Relocating your business can be a stressful and risky option to consider. However, it can also be the best option you ever had especially when it comes to lower your costs, taxes or even take the opportunity to enter a new market. Cyprus is certainly one of the countries you should explore for relocation and here’s why:
- Geostrategic location offering market access to 500 million EU consumers and as well as MENA region.
- Fast Track Procedures for Licensing & Immigration for non-EU nationals.
- Access to tech-savvy EU talent pool and a well-educated, highly skilled and multilingual workforce.
- Attractive EU-approved corporate tax environment with favourable IP regime as low as 2.5%
- Low-cost business operations for high-quality professional services.
- Attractive lifestyle in a safe and healthy environment with high living standards.
- Pro-business attitude, strong regulatory framework, legal system aligned to the UK common law.
- Income tax incentives for expat executives and new tax residents of Cyprus.
Source: InvestCyprus