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Tonia Antoniou, Partner at Michael Kyprianou & Co. LLC, discussed in an interview within Kathemerine’s special edition, the benefits of Cyprus as a favourable corporate EU jurisdiction, why it is favourable to foreign investors, where there is room for improvement and its continuous development as an international business centre.
Tonia particularly notes that “Cyprus offers leverage from an attractive network of double tax treaties with more than 60 countries, offers a platform to EU taxation directives, while it also provides numerous taxation motives for new businesses - start-ups and for tax-residents that do not reside in Cyprus, as non-domicile tax residents. “
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