Cyprus offers a number of advantages that makes it attractive for both to businessmen and visitors:
– Excelent climate and geographical location
– High standard of professional services
– Very reliable and efficient banking and legal system
– Member country of the European Union
– Excellent telecommunications system
– Offers one of the lowest corporation tax rates in the European Union
– Offers tax benefits through a number of Double Tax Treaties
– No withholding tax for payment of dividends to non tax residents in Cyprus
– A well educated workforce many of whom are multi-lingual