The Republic of Cyprus is a state covering 9251 sq.kms, located on the island of Cyprus in the Levantine Sea, which is in the eastern part of the Mediterranean Sea. The total population of Cyprus is about one million, and the GDP close to US$18.7 billion (source: France Diplomatie, 2016).
The Cypriot economy is largely based on tourism and the tertiary sector. The country’s main trading partners are Greece, Germany, the United Kingdom and Italy.
Since Cyprus joined the European Union (EU), France has upped its economic presence by developing its direct investments. France is now the 11th biggest investor in Cyprus.
In order to meet the needs of its customers on the Cypriot market, Simon Associés has developed privileged relations with economic and legal partners locally.