Cyprus, which is officially known as the Republic of Cyprus, is an island country in the Eastern Mediterranean and the third most populated island in the Mediterranean. It is located southeast of Turkey, west of Syria and Lebanon, northwest of Israel, north of Egypt and southeast of Greece.
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Cyprus’ economy is classed as a ‘high income’ economy by the World Bank. However, the 2012-13 Cypriot financial crisis, part of the wider European debt crisis, has dominated the country’s economic affairs in recent times. Cyprus has an open, free-market, service-based economy with some light manufacturing.
Cyprus’ economic recovery has been attributed in part to the existence of a dynamic entrepreneurship and a highly educated labour force. The service sector accounts for over 80% of the labour force. This is linked to its thriving tourist industry, which has accumulated several national awards over the years.
3C Global ensures that companies and contractors moving into Cyprus are fully compliant in terms of remuneration and taxation regulations.
3C Global provides a full set of services in Cyprus allowing corporate clients, recruitment companies and contractors to operate in an optimal manner, while ensuring that all local tax and social security obligations are taken care of.