Why Cyprus for your Business
- Favourable taxes (lowest corporate income tax in Europe at 12,5%). Cyprus has been an offshore hub since the 90ies and has attracted a lot of capital from worldwide.
- EU member which allows Companies registered in Cyprus to solicit business with EU and EEA area and enjoy the benefits of the Cyprus taxation system.
- Light regulatory requirements which exceed by far tight regulatory requirements of other jurisdictions enabling smooth business operation still within the MiFID requirements.
- Large financial sector and professional workforce available island wide.
- Low labour costs which reduces operational costs significantly when compared with other jurisdictions.
- Low setup costs, low initial capital required.