ARTICLE · 25 APRIL 2000

Advantages of Cyprus

Aspen Consultants

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CyprusWealth Management

There are currently more than 40,000 international business entities registered and operating out of Cyprus. A significant number of these international business entities have fully fledged offices in Cyprus.

An increasing number of foreign individuals work for international business entities registered in Cyprus. Also, more and more foreign professionals choose the island for residence in combination with their business activities.

The growth in the international community in Cyprus indicates the existence of clear advantages that attract both business entities and foreign private individuals.

Tax advantages

The tax advantages relate to incentives offered in Cyprus that can mitigate or eliminate completely the overall tax liability arising from international activity. The incentives available relate to:

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