Why in Cyprus

An excellent location to set up and control your business

Cyprus is one of the best places for the establishment and control of your company and an attractive business location for many factors.

 

With its ideal geographical position at the crossroads of three continents - Europe, Africa and Asia, Cyprus plays a key stabilising role in the region of the Eastern Mediterranean. Furthermore, the island is an ideal investment gateway to the European Union, as well as a portal for investment outside the EU, particularly into the Middle East, India and China.

Cyprus has also a very beneficiary tax regime as it has the lowest corporation tax rate in the EU of 12.5%. Cyprus offers an extensive network of double taxation treaties, currently with more than 50 countries, including countries in North America, Western and Eastern Europe as well as emerging markets such as China, India and Russia.

With a highly-educated workforce, Cyprus offers expert financial, legal, technical and management services at competitive rates, making it a uniquely attractive destination for foreign investors.

 

Providing services ranging from registering and setting up your company’s operations to managing your clients in Europe, Asia and North Africa and Middle East very effectively and efficiently.

Some of the reasons to invest in Cyprus: 

  • A standard corporate tax rate of 12,5%. With proper tax structuring much lower effective tax rates can be achieved.

  • Cyprus is a member of the European Union and Eurozone.

  • The registration of a Cyprus holding company is simple and with an effective cost and usually can be completed within 4 to 5 days.

  • High quality standard of professional services.

  • Low personal tax rates and low social insurance contributions.

  • English is the most widely used business language. The Cyprus legal system is based on the U.K. Common Law principles and aligned with the EU laws and regulations.

  • Modern and efficient multilingual banking & financial services sector.

  • Access to a wide particularly beneficial double tax treaty network.

  • Strategic location. Cyprus is Europe’s eastern outpost at the crossroads of three continents, Europe, Africa and Asia, providing a gateway to and from each one of them. 

  • Very low expense level for financial and professional service provision and operational costs in general, compared to other EU Jurisdictions.

  • Quality of life. Cyprus offers a wonderful environment with a very high standard of living. Living and working in Cyprus is combined with fabulous weather, beautiful nature, art and culture, safety, security, and above all, hospitable people.

As K&ME EROTOKRITOU we can help you through our advice how to take advantage of the above benefits and how to establish a company in Cyprus.

K&ME EROTOKRITOU (Kriton Erotokritou Ltd) is an independent firm of Certified Public Accountants, Auditors and Business Advisors. The firm is registered with and regulated by the Institute of Certified Public Accountants of Cyprus (ICPAC). Its directors are members and fellow members of ICAEW of the UK and ICPAC.

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+357 24620096, +357 24622288

info@keauditors.com

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