Cyprus has a number of comparative advantages that have contributed towards the island becoming an important international business and shipping center:
EU and European Monetary Union Member State Strategic geographical location at the crossroad of three continents – ideal for expansion in new markets Well developed socio-economic infrastructure Broad range and international quality of financial and business services – legal, tax, accounting, investment and brokerage Well developed banking sector for all financial needs An active Stock Exchange and robust Securities and Exchange Commission Market-oriented economy Macroeconomic stability and performance Highly educated, qualified and multilingual talent Stable and pleasant business environment, accompanied by simple administrative procedures Low set up and operating costs Advanced transport and telecommunications network Renown international shipping center Enviable quality of life Stable, Reputable Political and Legal System Simple, Low Taxation The government of Cyprus, taking into consideration the numerous challenges arising from increasing competition, globalization and the recent global financial crisis, is promoting a number of measures and initiatives to further establish Cyprus as an attractive investment destination. READ MORE
