Cyprus is quickly becoming a top destination for businesses looking for access to over 500 million consumers and proximity to the MENA region. The island boasts essential resources and infrastructure necessary for the setting up of businesses with numerous international corporations choosing Cyprus for their global or regional headquarters, viewing it as a stronghold in the Eastern Mediterranean region and beyond.
Cyprus's stable financial climate and tax-friendly system have established it as a preferred destination for structuring investments in Africa, the Middle East, and Europe. Corporate structuring in Cyprus continues to be a prominent area of expertise where Advisors specialising in taxation and corporate affairs are establishing various types of Cyprus-based companies to facilitate investments in significant global markets.
Cyprus's tax system is arguably one of the most attractive and transparent in Europe, and is fully aligned with the laws and regulations of the EU. This makes it an ideal location for foreign companies to set up their headquarters, benefitting from the country's membership in the European Union and the free movement of goods, capital, and services it provides.
Cyprus's tax advantages extend to both local companies and foreign corporations that select Cyprus as their base of operations. Choosing Cyprus as the location for headquartering provides several tax advantages, thanks to the country's favorable tax system.
At Savva and Associates, we offer comprehensive advice and services for all stages of company formation, from start-ups to large corporations. For more information, please contact us via email at info@savvacyprus.com or call our office on +357 22 516 671 and an advisor will be in touch with you.