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Why do business in Cyprus?
Tax System
Cyprus offers one of the most attractive tax systems in Europe. The country provides a simplified, effective and transparent tax regime that is fully compliant with the EU laws and regulations, rendering it as the ultimate international business centre.Key Features of the Cyprus Tax System
Amongst Others:
• One of the lowest effective tax rates in the European Union
• 12.5% corporate tax rate
• 0% Tax on Dividends (for Legal Entities)
• A tax administration that aims to assist foreign investors
• Wide network of tax treaties with over 55 countries
Strategic Location
Cyprus is situated in the eastern corner of the Mediterranean Sea, lying at the crossroads of Europe, Africa and Asia and close to the busy shipping and air routes linking Europe with the Arab world and the Far East.The country's geographical location has been considered of strategic importance in global trade for thousands of years. Its strategic position has played a major role in the development of the island as a base for many of the world’s leading multinationals.
