Business Relocation in Cyprus
Cyprus presents an enticing relocation destination, offering businesses and individuals access to an EU territory and a favorable tax regime. With a corporate tax rate of 12.5% and various incentives, companies can quickly commence operations and benefit from a secure legal framework aligned with the EU. The relocation benefits extend to sectors like high-tech, shipping, pharmaceuticals, and innovation. Employment requirements include a minimum monthly salary of €2,500 and a two-year contract. The strategic location, coupled with tax advantages and a high quality of life, positions Cyprus as an attractive choice for those seeking relocation opportunities.