WHY CYPRUS
Situated at the crossroads of Europe, Asia and Africa, Cyprus’s geographical location has long been considered as an advantageous gateway in international trade. Cyprus is a modern, cosmopolitan, transparent business centre offering opportunities for investment across a wide range of sectors. In recent years the island has also become a significant hub for financial services, law and international shipping and offers countless investment opportunities for investors and business people worldwide.
Benefits/Advantages of Investing in Cyprus
- Strategic Location
- Cyprus is a member of the European Union
- Member of the EU
- High-quality standard of professional services
- Quality of Life
- Multilingual workforce with International business experience
- Beautiful weather- 300 days sunshine
- Ranked as the 5th best relocation destination in the world(source: 2014 report by Knight Frank)
- Efficient and Comprehensive Tax System
- Extensive tax exemptions through the Double Tax Treaty network – more than 60
- Lowest Corporate Tax in Europe – 12,5%
- Corporate Tax Incentives
- Personal Tax Incentives for newcomer Executives
- Dividend income and profits from the sale of shares are exempt from tax
- No withholding taxes on dividend, interest and royalty payments abroad
- Attractive IP regime
- Tonnage tax for shipping companies