BUSINESS ENVIRONMENT

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There are many factors that have contributed to making Cyprus a favourable environment for doing business.
The characteristics of the business environment in Cyprus reveal the advantages and flexibility Cyprus offers as an international business and financial centre:

 

 

  • Cyprus is considered to be a low tax country rather than a tax haven country;
  • The island has an extensive Double Tax Treaty Network
  • Friendly international relations;
  • Sophisticated infrastructure;
  • Excellent professional services with modern banking and
  • insurance networks;
  • Highly-educated and versatile workforce;
  • Low operational costs;
  • High standard of living;
  • High quality of primary, secondary and university education.
  • All these make Cyprus the perfect place for today’s investors and business people.

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