Cyprus has been acknowledged as the ’Best fiscal location for Holding management in Europe’ through a successful run and developement of the local tax system and services industry ever since its accession to the EU in 2004. Cyprus has always been an excellent location for holding companies for a host of reasons that include its transparent legal system,excellent communications and world-class professional and banking services.

The development of Cyprus as a business centre has consistently been amongst the priorities of the Government of Cyprus; a combination of numerous favourable factors, have contributed decisively to the development of the island as an established international business and financial center and made it one of the most attractive places for businessmen across the globe.