy benefits such as high liquidity, excellent quality of loan products, and significant support from the Cypriot financial system.<\/p>\n<\/p>\n<p>The Cypriot government has adopted tax and legislative structures that encourage entrepreneurship, providing attractive tax incentives and flexible business procedures. Additionally, the country is known for the stability of its monetary system and high-level infrastructure, creating an ideal environment for business development and success. With these positive attributes, Cyprus stands out as one of the preferred business prospects in the broader region.<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6420c2a elementor-widget elementor-widget-heading\" data-id=\"6420c2a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Regarding Cypriot banks, there is steady and robust economic growth, reinforced by a growth rate of 2.3% in the second quarter of 2023, surpassing the Eurozone average. <\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4d983db elementor-widget elementor-widget-image\" data-id=\"4d983db\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"1000\" height=\"578\" src=\"https:\/\/epidosis.gr\/wp-content\/uploads\/2023\/11\/Blog_C2_301123.png\" class=\"attachment-large size-large wp-image-49250\" alt=\"\" srcset=\"https:\/\/epidosis.gr\/wp-content\/uploads\/2023\/11\/Blog_C2_301123.png 1000w, https:\/\/epidosis.gr\/wp-content\/uploads\/2023\/11\/Blog_C2_301123-300x173.png 300w, https:\/\/epidosis.gr\/wp-content\/uploads\/2023\/11\/Blog_C2_301123-768x444.png 768w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9a96bed elementor-widget elementor-widget-text-editor\" data-id=\"9a96bed\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Despite the environment with increasing interest rates, there is new lending of approximately \u20ac1.6 billion. Benefiting from savings and repayments, the healthy condition of the serviced loan portfolio amounting to \u20ac9.9 billion <strong>remains stable on an annual basis.<\/strong><\/p>\n<\/p>\n<p>Cypriot banks declare another strong quarter of profitability, achieving a high Return on Tangible Equity (ROTE) <strong>for the third consecutive quarter <\/strong>, above 20%. The upgrade to an investment-grade by Moody&#8217;s confirms <strong>the sustainability and strong position of the Cypriot financial sector.<\/strong>.<\/p>\n<\/p>\n<p>With high liquidity, strong loan portfolio quality, and a stable capital position, Cypriot banks distinguish themselves in a <strong>competitive and resilient financial environment.<\/strong><\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7601235 elementor-widget elementor-widget-heading\" data-id=\"7601235\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">At EPIDOSIS, we can support you in establishing a Cypriot company or expanding your presence in Cyprus, including setting up a CY Branch.<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-b2ae028 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"b2ae028\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-634c93e\" data-id=\"634c93e\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-d15f923 elementor-widget elementor-widget-text-editor\" data-id=\"d15f923\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-family: GothamGRMedium, sans-serif, \"Proxima Nova\", sans-serif; font-size: 1rem; font-style: inherit; font-weight: inherit; background-color: var(--ast-global-color-4);\">You can send us a message on the&nbsp;<\/span><strong style=\"font-size: 1rem; font-style: inherit; color: rgb(0, 0, 0); background-color: var(--ast-global-color-4);\"><a style=\"color: #000000;\" href=\"https:\/\/epidosis.gr\/contact\" target=\"_blank\" rel=\"noopener\" data-saferedirecturl=\"https:\/\/www.google.com\/url?q=https:\/\/epidosis.gr\/contact&amp;source=gmail&amp;ust=1682768182473000&amp;usg=AOvVaw3ySEhDn_ynTjCq-mHLnJpj\"><span style=\"color: #ff6600;\">Contact Form &nbsp;<\/span><\/a><\/strong><span style=\"font-family: GothamGRMedium, sans-serif, \"Proxima Nova\", sans-serif; font-size: 1rem; font-style: inherit; font-weight: inherit; background-color: var(--ast-global-color-4);\">or you can call at our offices in Athens &nbsp;<\/span> <strong style=\"font-size: 1rem; font-style: inherit; color: rgb(0, 0, 0); background-color: var(--ast-global-color-4);\"><span style=\"color: #ff6600;\"><a style=\"color: #ff6600;\" href=\"tel:+302106810690\" target=\"_blank\" rel=\"noopener\">2106810690<\/a><\/span><\/strong><span style=\"font-family: GothamGRMedium, sans-serif, \"Proxima Nova\", sans-serif; font-size: 1rem; font-style: inherit; font-weight: inherit; background-color: var(--ast-global-color-4);\"> on in Thessaloniki <\/span><strong style=\"font-size: 1rem; font-style: inherit; color: rgb(0, 0, 0); background-color: var(--ast-global-color-4);\"><span style=\"color: #ff6600;\"><a style=\"color: #ff6600;\" href=\"tel:+302310477725\" target=\"_blank\" rel=\"noopener\">2310477725 <\/a><\/span><\/strong><span style=\"font-family: GothamGRMedium, sans-serif, \"Proxima Nova\", sans-serif; font-size: 1rem; font-style: inherit; font-weight: inherit; background-color: var(--ast-global-color-4);\">to set the date of the seminar.<\/span><\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-9242aad elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"9242aad\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-02e4862\" data-id=\"02e4862\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-88f03b5 elementor-widget-divider--view-line_icon elementor-view-default elementor-widget-divider--element-align-center elementor-widget elementor-widget-divider\" data-id=\"88f03b5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t\t<div class=\"elementor-icon elementor-divider__element\">\n\t\t\t\t\t<svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fas-book-open\" viewBox=\"0 0 576 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M542.22 32.05c-54.8 3.11-163.72 14.43-230.96 55.59-4.64 2.84-7.27 7.89-7.27 13.17v363.87c0 11.55 12.63 18.85 23.28 13.49 69.18-34.82 169.23-44.32 218.7-46.92 16.89-.89 30.02-14.43 30.02-30.66V62.75c.01-17.71-15.35-31.74-33.77-30.7zM264.73 87.64C197.5 46.48 88.58 35.17 33.78 32.05 15.36 31.01 0 45.04 0 62.75V400.6c0 16.24 13.13 29.78 30.02 30.66 49.49 2.6 149.59 12.11 218.77 46.95 10.62 5.35 23.21-1.94 23.21-13.46V100.63c0-5.29-2.62-10.14-7.27-12.99z\"><\/path><\/svg><\/div>\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-dce9163 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"dce9163\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-458179b\" data-id=\"458179b\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Cyprus emerges as an exceptionally attractive business prospect, boasting a business-friendly environment. With a stable and developed economic system, Cyprus offers businesses the opportunity to enjoy benefits such as high liquidity, excellent quality of loan products, and significant support from the Cypriot financial system. The Cypriot government has adopted tax and legislative structures that encourage [&hellip;]<\/p>\n","protected":false},"author":36,"featured_media":49246,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"content-type":"","site-sidebar-layout":"default","site-content-layout":"default","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[27,28,29,14],"tags":[],"class_list":["post-49243","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-accounting-en","category-blog","category-newsletter-en","category-14"],"acf":[],"_links":{"self":[{"href":"https:\/\/epidosis.gr\/en\/wp-json\/wp\/v2\/posts\/49243","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/epidosis.gr\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/epidosis.gr\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/epidosis.gr\/en\/wp-json\/wp\/v2\/users\/36"}],"replies":[{"embeddable":true,"href":"https:\/\/epidosis.gr\/en\/wp-json\/wp\/v2\/comments?post=49243"}],"version-history":[{"count":5,"href":"https:\/\/epidosis.gr\/en\/wp-json\/wp\/v2\/posts\/49243\/revisions"}],"predecessor-version":[{"id":49289,"href":"https:\/\/epidosis.gr\/en\/wp-json\/wp\/v2\/posts\/49243\/revisions\/49289"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/epidosis.gr\/en\/wp-json\/wp\/v2\/media\/49246"}],"wp:attachment":[{"href":"https:\/\/epidosis.gr\/en\/wp-json\/wp\/v2\/media?parent=49243"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/epidosis.gr\/en\/wp-json\/wp\/v2\/categories?post=49243"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/epidosis.gr\/en\/wp-json\/wp\/v2\/tags?post=49243"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}