Areas of Practice

Top 10 Reasons to Invest in Cyprus

“Cyprus offers a strategic location, favourable tax environment, educated work force, excellent telecommunications, modern banking and legal infrastructure which make the country the perfect business bridge for the European Union and the Middle East”

 

The Wall Street Journal, 5 May 2004

 

Capitalizing on its strategic location, Cyprus has developed through the years into a reputable international services hub especially in the banking and shipping activities. Since Cyprus's accession to the European Union, its role as a business bridge between Europe, Asia and Africa is further being enhanced.

Cyprus offers a unique basket of advantages to foreign investors utilising Cyprus as a base for conducting their business activities worldwide.

Cyprus' competitive advantages derive from its strategic geographical location, favourable business climate, fiscal regime, stable macroeconomic environment, high educational level of the labour force in conjunction with the comparatively low level of graduates’ remuneration, modern legal, banking and financing systems, excellent infrastructure with advanced transport and telecommunications network, as well as the widespread knowledge of English.

 

Strategic Location: Europe's Middle Eastern Outpost
Cyprus's strategic location at the crossroads of three continents has been a major factor in shaping its history throughout the centuries and its developme...more

European Union Member State
Accession to the EU was a natural choice for Cyprus, dictated by its culture, civilisation, history, its European outlook and adherence to the ideals of de...more

Highly qualified and multilingual labour force

Cyprus offers a well-educated, multilingual labour-force; whereas, labour costs are significantly lower compared to the European Union average. Highly educ...more

 

Lowest EU corporate tax rate
The Cyprus tax policy positions Cyprus as an ideal jurisdiction for Holding Companies. In summary, a Cyprus Holding Company offers the following tax advant...more

 

Macroeconomic stability with successful economic performance
High growth rate Cyprus's real GDP growth rate is well above the average growth rate of EU 25, EU15 as well as that of Eurozone. Specifically, in 2005 the...more

 

Efficient legal, accounting and banking services
Acknowledging that information and knowledge would be the drivers of sustainable growth in the global economy of the future, Cyprus has undertaken a major...more

 

Advanced telecommunications network and infrastructure
Cyprus is well-served by sea, air and telecommunications connectivity. Telecommunications Due to its advanced telecommunications network and the superb reg...more

 

FDI track record
Cyprus is one of the most attractive locations for foreign investments, ranking among the front-runners of the world indicating both high FDI performance...more

 

Reputable International Shipping Centre
Cyprus is a highly reputable international shipping centre, ranking among the 10 leading maritime nations in the world; with a merchant fleet exceeding 21...more

 

Living and working on the “island for all seasons”
One of the major benefits of being a Mediterranean island is the plentiful sunshine throughout the year, and Cyprus is no exception. In fact, Cyprus epitom...more