Cyprus has been a full-fledged member of the European Union since 2004, and the eurozone since 2008. It has a stable tax legislation and a positive international reputation.
This jurisdiction causes interest among investors due to one of the lowest corporate tax rates in Europe and due to stable corporate legislation.
Holding companies have a particularly favorable tax regime.
The received dividends are not subject to income tax.
Jurisdiction has more than 60 agreements in order to avoid double taxation and has favorable opportunities for conduct of real business.