Cyprus is an island situated in the north-eastern corner of the Mediterranean Sea, functioning as a crossroad between Europe, Asia and Africa and since 1st of May 2004 Cyprus joined the European Union as a full member.

Cyprus’ entrepreneurial environment and supporting facilities compare favourably with those of the best-established centres in the world. The island is considered to be a primary offshore and international business centre among approximately 50 countries offering facilities for these purposes.

Cyprus has developed as a competitive business centre due to:

  • offering excellent professional services
  • highly reputable financial centre due to its status as a member of the EU
  • favourable tax regime
  • impressive number of Double Tax Treaties
  • financially strong and stable banking sector
  • low cost to maintain a Cyprus company
  • easy to establish a Cyprus company

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