Shanghai World Expo 2010, CYPRUS PAVILLION: CIPA-Asian Businesses and Investor Event May 05, 2010

Annual General Assembly, Hilton Park, Nicosia Apr 28, 2010

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Amdocs: Research and Development Centre in Cyprus

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Cyprus at a glance

Cyprus at a glance

According to the 2008 Country Report, Dun and Bradstreet ranks Cyprus with a rating of “DB2d”. The Report indicates that besides the entry into the Euro-zone, the investment landscape in Cyprus is preferable due to the following factors: benign investment climate benefits; the island’s strategic location; a well-qualified labor force and a reliable telecommunications system.

Additionally, the Report points out that if the “good prospect” continues to exist, “it will move the risk indicator toward the higher end of the DB2 category” before 2008, matching the ratings of France, Ireland and UK and making Cyprus an even more attractive destination for investment. Pertaining to the double taxation regime, the Report indicates the treaties Cyprus has signed with 43 jurisdictions. This development allows investors to register their companies in Cyprus while operating abroad, consequently enjoying the low 10% corporate tax — the lowest in EU — that is here to stay.

Documents

Dun & Bradstreet Country Report 2008

Basic Facts

...« Strange, I can see it here, the light of the sun, the gold net where things are quivering like the fi shes which a great angel draws together with the nets of the fishermen »... From the poem “Ayia Napa” by George Seferis Nobel Prize Laureate - 1963 – Literature A GLIMPSE OF CYPRUS Cyprus, the third largest island in the ...

Business Environment

There are many elements that contribute to making Cyprus an attractive environment for doing business. These include the strategic location, the sophisticated infrastructure, the highly-educated workforce, the favourable tax system, and the modern banking and insurance networks. All these, coupled with the comparatively low operating costs, the high standard of living and the countless other ...

Economic Environment

Cyprus has a record of successful economic performance, reflected in rapid growth, full employment conditions, external and internal stability, almost throughout the post-independence period. This can be largely attributed to the sound macro-economic policies of successive governments, the adoption of a market-oriented economic system, and a well-educated, dynamic and flexible ...