Cyprus at a glance

Cyprus

An EU Member State and an international business hub with an attractive operating environment and modern infrastructure.

Cyprus at a glance

An EU Member State and an international business hub with an attractive operating environment and modern infrastructure.

Located at the crossroads of Europe, the Middle East and North Africa, Cyprus has grown into a major hub for financial services, shipping and technology as well as becoming a top destination for venture capital.

 

A diversified, open-market economy with a high percentage of the workforce skilled in financial and professional services and information and communication technologies.

 

Geographically placed in a strategic commercial location between Europe and the rest of the EMEA region. It also enjoys strong Tourism and Shipping industries and is awarding licenses for the extraction of significant natural gas deposits recently discovered in its Exclusive Economic Zone.

 

International businesses are attracted to a competitive tax regime with international tax standards and founded on double tax treaties with 47 countries.

 

A transparent regulated banking system governed by practices aligned with the comprehensive EU legislative framework.

Why Cyprus:

  • Positive economic outlook
  • Access to global talent
  • Access to the EU market
  • Excellent Regulatory structure
  • Strong Business support services
  • Low cost of doing business
  • Attractive and transparent tax regime