Cyprus is known for its attractive business climate and as one of the favorite relocation destinations. We have identified 8 main reasons which have made Cyprus become the choice of many investors:
- ACCESS TO TALENT
Cyprus is knownto have one of the youngest workforces in EU, with excellent educational background and skills.
- ENGLISH LANGUAGE ENVIRONMENT
The local business climate is multi-lingual with many business opportunities available in English.
- QUALITY OF LIVING
Cyprus is known for one of the highest standards of living in the world. The food, climate, and affordable costsof living make place it among the most favorable second-home destinations.
- LOW BUSINESS COSTS
Launching a company is very simple, with affordable start-up costs and reasonable costs of managing a company. But, if your company is active in the technology sector, further incentives are available to support and attract tech companies.
- LOW TAXES
The highly competitive tax regime coupled with various incentives; make Cyprusa favorite tax residence of many world-wide businesses.
- EXCELLENT REGULATORY STRUCTURE
Strong protection of IP is one of the main reasons for choosing Cyprus as your business or residency destination. Additionally, the entire legal system is structured to support foreign direct investors and their assets.
- STRONG BUSINESS SUPPORT SERVICES
Various accounting and legal consultancy companies are present in Cyprus, with a diverse pool of expertise available to suit all business needs of single investors and residents. We always recommend finding a support company that serves as a one stop shop offering all services under one roof and management. Eurofast has had this structure for40years, since it was first established in the market.
- GRANTS & FUNDING
Access to the international market, the presence of many world-wide companies and the support to the development of specific sectors have all created diverse grants and funding schemes for early stage and innovative companies.
There are more than 8 reasons to choose Cyprus as your second home and we are willing to share them with you.
For more information and additional questions about Cyprus, get in touch with: