The benefits of establishing a base in Cyprus are numerous, and more and more international companies are taking advantage of the many business and taxation benefits the country has to offer.

Cyprus has been a full member of the EU since 2004. It enjoys an international reputation for its favourable tax regime thus attracting International Business Companies and foreign investments. Moreover, Cyprus has an ideal geographical position as the island connects Europe with the countries of the Middle East and Africa.

Cyprus jurisdiction is especially suitable for setting up intermediary holding companies due to the island’s combination of tax treaties and low-tax regime. Dividends can flow through the Cyprus company totally tax free and the company can be used to take advantage of the extensive network of double tax treaties as well as its strategic location and high level of skilled professional workers.

Cyprus provides a complete range of facilities for the conduct of commercial, professional, financial and maritime activities worldwide.

In order to attract foreign investments and enhance economic prosperity in Cyprus, the government has liberalized the foreign direct investment policy for both EU and non-EU nationals. Administrative procedures have been simplified and no limitations apply in most sectors of the economy, as per the minimum level of investment and the foreigners’ participation percentage. Moreover, bureaucratic intervention has been reduced, fostering investment opportunities by non-residents.