There are many factors that contribute to making Cyprus an advantageous environment for doing business:

Cyprus offers a range of tax and other advantages:

Corporate Tax

All companies are subject to a uniform tax rate of 12.5%, the lowest corporate tax rate in the European Union. Moreover, various tax exemptions apply for corporate tax such as:

• Exemptions in respect of dividends received from other companies•Exemption in respect of interest income under special conditions
• Favourable tax treatment of losses
• No tax on profits earned from permanent establishments abroad under certain conditions
• No tax on capital gains derived from the disposal of securities
• No tax on profits from company reorganisations
• Tax relief of foreign tax paid

Other Advantages

• Pro- business government
• Strategic EU and eurozone location
• Easy market access to Europe, Middle East and CIS Countries
• Low corporate tax (12.5%)
• Extensive network of 62 double taxation treaties
• Social and economic stability
• Renowned international shipping and financial centre• Broad network of legal, accounting and banking services• Advanced telecommunications network
• Highly educated, qualified and multilingual workforce• Easy access to decision makers
• Enviable quality of life with a low crime rate