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.