Why Cyprus?

Capitalizing on its strategic location, Cyprus has developed through the years into a reputable international services hub especially in the banking and shipping activities. Since Cyprus’s accession to the European Union, its role as a business bridge between Europe, Asia and Africa is further being enhanced.

Cyprus offers a unique basket of advantages to foreign investors utilizing Cyprus as a base for conducting their business activities worldwide.

The significant advantages of Cyprus as an international business centre include:

  • European Union Member State
  • Strategic Location: Europe’s Middle Eastern Outpost
  • Lowest EU corporate tax rate at 10%
  • Double tax treaties with 40 countries
  • Highly qualified and multilingual labor force
  • Macroeconomic stability with successful economic performance
  • Efficient legal, accounting and banking services
  • Advanced telecommunications network and infrastructure
  • FDI track record
  • Reputable International Shipping Centre
  • European standard of living
  • Excellent telecommunications
  • Low crime rate: one of the lowest in Europe