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.
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.
Cyprus boasts an extremely well developed infrastructure, with two international airports, highways that connect the entire island, international educational facilities and excellent healthcare. There is also a wealth of recreational and lifestyle opportunities that include prestigious golf resorts, marinas and 5* hotels.
Cyprus is located in the Eastern Mediterranean at the crossroads of Europe, the Middle-East and Asia, and as such, is an ideal choice for businesses seeking a base for their international activities. There are two international airports that offer direct flights to many other parts of the world.