George Y. Yiangou L.L.C | Advocates - Legal Consultants Fri - Sep 19, 2014 Home Our Firm Areas of Practice Business in Cyprus Firm Members News & Publications Gallery Contact Us Send to a friend Print this page Business in Cyprus Cyprus is strategically situated to serve the most valuable trading position between Europe, Asia and Africa. Cyprus enjoys a stable socioeconomic infrastructure and it promotes both national and international trade and commerce. Cyprus became a member of the EU on 1st May 2004 and thus the limitations related to the minimum level of investment and foreigners' participation percentage have been abolished. The end result is a modern and thriving economy and a perfect gateway for businesses to penetrate and explore new markets. Cyprus has developed a significant number of bilateral treaties for the avoidance of double taxation with over 47 countries, ensuring that the same income is not taxed in more than one country. Cyprus is in the stage of negotiating the conclusion or awaiting ratification of Double Taxation Agreements with several more countries. Additionally and most importantly Cyprus offers great tax incentives due to its favourable tax regime which has the lowest fixed corporate tax rate (10%) in the European Union and a very competitive V.A.T. rate (15%) together with all the additional benefits provided by the Cyprus tax law in relation to Dividends, Interest and Royalties. Therefore, Cyprus is the ultimate international business centre for investors who wish to expand to Europe, Africa or Asia and who want to take advantage of Cyprus favourable tax regime. Please use the Navigation links to the right of this page for further information. NAVIGATION About Cyprus Investing in Cyprus Useful Links QUICK LINKS News & Publications Cyprus experienced a rapid and intense economic growth in the last few years and especially after its accession to the EU.. Business in Cyprus Cyprus is strategically situated to serve the most valuable trading position between Europe, Asia and Africa. Contact Us 12-14 Kennedy Avenue, Kennedy Business Centre 2nd Floor, Office 203, P.O.BOX 24293 CYPRUS COMPANIES Formation of Companies BUSINESS IN CYPRUS About Cyprus Investing in Cyprus Useful Links SERVICES Litigation Corporate, Banking and Finance Formation & Administration of Companies Tax Planning Accounting International Debt Collection NEWSLETTER Leave your e-mail and join our newsletter! Home Our Firm Areas of Practice Firm Members Contact Us Sitemap Welcome to GEORGE Y. YIANGOU LLC website, By using this website you are deemed to have accepted these Terms and Conditions. We reserve the right to update and modify the Terms and Conditions at any time without prior notice. Read more... © 2014 George Y. Yiangou L.L.C. All Rights Reserved Powered by Design by ideaseven.com Contact Us Today! www.gyiangou.com go to our contact page.