The USA Reach No.4: Cyprus’ Global Standing Strengthens - A Smart Move for U.S. Firms Expanding Abroad

Cyprus achieves Triple credit rating upgrades from major agencies

Cyprus has received a significant boost in international confidence, with all three major credit rating agencies - Fitch Ratings, Moody’s and S&P Global Ratings - upgrading the country’s credit status. This marks an important milestone, reinforcing Cyprus’ economic stability and attractiveness as a business hub.

Fitch upgraded Cyprus’ credit rating to A- from BBB+, citing strong fiscal performance and robust economic growth.
Moody’s upgraded the economy to A3 from Baa2, with a positive outlook, reflecting confidence in the country’s fiscal and economic resilience.
S&P Global Ratings raised Cyprus’ rating to A- from BBB+, maintaining a stable outlook.

These upgrades solidify Cyprus’ position as a reliable jurisdiction for businesses expanding into Europe, the EU and the broader Eastern Mediterranean region. As international firms seek stability and strategic access to new markets, Cyprus presents itself as a prime location for establishing and growing operations.

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for Global Business

Gain from our vast expertise and knowledge in the region of Change

March 2025

In our fourth edition of The USA Reach , our dedicated newsletter for professionals and businesses in the USA, we want to highlight the potential and attractive opportunities for firms, investment funds and HNWIs.

At E & G Economides LLC, a full-service law firm based in Cyprus, we specialize in providing comprehensive legal support to businesses from the USA and the wider American continent looking to expand in Cyprus, Europe and the surrounding regions. Whether you are setting up a company, structuring operations, ensuring compliance, or navigating complex regulatory frameworks, our experienced team is here to support every step of your journey.

With deep expertise in corporate law, M&A, financial structuring and regulatory compliance, we offer tailored legal solutions that allow businesses to expand confidently into new markets.

Our message is clear and simple: When the time comes for your firm to enter these regions, we want you to trust us as your legal advisors.

For E&G Economides LLC

George Economides

Managing Partner

More about George Economides

George is the Managing Partner of E&G Economides LLC, specializing in private client work, immigration, real estate and corporate structuring. He advises HNWIs, international law firms and multinational companies on restructurings, investments and business relocations, with expertise in M&A, tax structuring and financial services.

He holds key positions in professional networks, some being:

STEP member and Treasurer of the Board of Directors of STEP Cyprus
Vice-President of the Cyprus Bar Association’s Committee for Business Relocation
Recognized by Legal500 for his legal expertise.

With a strong focus on corporate expansion and regulatory compliance, George and his team provide strategic legal solutions to businesses entering Cyprus, the EU and the broader region.

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LinkedIn profile

[email protected]

Why Cyprus?

A Strategic Gateway to Europe and Beyond

For companies considering international expansion, Cyprus is a natural choice due to its strategic location, legal framework and business-friendly environment.

Geostrategic Location – Positioned at the crossroads of Europe, the Middle East, North Africa and Asia, Cyprus provides direct access to multiple markets.
EU & Eurozone Membership – As an EU member state, Cyprus offers businesses full access to the European Single Market and regulatory stability.
English Common Law System – A familiar and transparent legal framework, ensuring confidence and efficiency in legal and business operations.
Strong Tax & Business Infrastructure – With an extensive double tax treaty network (including with the USA), competitive corporate tax rates and a pro-business regulatory environment, Cyprus is an ideal jurisdiction for headquartering and regional expansion.

International firms, including Revolut, MUFG, Wargaming, Kyndryl and more, have already established operations in Cyprus, taking advantage of its strategic benefits. For businesses looking to expand, restructure, or establish a presence in the EU and surrounding regions, Cyprus provides the ideal foundation.

How E & G Economides LLC
can assist your expansion

We provide end-to-end legal support for firms expanding internationally. Our expertise covers:

Company Formation & Structuring – Establishing legal entities in Cyprus and other jurisdictions, ensuring compliance with local and EU regulations.
Mergers & Acquisitions – Assisting with cross-border transactions, due diligence and legal structuring.
Investment Funds & Financial Structuring – Advising on fund formation, compliance and regulatory frameworks.
Corporate & Commercial Law – Drafting and reviewing agreements, corporate governance and regulatory compliance.
Tax Planning & Asset Protection – Ensuring efficient tax structures in line with international best practices.
Real Estate & Property Transactions – Legal support for commercial and residential acquisitions.
Shipping & Technology Law – Specialized legal services tailored to key industries in Cyprus.

With a dedicated team of legal experts and a client-focused approach, we ensure that businesses expanding into Cyprus, Europe, or the broader region receive the highest level of professional support.

Over our following newsletters we will separately be covering specific areas of interest in more detail. Stay tuned.

See the three previous editions of The USA Reach

Get in touch with us and gain a True Competitive Edge

The Totalserve Group

Spectrum of Professional Services

E & G Economides LLC is part of the Totalserve Group, a multidisciplinary organization offering legal, corporate, tax, trust, audit, accounting and real estate services. Through our group companies, we provide a seamless and integrated approach to business expansion.