Why to go offshore in Cyprus?
- Economic and Political stability
- Infrastructure: the reliability, efficiency and the quality of service provided by the legal and accounting professions.
- Banks: the efficiency of the banking sector and the speed with which the funds transfers are executed as well as the financial credibility of the banks.
- Communications: a very good communication system
- Favorable tax regime
- No tax on disposal of securities
- Extensive list of Double Tax Treaties
- No withholding taxes on payment of dividends, interest and royalties outside Cyprus
- Member of the European Union
- Reputable jurisdiction, not considered as a tax heaven.