About Cyprus

Date created 25.01.2017 09:54:11
About Cyprus

Cyprus is a member state of the European Union since 01/05/2004.  It has the lowest corporate tax rate in the E.U.; a macro-economic stability with successful economic performance; efficient legal, accounting and banking services; a strategic location in the eastern Mediterranean Sea; advanced telecommunication networks and infrastructure; highly qualified and multilingual labour force and a blue sky with over 300 days of sunshine per year.

That is why during the past 30 years Cyprus became an important international business and shipping centre.  Today it is the home of more than 100 shipping companies and more than 1.000 international business companies (with fully staffed offices), which all together make a significant contribution to the national gross domestic product.

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