Cyprus has a robust, market-driven economy supported by a stable democracy and driven by a well-educated and highly-skilled workforce, along with an excellent telecommunications and infrastructure system, and an attractive tax and legal framework. These characteristics, along with year-round sunshine and centuries of art and culture, best describe one of the most attractive investment destinations in the European Union: Cyprus.
Why invest in Cyprus
Strategic location
Cyprus is Europe’s eastern point at the crossroads of three continents – Europe, Africa and Asia – providing a gateway to all three.
Attractive Tax System
Cyprus offers one of the most attractive tax systems in Europe. The country provides a simplified, effective and transparent tax system that is fully compliant with the EU laws and regulations.
EU Member State and Member of the European Monetary Union
The Republic of Cyprus became a member of the EU on May 1st, 2004, and the European Monetary Union in 2008.
Legal and Regulatory Framework
Cyprus maintains a highly professional workforce to provide support to international business. The legal system is based on English common law and English is fluently spoken throughout the country. The accounting, legal and banking sectors are highly developed and the country enjoys a high standard of living with excellent telecommunication facilities in a stable and low-crime environment.