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Most Attractive Investment Industries in Cyprus

Updated on Wednesday 27th April 2016

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Most_attractive_investment_industries_in_Cyprus.jpgInvest in Cyprus

 
At a first glance, the three most significant advantages for investing in Cyprus are its strategic location, its legal system which is compliant with the EU legislation and its attractive and efficient tax system. Foreign investors who choose to open companies here will oftentimes decide to live in Cyprus because it offers much more than just investment opportunities, it also offers an enviable lifestyle. 
 
Cyprus offers many attractive investment industries, but there are certain key industries that stand out and are more profitable for investors. If you want to invest in Cyprus, our company formation experts in Cyprus can give you all the necessary details.
 

The financial services and banking sectors

 
Numerous Cypriot companies and international corporations have opened units that offer financial and banking services. The financial sector includes domestic banks, international branches, insurance companies and many others that offer financial intermediary services. Because of its business friendly tax system, Cyrus is a competitive financial center.
 

The shipping sector

 
Import and export activities are an important part of the country’s economy. Cyprus enjoys a very good geographical position in Europe and it is a good location for shipping-related services. Also, the registration fees for ships are competitive and the country has signed bilateral agreements of cooperation for merchant shipping with numerous countries.
 

The tourism sector

 
Cyprus is a beautiful country and many tourists pick it as their summer vacation destination. Moreover, Cyprus is also a medical tourism destination and this touristic branch is developing rapidly. Foreign investments are numerous in this sector, as they are throughout the hospitality industry.
 
Other attractive investment sectors in Cyprus include the information and communication technologies sector, the research and development sector which enjoys the support of the Cypriot Government, the education sector or the professional services sector including, but not limited to, accounting services or legal services.
 
If you want to open a company in Cyprus or need any kind of assistance and counselling for doing business in Cyprus, our Cypriot company incorporation specialists can help you with the necessary information. 
 
 

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