Developed legal, institutional and professional infrastructure
High quality of primary, secondary and university education
Excellent climate and lifestyle
Safe environment forming a prime choice for families and retirees
Moderate local costs
WHY CYPRUS?
Economic & Business environment
Availability of attractive investment opportunities
Establishing and running a business is quick and simple with extensive business-support services
Open, free-market and service-based economy
Strong GDP growth and a fast-growing economy
Cyprus is classified among the high-income countries
High standard of living
Low tax country
Extensive Double Tax Treaty Network
Substantially lower operational costs than in mainland Europe
Great availability of office-space
The Corporate Tax rate is currently the lowest rate found amongst all the EU member states.
Cyprus has concluded an impressive number of treaties for the avoidance of Double Taxation with most European countries, Russia, USA, Canada, China, India, South Africa, Singapore as well as with several Arab countries.
Legal System
Our legal system follows the English legal structure and court procedures are very similar to those of the English system
Most laws have been officially translated into English granting foreigners the opportunity to acquaint themselves with the area of interest
Accounting system
Accountants and auditors are licensed and regulated whilst being qualified members of international accounting bodies
The accounting profession is bound to follow the international accounting and audit standards
CYPRUS: A global business centre
WHY CYPRUS?