Cyprus is a very popular choice for businesses due to its generous tax incentives and membership of the European Union.

 

Cyprus is a very popular choice for businesses to open Cyprus International Business Companies or IBCs (formerly known as 'Cyprus offshore companies') due to its generous tax incentives and membership of the European Union.

Cyprus joined the EU in May 2004 and this, combined with its strategic location at the crossroads with Europe, the Middle East, Africa and Asia, has made it a perfect location for international business companies.

Its double-tax treaties are particularly beneficial and the further advantages of Cyprus as an offshore jurisdiction include: 

• tax benefits with only 12.5% tax rate for companies. Cyprus has one of the lowest tax regimes in Europe. 
  
  
• confidentiality since the shares can be held by nominees so that your anonymity is safeguarded
  
  
• excellent infrastructure with professional accounting, legal (primarily based on English law) and banking services of a very high standard as well as a very advanced telecommunications network. Cyprus has two airports, in Larnaca and Paphos, providing frequent flights to many destinations, serving a number of international routes.
  
  
• fabulous climate with 340 days of sunshine per year, with long, hot summers and short, mild winters
  
  
• high standard of living with excellent, relatively cheap health care and spacious housing, a beautiful landscape, combining the sea and the mountains

To help you find out why Cyprus is the right place to register your company read more about Relocating to Cyprus, Transferring to Cyprus, Cyprus taxation, forex trading companies and insurance companies .

Relocating to Cyprus

Learn more about the advantages of living and working in this beautiful island nation.

Transferring to Cyprus

Find out how easy it is to transfer your business or personal finances to Cyprus.

Cyprus Taxation

Learn about the favourable tax regime in Cyprus and how it can benefit your business or personal finances.

Forex Trading Companies

  Find out why Cyprus is a popular destination for Forex trading companies and how it can benefit your business.

Insurance Companies

Discover the benefits of starting an insurance company in Cyprus and how it can help you grow your business.