Reasons to invest in Cyprus
Companies looking for an investment opportunity must take into consideration that Cyprus as it is an EU member state since 2004 thus providing investors with access to the EU market.
Among the most important advantages for doing business in Cyprus are the flexible taxation system, the banking system and the insurance networks, all of these at very competitive costs. Foreign entities wanting to invest in Cyprus will benefit from low start-up and operations costs.
Our Country also provides a good environment for people wanting to obtain residency in Cyprus as they can purchase real estate properties at very good prices and the quality of life is very high.
Cyprus has ideal geographical position at the crossroads of three continents - Europe, Africa and Asia and it plays a key stabilising role in the region of the Eastern Mediterranean.
The island is an exceptional investment gateway to the European Union, as well as a great portal for investment outside the EU, particularly into the Middle East, India and China.
Cyprus offers an attractive tax system, fully compliant with EU, OECD and international laws and regulations.
Taxable profits of all Cypriot companies are taxed at the rate of 12.5% (however, effective corporate tax rate is NIL for most international transactions through Cyprus).
Extensive double tax treaty network leading to the avoidance of double taxation.
Profits earned from a permanent establishment abroad are fully exempt from corporation tax (under certain conditions).
Dividend income received in Cyprus from a foreign corporation is wholly exempt from taxes in Cyprus (under certain conditions).
Capital gains are not subject to tax, except on sale of immovable property situated in Cyprus.
Economic Prospects and Opportunities
Cyprus has regained its credibility and reinforced its competitiveness as an attractive investment destination offering numerous opportunities and potential.
The government's commitment to the continuous introduction of progressive measures for reform and growth has resulted in the impressive recovery of the Cypriot economy.
Our Country constitutes today a success story for the EU, a fact enhanced by continuous upgrades from credit rating agencies, such as Standard & Poor's, Fitch and Moody's.
EU and Euro zone Member State
As a member of the European Union since 2004 and the European Monetary Union since 2008, Cyprus is committed quality, efficiency and transparency in transactions.
Safety is amongst the biggest advantages of Cyprus, which has been ranked the safest smaller country in Value Penguin's Safest Countries in the world (2015) and fifth worldwide.
Cyprus offers an enviable lifestyle in a safe, clean and healthy environment with high living standards.
Cyprus has developed a unique culture, a strong Greek character and offers a highly valued safe environment, with low stress levels and very low crime rates, ideal for a peaceful family life. As well is the 1st among smaller Countries in its Safest Countries in the World study for 2015.