Why Cyprus?

Cyprus offers one of the most competitive, highly favourable and simplified tax systems in Europe providing access to an extensive network of Double Tax Treaties. The tax regime in Cyprus is fully compliant with the European Union laws and regulations.

Cyprus has business friendly environment that is efficient, transparent and well regulated. It enjoys a relatively low level of bureaucracy compared to other EU countries and it has large, well educated and bi-lingual workforce, easy infrastructure and well connected. Cyprus can also offer cost effective setting up and on going operational services.

Cyprus geographic position provides an excellent base for doing business as it is at the crossroad of three continents, Europe, Africa and Asia. Also it can provide easy access into the evolving markets of Middle East.

Cyprus has a comprehensive legal framework based on the English Common Law and it is in line with the European Union regulations. As the legal system is based on common law is providing the benefits of sharing similarities with other common law countries.

Cyprus is member of the European Union since 1st May 2004 and European Monetary Unit since 1st January 2008.

For those choosing to visit and/or stay in Cyprus, the mild climate and the beautiful nature provide one of the most desirable environment in Europe. Cyprus can provide excellent quality of life and high standard of living for local people and foreigners.