BENEFITS OF CYPRUS
Advantageous tax regime
The most competitive tax regime in Europe, as rated by Forbes and other major financial publishers.
Sophisticated infrastructure with a focus on financial and professional services for international clients.
Stable legal system
Strong legal and courts system based on English common law. Legal jurisdiction of choice for many joint ventures and multi-shareholder arrangements.
European Union & Eurozone
A member of the European Union since 2004 and the Eurozone since 2008.
Desirable place to live
A Mediterranean island with a diverse population, a wealth of amenities and unique tax benefits.
Located at the crossroads of three continents, Cyprus is the third-largest and most easterly Mediterranean island. The strategic location of our island means it attracts significant international business as well as thousands of tourists from around the world each year.
Over the last few decades, Cyprus has developed into an important services hub for telecom activities, shipping, law and other financial services. In recent years, Cyprus has also gained attention in the oil & gas industry, with gas fields located off the island’s southern coast. Tourism is a key industry in Cyprus with the island seeing over 2.5 million tourists annually, primarily from the UK, Russia, Sweden and Germany.
Cyprus has a population of approximately 850,000 people and is one of the most advanced and high-income economies of the Southern Europe/MENA region. It has been a member of the European Union since 2004 and the Eurozone since 2008.