Why Cyprus?

Sunshine and Culture

• Where the Mediterranean meets the East at the crossroads of 3 continents
• Dramatic sun kissed- landscape
• Warm, crystal clear, blue mediterranean waters
• stone mountain villages and a bustling and a thriving capital city
• Ski in the Troodos mountains and sunbathe in one of the many resorts
• Fragrant aromas carried on a mountain breeze
• Sporting and leisure facilities including 3 international standard golfing
• complexes
  

Business and Commerce

• Microeconomic stability with thriving economic performance
• The acclaimed 'Standard and Poor' report put Cyprus in 1st place amongst EU countries for financial flexibility ahead of Switzerland in 2nd place
• Modern and efficient legal and banking services based on the british model
• EU membership providing a stable business environment the country will be joining the Eurozone on January 1st 2008
• 2 International Airports flying to worldwide destinations
• Double Tax agreements with over 40 countries ensuring that the same income is not taxed in more than one country
• All local companies are subject to a uniform tax rate of 10%, the lowest corporate tax rate in the EU
• The standard VAT rate of 15% applies to Cyprus the lowest rate permitted in the EU
  
• Reduced VAT rates apply on specific goods and services