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Cyprus's Pull Factors for Foreign Investors

Written by: Bridgewest

Cyprus-Pull-Factors-for-Foreign-Investors-1.jpgCyrus offers a good business environment to foreign investors. The country has several characteristics that act as “pull factors” for any entrepreneur. Cyprus is constantly improving its policies and has excellent long-term growth potential. Foreign investors who are interested in opening a company here can request the services of our company registration experts in Cyprus.
 

Favorable factors

 
Cyprus offers many advantages for entrepreneurs who want to have a European-based company but run it with lower costs than in the rest of the western countries. The excellent business environment in the country is second only to its geographical location which encourages businesses from various markets to set up a company here.
 
Among Cyprus’s advantages for foreign investors we can list:
- competitive tax system;
- modern infrastructure;
- educated and English-speaking workforce;
- good quality of life. 
 
The Cypriot Government has been taking steps towards encouraging various types of business activities in the country and also towards modernizing its legal and regulatory framework. Future plans for a Science and Technology Park will further encourage investments in the research, technology and innovation field.
 

Cyprus's Strategic location

 
Cyprus is an island that basses a large part of its attractiveness for investors on its good geographical location. It provides an excellent gateway towards important markets: the European one but also the one in Middle East and Africa. Its strategic place in the Eastern Mediterranean has influenced its destiny and economic relations. 
 
Cyprus is also a member of the European Union and the Eurozone which means that foreign investors from other EU countries can benefit from various directives like the Parent-Subsidiary Directive.
 
A number of double tax treaties between Cyprus and other countries worldwide guarantee that foreign investors who do business in both of the signatory states are not taxed twice on the same income.
 
If you would like to know more about investing in the country, the possibilities for development and or how to open a company in Cyprus, please contact our company registration specialists
 

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