Why Cyprus
Cyprus is the third largest island in the Mediterranean, with an area of 9,251 km² and a population estimated to be 854,800. The strategic location of the island has played an important role in establishing it as a business centre since antiquity and as a very popular tourist destination.
Cyprus has been a member state of the EU since 2004 and a member of the Eurozone since 2008. The combination of the unique location of the island, business infrastructure and availability of investment opportunities make Cyprus an ideal business hub in the region.
Among the various advantages that Cyprus has to offer as an international business centre is the reliable legal system, the simple and fast procedure of registering a company, the favourable tax legislation, the double tax treaties that the country has signed and the high-level corporate services.
Cyprus has become an attractive jurisdiction, in which thousands of new companies set up every year, leading the country to a major international financial and business centre.