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).
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