Cyprus has been a full member of the EU since 2004. It enjoys an international reputation for its favourable tax regime and its ideal geographical position as the island connects Europe with the countries of the Middle East and Africa.
Cyprus provides a complete range of facilities for the conduct of commercial, professional, financial and maritime activities worldwide. International business Companies incorporated in Cyprus enjoy a low tax regime (from zero to 12.5%), a wide network of Double Tax Treaties, excellent infrastructure (legal and economic), high level of professional services and the respectable status of the Cyprus registered entity. The island is considered to be a primarily offshore and international business centre among approximately 50 countries offering facilities for these purposes.
With a population of approximately 850,000 people, Cyprus is ranked among the leading four countries in the world as to the proportion of university graduates to the population. A great number of qualified and experienced professional, technical and clerical staff with fluency in foreign languages (mainly English and Russian) is always available for employment at reasonable remuneration.
More information about the reasons to invest in Cyprus at: http://www.cipa.org.cy/cyprus-investment-promotion-agency/