Be continuously informed of opportunities for gaining competitive advantage

Deluxe News Pro - Copyright 2009,2010 Monev Software LLC

Cyprus Companies

Cyprus is a bridge between East and West, along with its educated English-speaking population, moderate local costs, good airline connections, and telecommunications.

Since gaining independence from the United Kingdom in 1960, Cyprus has had a record of successful economic performance, reflected in strong growth, full employment conditions and relative stability. The underdeveloped agrarian economy inherited from colonial rule has been transformed into a modern economy, with dynamic services, industrial and agricultural sectors and an advanced physical and social infrastructure.

The overall freedom to start, operate, and close a business is relatively well maintained within the regulatory framework. With no minimum capital requirement, it takes only one week to launch a company. Relatively flexible labor regulations facilitate employment and productivity growth. Inflation is under control.

Cyprus can be used for establishing an International Business Company for legally transferring profits out of high tax jurisdictions. Cyprus Companies can act as intermediary for trading goods between two other countries or even act as holding companies gaining from the low tax and tax advantages derived from the Double Taxation Treaties signed with more than 44 countries.

The Holding International Business Companies operating from Cyprus are now in a much more beneficial position because they can enjoy the benefits deriving from the tax exceptions as well as the corporate tax.

© 2012 Exertus Services Ltd, All Rights Reserved. Made by Orasi