20/02/2014: Cyprus – still a good place to do business in!

20/02/2014: Cyprus – still a good place to do business in!

According to the World Bank’s Doing Business Report 2014, Cyprus ranked 39th among 189 countries.

The Doing Business report aims to evaluate participating countries on ten indexes affecting and related to the ‘lifestyle of a business’, meaning from the moment of a company’s registration until the end of its operations.

The report’s results are based on analysis of data collected from questionnaires answered by correspondents of the private and public sectors in participating countries.

In a total of ten category rankings, Cyprus improved its position in three, kept its rating in one and marked losses in six. The main issue identified was the need to simplify procedures and update the structures and practices as well as high level of bureaucracy.

Investment Opportunities

Please find brochures produced by the Cyprus Investment Promotion Agency (CIPA) is a registered not-for-profit company limited by guarantee and fully funded by the Government of Cyprus with the aim of encouraging investment in Cyprus, that provide additional information about the benefits of Cyprus. In document CYPRUS FOR FUNDS, you can read about:

 

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  • Cyprus: Solutions in a Changing Fund Industry
  • Cyprus: The Location of Choice For The Domiciliation and Administration of Investment Funds
  • Cyprus: The Location of Choice For Asset Management Companies
  • Taxation in Cyprus

In document, Cyprus – Invest with confidence, CIPA gives the current overview on the investment situation on the Island. This report shows you key benefits of Cyprus as a location for your investments, clearly describing reasons.In “Cyprus – Invest with confidence” you can read about:

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  • Reasons to Invest in Cyprus
  • Glimpse of Cyprus
  • European Union Membership
  • Cyprus: A Low Risk Market Economy
  • Robust Legal & Regulatory System
  • Favorable Tax System
  • Double Taxation Agreements
  • An Enviable Lifestyle
  • Banking & Financial Services
  • Investment Funds Centre of the Region
  • Shipping
  • Energy
  • Information and Communication Technologies
  • Professional Services
  • Education
  • Health Services
  • Cyprus Investment Promotion Agency (CIPA)

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