Cyprus Holding Company

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The country’s attractiveness as a holding company location lies in the fact that Cyprus has a robust, market economy supported by a stable democracy and driven by a diverse, well-educated workforce, along with excellent telecommunications and infrastructure and, most importantly, the lowest corporate tax regime in the EU.

Some non-tax considerations in choosing Cyprus to set up a holding company include:
  • Cyprus lies at the eastern-most corner of the European Union and has been considered for centuries a trade centre between Europe, Asia and Africa;
  • Cyprus has a young, well-educated workforce;
  • Due to the efficient highway network, the extensive port facilities and the new international airports, travelling to and within Cyprus is fast, practical and economical;
  • The common banking practice and the legal framework are based on the UK model
  • English is well spoken as the working language;
  • The tax system of Cyprus is fully compliant with EU requirements and with the OECD requirements against harmful tax practices;

The major legal and tax considerations that a multinational group could benefit by setting up holding companies in Cyprus can be found in our publication.

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