Before looking at the paperwork needed to sort out the setting up of your own business, have you done the necessary research to ensure that the business would be a profitable one? Without an impeccable business plan, you'll flounder (I speak from the experience of having interviewed many couples who have had failed catering businesses, bars, resturants, cafes and kiosks). The catering businesses here are either international set ups or large, well established family run operations that will defend their businesses tenaciously. They also tend to specialise in niche events . For example Cypriots tend to go in for big weddings and use family/friend connections to sort out the catering - thus any catering company that wishes to compete should be prepared to cater for several hundred people (if not thousands) rather than the standard 100-150 of the UK and that takes enormous outlay and involves huge risk. Also bear in mind that most people are cutting back on luxuries as the recession hits, so the pool of potential customers is dwindling.hi well like all ex brits we are in the planning stages of a liftime change. we are looking at cyprus and realy need your help we have lots of questions.
we are self employed caterers and would still like to be able to work or own a business so my first question is:
what paper work do we need to move there and secondly what paper work do we need to be self employed and run a business and is there still tax laws like in england
we no we need medical insurance but when you look on some sites about moving abroad you do not get the answers you need so who better to ask than all of you who have done it all ready and probably found the pitfalls so to speak first hand
so any help is better than none :confused2: