There are 17 Companies in Cyprus
that provide Digital Marketing Services!

Cyprus is well-known for being the headquarters for several international ICT corporations. The island is a hub for software development, digital marketing, and service integration companies. Some of the world’s most famous companies have offices in this country, such as Microsoft, IBM, and Oracle, and it has also been a common location for the fintech industry. This country has also integrated the online services, at the point of having 160 e-government services available for the population of this country. Because of the pandemic situation, this can give us a point of view of how dynamic the government is in this country. 

Also, Cyprus is a member of the European Union since 1 May 2004, when they joined together with other 9 countries, and this means that European agreements and laws are working on this country, but not in the Northern part of this country, where the EU legislation is suspended until a final settlement of “The Cyprus issue” between the Greek Cypriots and the Turkish Cypriots.

The Cypriot ICT market reached a value of €856 million in the year 2025, with an annual rate of growth of 2.5% for this sector of the Cypriot economy, with other aspects such as inflation and unemployment remaining positive. This country is also working on the 5G high-speed Broadband, which, of course, is great news for the ICT industry as well. The number of software developers and other IT-related jobs has been rising quickly over the last years, and Cyprus is becoming a small but powerful country when it comes to IT services.

Why Should You Work With Companies From Cyprus?

The importance of low salaries in Cyprus can be found interesting for companies in the EU that are looking to outsource their services or products to other countries to have better profitability, but still want to have the security of working with a company that is under the same legislation as they are, and this is important because it gives companies a greater warranty of having a successful business process outsourcing. With this country being in the EU, it means more than that they are under the same legislative agreements. It is easy to travel there, but it is important to point out that Cyprus isn’t a Schengen country yet.

Also, this country has a good talent pool of skilled professionals in fintech, IT, and business-related topics. The education sector is adapting to reality, introducing courses and degrees to supply more skilled graduates to the job market. For example, the University of Nicosia broke a big barrier in adopting blockchain technology, and now they offer the first certified online blockchain course (MOOC) and also the world’s first master’s degree for digital currencies, which seems very promising for the IT industry of the country.

About foreign startups, Cyprus is trying to attract these kinds of companies to its country because it is the best way to secure its digital future industry. They have created a startup visa, which is a very revolutionary way to boost their local industry, having professionals from outside the country who can help their sector to grow in the long term.

Another positive point to choose Cyprus is the favorable taxation in an EU member country, which can be found very interesting for global companies that want to be present in as many countries as possible. This country is having a strong transformation, they are doing many things to transform the country into a more digital-friendly Cyprus, accordingly with their development in this type of industry.

What Should You Be Aware of When Working With IT Companies From Cyprus?

Cyprus is a great country in some aspects, but it also has its disadvantages. For example, its costs can be found to be too high for some countries in Europe, for example, Portugal has a similar minimum wage and cost-of-living prices. Another big disadvantage is that nearly 46% of the new jobs created in the EU require STEM skills, which means Science, Technology, Engineering and Mathematics, and Cyprus doesn’t have a very high number of professionals that can fill this job offer, probably because there are only 1.35 million people in this country, and it’s not a specially high number also for the country’s size which is 9.251 square kilometres.

Also, Cyprus is not a Schengen country, so it is more difficult to travel there to meet with other companies to work with or do business. The personal taxes in this country are up to 35% but with the corporate tax being 12% it is something you have to be aware of when making deals with companies from Cyprus. 

The majority of the work in Cyprus is focused on the tourism sector and agriculture, so it is not a very big tech hub like other countries, like Germany, Sweden, or the UK, and they are also a bit behind in technology and digitalization when compared to the rest of Europe, especially the most developed countries.

Personal Income taxes can go from 0 to 35%, from an income of 0 to €19500, it is 0%, from 19501 to 28000 it is 20%, from 28001 to 36300 it is 25%, from 36301 to €60000 it is 30% and over this amount, it is a fixed 35%. But corporate taxes are only 12%.

The last thing it is important to point out is that Cyprus is generally a safe country, but the problem of corruption and bribery is important, with a rate of 60 out of 100. Also, crime rates have been increasing since 3 years ago are important.

How Reliable Are IT Companies From Cyprus?

Cyprus is a country where, mostly speaking, it is safe to do business because they are under the same law as the rest of the European Union, and that makes business safer and easier. Another strong point is that they are not a dangerous country in other aspects and don’t have a social situation that can make this place suspicious. As with every country, it is recommended to follow business best practices and not take anything for granted when doing business. Following the law, looking for reliable companies with proven experience will make deals much safer and successful while avoiding scams or unwanted situations.

We can say that, generally speaking, IT companies from Cyprus are reliable, but following this recommendation will make the possibility of successful business much better.

How is the IT Industry in Cyprus in Relation to the Neighboring Regions/Countries?

Cyprus is surrounded by Turkey, Syria, Lebanon, Israel, and Egypt. The unstable situation in the countries from the southeast due to the war situation that made people run away from their homes is a big problem for Syria, Lebanon, and Turkey in one way or another. 

In Turkey, the ICT industry is valued at $30 billion in 2025, the average growth of this sector in the last 5 years is a great 17% and there are more than 2000 companies in this sector in the country, with more than 140.000 people involved. This gives a general idea of the good situation of the country that surrounds Cyprus.

On the other hand, in Israel, there is a big science and technology center, which also has its own name, “Silicon Wadi”, which started in the 1990s with high-tech companies. Tel Aviv ecosystem has ranked fifth worldwide due to its accessibility to the global market with twice as of international customers as the famous American “Silicon Valley''.

So we can say that Cyprus is surrounded by big tech centers or potential tech centers, as well as by an unstable situation very near this island.

Tech Industry in Cyprus in 2025

With already Tech Behemoths like Microsoft and SAP present in Cyprus, the ICT stage looks stable for now. Moreover, most IT companies have already gotten used to the COVID-19 situation, and in 2 years, everyone will be flexible enough to work either from home or the office. Other than what 2021 has brought to the local ICT, there is no big news that could change the game in Cyprus, and the tech industry can proudly say it stands on solid ground.

In 2025, Cyprus is evolving as a tech hub powered by government investment in digital transformation and R&D spending, with its ICT market growth of 10.1 % in IT services. Many tech companies are relocating to Cyprus due to its strategic location, tax advantages, simple registration process, and supportive government and funding network. 

Conclusion

Even with the situation not being very stable in the area near Cyprus, and being surrounded by big tech centers, Cyprus is a good technology hub where you can find good companies to work with, it has a lot of tax advantages, and a competitive market that makes the companies become better.

It has very few disadvantages because, like Malta, it is a great destination for outsourcing services, but still inside Europe, with the protection that it gives to the companies.

If you follow the recommendations and the guidelines that we talked about, you’ll find this country to be a good place to outsource your services and products, with so many advantages and strong points, very few weak points, and a good geopolitical position, even with some instability in the area. 

Digital marketing, also known as web marketing, Internet marketing or online marketing, is one of the most popular advertising methods on the web. It includes a wide set of other promotion techniques like SEO, pay-per-click advertising, email marketing, affiliate marketing and many more.

In simple words, digital marketing is everything you do to promote your business or brand online. It’s basically the same as marketing, but for the web audience. 

If you want to discover the ins and outs of digital marketing, its current state and how IT companies use different marketing channels, read this comprehensive guide created by TechBehemoths, which is based on info provided by more than 2,500 surveyed companies.

There are multiple benefits of digital marketing. Here are some of them:

• Multiple channels/strategies

• Global or local reach

• Great scalability

• Cost efficient, if optimized for leads/sales

• Advanced/granular targeting

• Usually a higher conversion rate

• Advanced and precise analytics

• Automatization

Digital marketing agencies might have different approaches and tactics. Some agencies focus on a broad range of advertising services, while others focus on specific industries, channels or locations. Finding the best digital marketing company for your needs is not an easy task. 

You have to take into account all the aspects and define your goals in advance, so the selection process is smooth and efficient.

Here are some things to look for when choosing a digital marketing agency:

• Expertise

• Portfolio

• Location

• Price and pricing structure

• Approach and particularities

• Communication and reporting

• Client reviews

TechBehemoths lists more than 9,000 companies providing online marketing services from all over the world. Check out their profiles to learn more about their previous work and speciality.

To ease the selection process, we’ve created a powerful filter which you can use to narrow down the results and shortlist the companies based on your project requirements.

Where do tech businesses advertise?

TechBehemoths conducted a study in the past, where they asked tech companies what digital marketing channels they use the most. SEO/AEO, email marketing, content marketing, social media and PPC were the most popular choices.

An interesting stat revealed that only 21% of survey respondents chose video marketing as their preferred channel. Out of those, only 5.8% of respondents said that their video marketing activity is high (based on a 1-5 scale, where 1 is low and 5 is high).

This can mean a missed opportunity for businesses, as video has become a major media format used on most popular search engines and social media networks.

Getting help from a video production company can significantly contribute to the success of your marketing activity.

Another graph showed that around 30% of tech firms don’t use PPC (pay per click) advertising, which can also mean a missed opportunity.

Getting organic traffic from Google, Bing and other search engines is getting so much harder these days, as AI summaries and AI chatbots make users less likely to click on organic links => company websites don’t get visits.

This is where digital marketing agencies can help you with Google Ads, Bing ads and pay per click services.And finally, only about 3% of respondents said that influencer marketing is a part of their marketing activity and the vast majority of them (around 60%) don’t focus on influencer marketing at all.
 

In the era of AI, personal/real experiences and recommendations matter more than before. Hence, influencer advertising can be a productive marketing channel. Who would you trust more? A human with real feedback or a synthesized AI summary? The answer is obvious.

What digital marketing strategies work in 2026?

Digital marketing in 2026 is no longer optional, it’s essential if not vital. From AI-powered search to short-form video and personalized email campaigns, businesses must adapt to evolving platforms and consumer behavior to stay competitive.

Businesses that ignore investing in a strong online presence - risk losing digital visibility, trust, and competitive advantage.

Here are the most effective types of digital marketing for this year:

1. SEM (Search Engine Marketing)

Search Engine Marketing (SEM) represents a type of digital marketing meant to increase the visibility of a website on search engines. Ultimately, the goal is to try to get as much organic or paid traffic as possible.

SEM is mainly based on 2 parts:

• SEO/AEO/GEO - search or answer or generative engine optimization

• Paid advertising and PPC (pay per click)

As Google dominates the search engine market, it’s vital to be present there and target relevant audiences.

2. Content marketing

Content marketing is based on the creation and distribution of relevant and useful content that attracts the attention of visitors/consumers.

There can be multiple types of content, here is a visual illustration:

3. Social media marketing (SMM)

Almost everyone uses a kind of social media platform. Creating brand awareness on social media can be the primary focus for a business, along with ecommerce opportunities, as there’s a clear trend of people using social platforms for shopping.

4. Email marketing

Email marketing includes sending promotional emails to potential customers. There are different ways to achieve that:

5. Influencer marketing

This might be one of the most overlooked marketing channels and it basically means partnering with an online influencer to market one of your products or services.

In this way, you can get access to their audience of hundreds,thousands or even millions of followers, who trust their influencers.

6. Video marketing

Video marketing might be the future of digital marketing, mainly because of the time people spend on video hosting and streaming platforms like Youtube, TikTok and others. Hence, it makes sense for small and large businesses to invest in it.

According to Renderforrest, video marketing help businesses increase:

• Brand awareness by 70%

• Traffic by 51%

• Sales by 34%

7. VR (Virtual Reality) Marketing

This is an emerging one. VR software takes users in an interactive virtual three-dimensional environment usually using headsets with special lenses (like Meta Quest VR) - to simulate a real-life experience.

While VR marketing might be more expensive, more and more brands use VR for product promotion and virtual storytelling.

If you need help with your digital marketing, TechBehemoths list thousands of trusted agencies that you can search and shortlist. Additionally, you can use the Project submission tool to get tailored offers based on your digital marketing needs.