WHAT ARE THE USES OF A VIRTUAL OFFICE?

Expanding your business to another country is expensive. In addition to office rentals, utility bills, employees, bank guarantees and deposits, the challenge of becoming profitable in the recession can sometimes be a risky proposition. But with a Virtual Office, you can save yourself up to 90% compared to actually having a physical presence.

WHERE IS CYPRUS LOCATED?

Cyprus is located on an island in the Mediterranean, strategically located between the continents of Europe, Asia and Africa. Its perfect geographic location has played an important role in development of Cyprus as a financial and commercial centre.

FASTEST GROWTH AREAS OF CYPRUS

Financial and legal services are among the key areas of economy of Cyprus that develop fastest. Tourism and shipping also play a significant role in the economy of Cyprus.  Its location, at the crossroads of shipping routes between Europe, Middle East and North Africa makes Cyprus the most important transit centre in the Mediterranean.

CYPRUS IS PART OF THE EUROPEAN UNION

A substantial event in modern history of Cyprus was its accession to the European Union (EU) in 2004. The related harmonisation of financial and tax legislation in accordance with the EU norms is an important advantage that opens new opportunities for business people working through and with Cyprus companies.

CYPRUS CURRENCY IS THE EURO

Cyprus is a member of the United Nations (UN), the British Commonwealth and other international organisations.

From 1 January 2008, the official currency of Cyprus is Euro (EUR).