Ten reasons to start your business in Cyprus

EU and eurozone

Cyprus is one of the 27 European Union member states and member of the Economic and Monetary Union countries.

Strategic position

Cyprus is situated in the eastern part of Europe at the crossroads of three continents, Europe, Africa and Asia.


Cyprus offers one of the most attractive tax systems in Europe.

Human resources

2011 statistics data show that 33.6% of Cypriots aged from 15-64 have acquired tertiary education.

Value in Investment

Cyprus is a dynamic business center offering relatively low operational costs.

Legal framework

Cyprus entrepreneurship is performed based on customary law, accounting and legal transparency.

Services High Level

The service sector contributes around 80% of GDP and employs about 74% of the active workforce.

Ease of Entrepreneurship

Cyprus has developed into an international business center that offers quality specialised services and rewards to business opportunities.

Quality of life

Cyprus offers a wonderful environment with a comfortable standard of living.

Residence and Citizenship in Cyprus

Non-EU residents have the opportunity to obtain a permanent residence permit to purchase a private home.