Gold Magazine June - July 2013, Issue 27 | Page 101
More than just a holiday destination with
pristine white beaches and 300 days of sun
shine, Cyprus can also cater to your business
needs ranging from registering and setting
up your company’s operations to managing
your EU, North African and Middle Eastern
clients at a considerably lower cost.
As well as being an EU country and a mem
ber of the European Monetary Union since
2008, Cyprus enjoys a competitive corpo
rate tax rate. Cyprus belongs to those juris
dictions on the OECD White List which have
substantially implemented the internation
ally agreed tax standard.
In addition to this, Cyprus provides efficient
business services, has a transparent legal
and regulatory system and is committed to
sustainable growth.
Cyprus welcomes both visitors and investors
to work here, so, if you are searching for
a new business base, consider Cyprus. It’s
more than just beaches and sun.
Cyprus Investment
Promotion Agency
Tel + 357 22 441133
Fax + 357 22 441134
www.cipa.org.cy
[email protected]
Ministry of Commerce,
Industry & Tourism
Trade Service
Tel: + 357 22 867100
Fax:+ 357 22 375120
www.mcit.gov.cy/ts
[email protected]
“Columbia’s growth and expansion
over the years is attributed to the
uniqueness of Cyprus; being the island’s strategic position at the crossroads of three continents, its comprehensive legal framework, double tax
treaties regime, communication system, banking system, infrastructure in
general and last but not least its highly
educated labor force.”
Captain Dirk Fry, Managing Director
Columbia Ship Management Ltd
“The favorable business climate, the
excellent
telecommunications
infra-
structure, the well educated and skilled
human resources, the favorable tax
rates and the proximity to the Middle
East and Africa markets, were some of
the key factors that enabled NCR to decide to move its regional offices to Cyprus in the 80’s. Gradually, NCR managed to expand the office in Cyprus to
cover also all the African Countries.”
Managing Director of NCR Cyprus,
Mr. George Flouros