Favourable Tax Regulations and Investment Benefits
Cyprus offers numerous attractive taxation regimes that include one of the lowest corporate tax rates in the EU (12.5%), a reduced VAT policy (5%), and no inheritance tax, transfer fees or annual property tax. In addition, Cyprus has double taxation agreements with over 50 countries.
Full EU Member state
As a full member of the EU, Cyprus enjoys all of the benefits that are obtained through EU membership, allowing Cyprus-based businesses to trade easily with other member states. Additionally, Cyprus is also a member of the UN, Eurozone, Council of Europe and OSCE.