Cyprus is an undeniably attractive location for both business
and pleasure. Recently, it was listed as one of the best places to
relocate among a total of 23 countries worldwide. It ranked fifth
on the Knight Frank Global Lifestyle Review.
Cyprus was also ranked as 32nd place in the Forbes list for best
destinations for business in 2017. Forbes evaluated countries
according to 11 different indicators, including property rights,
innovation, taxes, technology, corruption, freedom (personal, trade
and financial), red tape, investor protection and stock market
performance.
The main business advantages of Cyprus include its 48 double tax
treaties signed with countries from all parts of the world, a low
corporate tax rate of 12.5 %, OECD-compliance, 0% tax on dividends,
a fast track 6-week citizenship procedure as well as a host of
favourable investment conditions.
