Cyprus offers a secure, legally transparent and attractive base for international business operations. It is also a cost-effective business centre, having a beneficial tax framework for international business and regional headquarters and it has one of the most advantageous corporate tax rates in the EU at 12.5%.
Cyprus is an attractive business base thanks to good telecommunications, transport and logistics infrastructure with a high quality of life and low crime rates, an ideal place for families relocation. It is also an attractive location for the establishment of an Intellectual Property (IP) holding and development company, offering an efficient tax rate as well as the legal protection afforded by EU Member States and by the signatories of all major IP treaties and protocols.
The above, together with the specific incentives provided to technological companies, relating to taxes, fast track procedures for incorporating business structure and applying for working and other visas and permits, makes Cyprus one of the best destinations for technological companies to be relocated.
Learn more about how KPMG in Cyprus can help. Download our brochure.
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