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Cyprus Information >Investment in Cyprus |
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The Economic environment of Cyprus and all its advantages, tax, communications, strategic position, very good relations with Middle-East countries etc., has made Cyprus a window of opportunity for investment. After May 1st 2004, such removal of almost all restrictions in the percentage interest in companies and investment in different areas of the economy with a very favorable corporate tax rate, only 10% tax and other tax incentives, the free economy with negligible Government interference has created a very good economic environment for the European and other Investors. Cyprus has at present over 15,000 active international business units and over 30 offshore Banks. |
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