Cyprus is a low tax jurisdiction and not a "tax haven" as it is in full compliance with the EU Directives and OECD Guidelines. The island has been included in the OECD "white report" as being one of the jurisdictions which have substantially implemented the international agreed standard. Being featured on the "whitelist" by this leading international organization is a major triumph for Cyprus's perseverance in providing a sound and reputable environment from which international business can easily operate from.
Added commercial Value and cash flow benefits due to the ability to register for EU VAT in the Cyprus jurisdiction. Cyprus can be used as a gateway to EU trading.