Cyprus offers a number of advantages that makes it attractive for both to businessmen and visitors:
- Excellent climate and geographical location
- High standard of professional services
- Member country of the European Union
- Excellent telecommunications system
- Offers one of the lowest corporation tax rates in the European Union
- Offers tax benefits through a number of Double Tax Treaties
- No withholding tax for payment of dividends to non tax residents in Cyprus
- A well educated workforce many of whom are multi-lingual
