By providing a transparent and efficient environment the Cyprus tax system enhances competitiveness and contributes to making the country a very attractive jurisdiction in which to structure international operations.
- Member of the Commonwealth, The Council of Europe and The United Nations since 1961
- Member of the International Monetary Fund and The World Bank since 1962
- Member of The World Trade Organization since 1995
- Member of the European Union since May 2004 and the Euro zone since 2008
- Strategic location: Europe’s middle-eastern outpost
- Politically and economically stable environment
- Robust liquid banking system
- Strong credit ratings
- 10% Corporate tax
- Sophisticated legal framework based on English Legal System applying common law, transparent regulatory environment
- Advanced telecommunications
- Highly Qualified and multilingual labor force
- International shipping centre
- Enviable quality of life