1) Ideal Climate: The Mediterranean sub-tropical climate of Cyprus is ideal for those who want to escape the cold. The hot summer is offset by an abundance of beaches and despite some rain during the winter season, 5-7 hours of sunshine are guaranteed almost all year. Forget the cold, especially in southern cities where the average range 13-27 degrees all year. As a result, people are very warm and friendly and the food is exceptional.
2) exceptional natural environment: a stunning landscape, clean beaches and beautiful golf courses brilliant (4 of which are Championship standard). Cyprus offers a wide variety of natural environments that provide an opportunity not only for nice breaks, but also for the development of long-term partnership with customers through sports and team building.
3) Blessed Strategic location and Cultural Heritage: the status of Cyprus', lying on an axis of movement, both north-south and east-west, is located at the crossroads of three continents, Europe, Asia and Africa. This strategic position is ideal for any business looking to develop international strategic alliances and business partnerships. As a result of the position of a small country but has also developed a great cultural heritage, as a result, today, paired with the modern youth offers much in terms of entertainment and cultural landscape.
4) stable and prosperous economy: The Cypriot economy is prosperous and has diversified in recent years, offering great stability in macroeconomic terms. According to the latest estimates IMF, GDP per capita (purchasing power of the net) to $ 28,381, just above the EU average. Cyprus has also adapted the European currency since 2008, further simplifying the business and administration.
5) professional services and qualified employees: Cyprus is a destination that significantly extends the demand for professional services in terms of tax, credit and finance for local and international companies that choose to expand and grow their business. The country has a highly qualified and multilingual workforce, including those seeking to grow in the services sector.
6) Membership of the EU: Cyprus joined the EU in 2004 with 9 other countries. As a target on the ground with large tax rates, Cyprus allows those who register a company in Cyprus for doing business in Europe and elsewhere in the EU more easily, quickly and cost effectively. And, of course, there are no customs duties charged on goods that are sold or transported between Member States. As an EU member state, access is possible to 'European Structural Funds' development.
7) Ideal tax environment: Not only is the country has his plate Cyprus corporate tax rate to 10% but a large network of double taxation treaties. As Cyprus has been busy developing agreements with over 45 has reached great tax saving benefits as a completely legal EU onshore. These numerous treaties against double taxation, to reduce the success rates for taxes on interest received on royalties, taxes on dividends and taxes on the sale of shares of subsidiaries, stocks and shares. Cyprus is one of the most favorable not only to residents of European countries, but also international companies to register a company in Cyprus and operate a business. Cyprus is also an ideal tax for individuals. On a personal level the system of Cyprus has also introduced quotas apply to all individuals, especially to non-residents, in terms of personal income tax rates in Cyprus. Gains Cyprus taxes from the sale of the family-owned companies are generally exempt from tax. And finally, for those companies seeking to increase their workforce, with total costs about 20% of the total wage costs, taxes for employees (paid by employer and employee combined) which provide a totally burden of social security services are also a strong motivation.
8) Strong social insurance and health benefits: retirees EU can benefit from medical treatment at no cost. EU citizens from other countries that have contributed to the social security system of another EU country for at least two years are eligible for coverage in Cyprus. Those receiving an invalidity pension or injured at work can benefit from free medical care. high level of medical care is available where facilities are comparable to other industrialized countries.
9) Advanced Telecommunications and Network Infrastructure: The infrastructure in Cyprus is ideal for businessmen who need to do things. The country has a modern road network, port facilities and two large international airports. Travel and transport in Cyprus and internationally between the country and other countries is fast, efficient and economical. Considerable investments have been made to turn the island into a telecommunications center in its geographic region. In addition the seven satellite Earth Stations that provide satellite communications, Cyprus is linked to a number of undersea cables that provide advanced technology excellent connectivity for Europe, Middle East and Asia.
10) Low crime rate and friendly legal system. Cyprus boasts some of the lowest rates of theft and crime in Europe alongside the coldest Denmark and Norway. Thanks to its British colonization until 1960, the functions of Cyprus under the common law system. This system is not only more transparent for many companies and managers who choose Cyprus as a destination for trade, but also offers advantages for the structuring of organizations of trust also per interposta persona.
