Cyprus is an island country in the Eastern Mediterranean and the third largest and third most populous island in the Mediterranean. Cyprus is undoubtedly the jurisdiction that is strategically in Europe but on the other hand has strong connections with the countries of the Middle East and Africa. Cyprus is a member of the European Community, a member of the United Nations, the Commonwealth, the World Bank and International Monetary Fund.
- Tax benefits: Corporate tax rate is 12.5%. Cyprus has double tax treaties with more than 50 countries and is presently negotiating with other countries in order to extend its double taxation network.
- Less risks: English based legal and trust system
- Banking facilities: Cyprus has a robust and effectively supervised banking system.
- Fast and easy procedures: The work force consists of a high proportion of qualified, professional staff who are fluent in foreign languages (mainly English).