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Commercial Benefits

  • Membership of European Union as from 1 st May 2004

  • Anonymity of the beneficial owners of a company

  • Availability of English speaking schools
    High quality standards of professional services

  • Excellent telecommunication system

  • Freedom from exchange control

  • High standard of banking system

  • Strategic geographical location being at the cross-roads of Europe, Asia & Africa

  • No formalities are present for obtaining work permits for EU citizens

  • Provision of professional services at competitive & reasonable prices

  • Low operating costs

  • Pleasant climate being an island in the northeastern basin of the Mediterranean Sea

  • High level of standard of living

  • Low crime level

  • English language is widely spoken

  • Excellent health care system

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