Living in cyprus
Cyprus offers an extremely attractive lifestyle. Relocating to Cyprus opens up the doors to many more benefits that residents get to enjoy. The island boasts an abundance of picturesque coastal communities, each with its unique allure; combined with its global reputation as a leading business destination, living in Cyprus combines the best of both worlds.
A Headquartering Centre
Cyprus has become a popular headquartering destination over the past few years and there are many reasons why companies are relocating their business operations to the island.
Cyprus strategic location on crossroads between three continents – Europe, Asia and Africa, allows for access in these evolving markets. The two international airports and seaports connect the island to the rest of the world with ease, including major destinations both within and
outside of the EU.
WHY SET UP YOUR HEADQUARTERS IN CYPRUS?
Advantageous Tax Regime
Cyprus offers one of the most attractive tax regimes in Europe, further highlighting it as an ideal headquartering location.
A pro-business environment
Cyprus’ wide range of services enable businesses to start
and run relatively easy, with low set-up costs. The business
landscape offers a variety of industries to engage with such
as Banking & Financial Services, Investment Funds, Shipping, Tourism, Real Estate, Start-Ups & FinTech. The transparency of financial reporting and the adoption of Common Reporting Standards is another important aspect of bringing your business operations to Cyprus.
EU member state
Cyprus is a full member of the European Union since 2004, a member of the Eurozone since 2008 and part of the European Single Market; enjoying free movement of goods, services and capital. Therefore, companies in Cyprus have full access to European markets plus benefiting from more than 40 EU trade agreements and 64 double tax treaties. The main business language of the island is English, with a wide range of functions to be conducted in English.
Experienced human resource
Cyprus continues to remain a competitive financial centre with high-skilled and experienced professionals. Cyprus offers visa-free access to European talent and forms itself a hub for accessing the youngest population and workforce in the EU (55% of the workforce
has a tertiary degree – UK, USA & Europe). The private education sector is booming with 3 public and 5 private universities of high standard attracting every year students from all over the world.