By Christina Agapiou Advocate at Law | Registering a company in Cyprus
The Advantages of Incorporating a Company in Cyprus
Incorporating a company in Cyprus offers numerous benefits, including:
- One of the Lowest Corporate Tax Rates in Europe: Cyprus boasts a corporate income tax rate of just 12.5%.
- Wide Range of Double Taxation Treaties: Extensive agreements to avoid double taxation, promoting international trade.
- Attractive Tax Incentives: Special incentives tailored to specific business types and industries.
- EU Membership: As a full member of the European Union, Cyprus provides seamless access to the EU single market.
- Access to International Markets: A strategic geographic location enables global trade opportunities.
- Compliance with EU and OECD Standards: A transparent and reliable tax regime adhering to international guidelines.
- Reliable Legal System: Based on British common law, offering stability and trust for investors.
- Modern Financial Services Sector: A well-developed financial industry supports business operations effectively.
- Low Cost of Doing Business: Competitive setup and operational costs compared to other jurisdictions.
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