Business in Cyprus

Cyprus presents an interesting investment option. Here below are just a few qualifying reasons...

- Member of the European Union as from May 2004 with euro adoption in January 2008.
- Strategic location at the crossroads of 3 continents, serving as Europe's Middle Eastern platform.
- Successful economic performance.
- Favorable tax regime with just 10% corporation tax on profit.
- Liberal Foreign Direct Investment regime.
- Simplified administrative procedures for acquiring necessary permits.
- Bilateral investment agreements with 17 countries.
- Low set up and operating costs.
- Highly qualified, well-educated and multilingual labour force.
- Double tax treaties with 40 countries.
- Freedom of movement of foreign currency to meet the euro adoption criteria.
- Availability of Free-zones and Bonded areas.
- Efficient legal, accounting and banking services.
- European standards and high quality of living.
- Pleasant climate and agreeable topography.
- Excellent telecommunications & road infrastructure.
- Democratic country with a free market economy.
- Political stability.
- Low crime rate: one of the lowest in Europe.