Why Cyprus?
There is a list of financial and non-financial reasons, in summary, why a foreign investor or businessman would select Cyprus as his next destination for registering a company and form an entrepreneurial base for activities:
- Favourable tax framework with a wide network of Double Tax Treaties.
- Member of the European Union.
- Member of the €uro-zone.
- High quality of support services from professionals.
- Excellent network of logistics services and shipping connections.
- The strategic location of the island at the far south-east side of Mediterranean is acting as a ‘gate’ between Asia, Africa and Europe.
- Reliable and efficient banking system.
- Absence of exchange controls.
- A legal framework which is based on the British model and the English language being widely spoken.
- Reasonably low operational costs.
- High standard of living and good foreign schools and a high standard of medical care.
- Frequent network of airline connections.
- Excellent telecommunications.
- Excellent road communication all over the island.
- Availability of skilled labour force and high educational level of the population.
- Warm culture, buzzing social life and excellent gastronomy.
- Excellent weather conditions all year round.