Why Choose Cyprus
Cyprus is one of the most favorable International Financial Centers for establishing and maintaining an International Business Company (IBC).
An excellent favorable tax regime, combined with the geographical position, and the high quality of the services services such as banking, legal, finance, accounting and auditing and various others, are some of the key factors for its success and improvement.
The accession of Cyprus to the European Union in 2004, combined with favorable tax reforms that have taken place, resulted in international businesses and entrepreneurs choosing Cyprus as the jurisdiction to set up and operate holding companies, trading, financing and other types of businesses for their world wide investments and business activities. Over the past twenty years, Cyprus has established itself as the main financial centre for inward investments relating to Russia, Central and Eastern Europe. This is mainly due to its excellent infrastructure, geographic location, the strong cultural and political ties it has with this region and most importantly its comprehensive treaty network with all the major countries in the region. The reputation of Cyprus as a holding company location has increased substantially following its accession to the EU. As a result, it is fast becoming the preferred holding company location for inward and outward investments in the EU and other countries.