WHY
CYPRUS
Discover the Unique Charm of Cyprus
Discover the Strategic Importance of Cyprus
01
Cyprus Tax Regime
Cyprus offers a highly attractive business environment with its advantageous tax policies. The island has agreements for double taxation avoidance with 67 countries, enhancing its appeal for international business operations. It features one of the lowest corporate tax rates in Europe at just 12.5%, and an exceptionally favorable intellectual property tax regime with rates as low as 2.5%. Furthermore, Cyprus imposes no taxes on capital gains, dividends, or royalty payments, nor on the sale of company profits or investments in other companies. These benefits make Cyprus a compelling choice for businesses seeking an optimal tax regime.
02
Access to the Market
Cyprus provides unparalleled access to a global talent pool and the expansive EU market, making it an attractive location for businesses. The island offers connections to a tech-savvy workforce both within the EU and internationally, ensuring a diverse and skilled talent base. As a reliable partner of the European Union, Cyprus delivers competitive benefits and robust business solutions, positioning itself as a strategic hub for companies looking to leverage its advantageous location and strong economic ties.
03
Positive Economy
Cyprus boasts a positive economic outlook and offers an enviable lifestyle within a safe, clean, and healthy environment. As a dynamic business center, it provides abundant opportunities for investment across a diverse range of sectors, making it an appealing destination for both residents and businesses. The island's robust economic prospects, coupled with its attractive living conditions, create an ideal setting for growth and prosperity.
04
100% Foreign Ownership
Shareholders residing outside of Cyprus can independently incorporate a company on the island, taking advantage of Cyprus's favorable business environment without the need for local residency. This flexibility allows international investors to establish and manage their businesses efficiently, leveraging Cyprus's competitive tax regime and strategic location while maintaining full control from abroad.
05
Eurozone Member
Businesses incorporated in Cyprus can operate seamlessly across any EU member state, benefiting from the European Single Market's framework. This includes enjoying the free movement of goods, services, and capital throughout the EU, as well as accessing European passporting rights. These rights enable financial and investment firms to operate across the EU with a single regulatory approval, significantly enhancing market access and operational flexibility. By leveraging Cyprus's strategic position and regulatory advantages within the EU, companies can efficiently expand their operations and capitalize on the integrated economic environment.
06
OECD Approval
Cyprus is listed under the OECD's whitelisted territories, which means it adheres to international standards of transparency and fair tax practices. As a result, foreign businesses can confidently establish and expand their operations on the island, benefiting from a stable and compliant regulatory environment. This designation enhances Cyprus's attractiveness as a business hub, offering a secure and reputable base for international companies looking to grow their presence in Europe and beyond.
07
Excellent Banking Sector
A company in Cyprus can hold one or more bank accounts in any currency, offering significant flexibility for international transactions. There are no exchange control restrictions on transferable currencies, allowing businesses to manage and transfer funds freely across borders. This enables companies to efficiently handle multi-currency operations and adapt to various financial needs without bureaucratic constraints.
