articles | 18 June 2014

Key Competitive Advantages of Cyprus

Cyprus offers a secure, legally transparent and attractive base for international business operations. Explore our list of key advantages that continue to attract investors to the island.

  • Liberalised Foreign Direct Investment Policy for both EU and third country investors

  • Member of the EU since 2004 and the Eurozone since 2008

  • Strategic location between Europe, Middle East, Africa and Asia

  • Cost-effective business centre and beneficial tax framework for international business and regional headquarters. One of the most advantageous corporate tax rates in the EU at 12.5%

  • Transparent and modern legal system based on UK Common Law with a highly-trained workforce of lawyers, accountants and corporate service providers

  • Solid experience in business with emerging markets providing preferential access to Eastern Europe, Russia, China and India

  • Constantly expanding extensive network of almost 50 Double Taxation Treaties (DTTs)

  • Attractive business base thanks to good telecommunications, transport and logistics infrastructure

  • High quality of life, low crime rates and 340 days of sunshine a year

 

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