Philenews

Is Cyprus Losing an Advantage?

Published February 15, 2026, 14:08
Is Cyprus Losing an Advantage?

The European Commission's announcement of the new 'EU Inc' regime, which will allow the establishment of a company in any member state within 48 hours, may reshape the European business landscape. Cyprus, which until now has maintained a comparative advantage in the rapid establishment of companies, may lose this advantage as speed and simplification become a common European rule. However, the deepening of the Single Market and the expansion of access to finance could benefit Cypriot businesses. The challenge for Cyprus is to improve the quality of its business environment, focusing on tax stability, supervisory reliability and competition.