WHY CYPRUS

Competitive advantages

• Strategic Location
• Member of the EU
• Member of the Eurozone
• Efficient and Comprehensive Tax System
• Corporate Tax Incentives
• Personal Tax Incentives for newcomer  Executives
• Business Friendly
• Human Talent
• Infrastructure
• Quality of Life
• Value for Money Services
• Robust Legal and Regulatory Framework

Attractive tax system

Corporate Tax Rate @ 12.5% Exempt from tax:

• Dividend income
• Profits from overseas
• Permanent establishments
• Profits from the sale of securities

No withholding tax on:

• Dividends
• Interest and
• Royalties  paid from Cyprus
• Most international transactions are exempt from VAT
• Double Tax Treaties with more than 50 countries

Legal system

• Based on the English Common Law Principles with Application of EU Directives
• Transparent and Fully harmonized with international standards
• High quality legal services and Collaboration with international law firms

Human talent

• Highest tertiary education percentage within the EU
• Multilingual workforce with International business experience

Great quality of life

• Security and safety
• Excellent Educational Institutions
• Multicultural
• High quality tourist & leisure facilities year round
• Millennia of culture, history and art
• Fabulous weather
• Hospitality
• Gastronomy
• Quality of air and sea

Infrastructure

• Robust road and network and small distances
• Two modern international airports
• Two multi-purpose deep sea ports
• Excellent telecommunications infrastructure
• Reliable high speed international connectivity
• 100% Broadband and mobile broadband coverage