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A stable legal environment, a competitive legislative and regulatory regime and the world’s best practices and financial tools: Cyprus is quickly becoming a prominent player in Europe, attracting investment funds and companies thanks to its very business-friendly jurisdiction.

The island has a favourable position between the Middle East, Africa and Europe and can be easily reached by plane. A member of the European Union, Cyprus presents an economy largely based on the service industry with a solid structure, qualified English-speaking professional labour force and an advanced banking sector. In addition, the tax regime (both corporate and personal) is extremely advantageous and “FDI-friendly”, contributing to Cyprus ranking of 53rd out of 190 countries for ease of doing business (according to the World Bank’s 2018 Doing Business report).

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The main sectors offering an interesting potential for investments are real estate, energy, shipping, tourism infrastructure, services and technology. Cyprus is also a very safe and pleasant country to live in, providing a modern lifestyle along with splendid Mediterranean climate and nature: this can represent in incentive for relocating or opening a new business, offering to employees the possibility to combine work and leisure time in a desirable environment.

source: World Finance