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Due to its location (situated in the Eastern Mediterranean, linking Europe with the Middle East) and being a member state of the European Union (EU) since May 2004, Cyprus is an ideal place for investment and business activities, being established over the last decades as an important modern and flexible international business and services centre.
Cyprus is one of the most attractive locations worldwide in the area of investments as administrative procedures have been simplified and foreign companies and individuals have the opportunity of investing and establishing business on equal terms with local investors.
Some of the benefits of investing in Cyprus include:
-Tax system is in full compliance with the EU and OECD;
-The lowest corporate tax rate in the EU and one of the lowest internationally i.e. 10%;
-Wide range of Double Tax Treaties with more than 40 countries providing the benefit of tax exemptions;
-No capital gains tax on disposal of investments, except on sale of immovable property situated in Cyprus;
-Gains from disposal of securities are tax exempt;
-Tax free dividends' income;
-Efficient legal, accounting and banking services system;
-Strategic location;
-Advanced and reliable telecommunication networks and infrastructure;
-Reasonable incorporation and operating costs.
For more information, contact us.
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33 Theklas Lysioti str.
Dorothea Building
3030 Limassol, Cyprus
E: info@vslaw.com.cy
T: 00357 25107473