Cyprus facts

Cyprus has been a full member of the European Union since 1st May 2004 and is fully flexed, modern, international, business and financial centre. It has historically been an attractive jurisdiction for doing business, capitalising on its geoeconomic location, tax regime and high quality infrastrucure.

It has an attractive tax system including an extensive network of double taxation treaties as well as highly professional accounting, legal and banking sectors. The legal system is based on English common law and English is fluently spoken throughout the island. Cyprus today is firmly established as a reputable, dynamic, international business, financial and commercial gateway for investments into or from Europe, the CIS and the Middle East.

Cyprus is a low tax jurisdiction and not a “tax-haven” as it is in full compliance with the EU Directives and OECD guidelines on harmful tax practices and is the jurisdiction of choice for a prestigious, tax efficient presence offering unique business opportunities for investors and international business.