Cyprus targets Israeli investment and business relocations at Tel Aviv summit
More than 200 delegates are expected at Tuesday’s Tel Aviv summit exploring investment in Cyprus, business relocation and opportunities for expansion into EU markets.
Tel Aviv, Israel. Cyprus aims to draw additional investment from Israel and encourage businesses to relocate through a summit in Tel Aviv on Tuesday. More than 200 delegates are expected for discussions about setting up companies and growing their operations across the European Union.
Building commercial ties
IMH, working with Invest Cyprus, is organising the 8th Cyprus-Israel Business & Investment Summit at Hilton Tel Aviv. Participants will include investors, corporate executives, banking representatives and professional advisers.
The event aims to deepen business ties between Israel and Cyprus, positioning the island as a possible base for Israeli businesses looking to enter European markets. Its agenda places particular emphasis on corporate relocation, regional headquarters, financial services and investment prospects, together with the practical steps needed to establish and run businesses in Cyprus.
Economic outlook and financial oversight
The summit’s official programme lists a presentation by Invest Cyprus CEO Marios Tannousis covering Cyprus’ economic prospects, the conditions for investment and opportunities for international companies. His presentation will also address the government’s Vision 2035 strategy.
Cyprus’ ambassador to Israel, Kornelios S. Korneliou, and Eurobank senior general manager Stephanos Kassianides are also scheduled to speak.
George Karatzias, chairman of the Cyprus Securities and Exchange Commission (CySEC), will outline the supervisory environment as part of discussions on the regulatory framework for the island’s financial sector.
Representatives from Bank of Cyprus (BoC), Alpha Bank Cyprus and Eurobank will examine services that banks and other financial providers offer international businesses. The discussion will encompass fund managers, fintech companies, payment institutions and investment firms.
Relocation, taxation and staffing
Contributors from Nobel Trust, K. Treppides & Co. and PwC Cyprus will take part in a session examining legal and tax issues associated with moving business operations to Cyprus.
Alongside corporate taxation, the agenda covers setting up headquarters, relocating staff and the arrangements available for business owners and their families.
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