An international business centre
A number of factors contributed to Cyprus establishing itself as one of the most attractive and reputable international business centres worldwide:
- Member of the European Union and the Economic and Monetary Union
- A favourable taxation system, with one of the lowest levels of corporate tax in the EU
- Wide network of double tax treaties
- Advanced legal, accounting and other professional services
- Strategic location at the crossroads of Europe, Asia, the Middle East and Africa, and optimum time zone
- Excellent infrastructure, transportation and telecommunication systems
- Highly educated, professional workforce.