SUITABILITY OF CYPRUS

• Existence of perfect postal (Datapost/Intelpost) telephone, including GSM facilities, telefax (facsimile) and datel communications. 

• Well organised professional services of any kind, such as lawyers, auditors, management firms etc.

• Good industrial relations

• Minimum of red tape

• Law and other prevailence

• Favourable legal system based on English law

• Geographic position, excellent climate and pleasant living conditions

• Good air connections (3 hours from Europe and 2 hours from the Arab Gulf)

• Relatively low cost of living

• High quality hotels, houses and offices

• European standard of living

• Availability of foreign schools

• Excellent banking services, based on the English banking system

• Freedom of movement of foreign currency

• Existence of double taxation treaties with a number of countries (43)

• Possibility of legalisation of documents through the Cyprus Chamber of Commerce and Industry

• Possibility of Membership of the international business company in the Chamber of Commerce and Industry

• existence of all major courier services