Monday, June 7, 2010
WHY IS CYPRUS MARKET ATTRACTIVE FOR COMPANIES?
Company Incorporation Cyprus is an attractive option, as the island has double-taxation treaties with over 30 other countries, including most of the high-tax countries in Western Europe, and many states in Central and Eastern Europe. As a low-tax centre, this makes Cyprus a particularly effective location for companies aimed at emerging markets. On top of this, the economy is strong and stable, and business costs are generally low. Since 2008 Cyprus adopted the Euro as it's national currency, repalcing the Cypriot pound.
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