Why should I choose Cyprus to establish my company?

-Cyprus is a low tax country, without being blacklisted or considered a tax heaven country;
-Cyprus, as a member of the European Union, enjoys a high degree of respect;
-The corporate income tax on net profits after deducting business expenses amounts to 12,5%;
-Capital allowances available;
-Foreign employees working outside Cyprus do not pay income tax while at the same time receiving their salary through Cyprus;
-No contributions to local security schemes are payable in respect of foreign employees;
-Cyprus possess a wide network of double tax treaties;
-No exchange control regulations;
-Residence and work permits can easily be obtained for expatriate personnel and their dependants;
-No withholding tax on dividends, royalties or interest paid to non residents;
-Excellent banking services;
-Common Law system;
-Easy accessibility by air or sea;
-Strategic location;
-Low professional costs;
-Low costs for the set-up and the administration of companies;
-Complete anonymity of shareholders;
-Nominee services available;
-English and Russian languages widely used;
-Highly qualified professionals.

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