COMPANIES OF FOREIGN INTERESTS AND THE RELEVANT REGULATORY FRAMEWORK
A Cyprus corporation should give priority in employment recruitment to Cypriots and EU nationals before resorting to employ a Third Country National (TCN). However, Cyprus has provided an exception in the law for companies of foreign interests, to employ TCN subject to certain requirements. This form is especially useful for a TCN who may incorporate his own company, or in conjunction with others with a minimum investment of EUR 171.000 and be employed by this company in accordance with the employee classifications mentioned below. READ MORE