Cyprus’ competitive advantages are significantly enhanced by a robust and
transparent legal and regulatory framework and an attractive tax regime, which
offers a wide range of incentives and benefits both for legal and natural persons.
The country’s legal system, based on English Common Law principles, is widely
recognised as a business-friendly and effective system that ensures transparency
and reliability in business practices. Providing foreign businesses, a familiar and
reliable framework within which to operate, Cyprus’ legal system is also fully
compliant with the EU, the Financial Action Task Force on Money Laundering
(FATF), OECD, FATCA, the Financial Stability Forum laws and regulations and
EU AML directives.
Moreover, Cyprus offers an attractive and transparent tax regime, fully compliant
with EU, OECD and international laws and regulations. Providing access to an
extensive network of more than 60 Double Tax Treaties, and maintaining a
corporate tax rate of 12.5%, one of the lowest in the EU, Cyprus offers
international investors and domestic businesses confidence to invest, grow and
prosper.
