The island offers significant tax incentives with the
27 double taxation treaties it has entered into with countries around
the world.
The trust concept is widely used in Cyprus by many
foreign individuals in tax planning schemes.
The island’s unique geographical position, its most
efficient telecommunications network and the high educational background
of people have persuaded many foreign companies to make Cyprus as their
principal business base.
The island’s prospects of joining the European
Union make it all the more expedient to learn about the new plans made
to adopt the acquis communautaire.
The existence of the Cyprus Stock Exchange will give foreign
investors an unmissable opportunity to make good investments in a strong
economy.
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