Open Daily: 10am - 10pm | Alley door pickup 10am - 7pm 3038 Hennepin Ave Minneapolis, MN
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  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Cyprus: Investment Climate Statement 2015

Cyprus: Investment Climate Statement 2015

Penny Hill Press
United States Department of State

Paperback

Business GeneralSocial Movements

ISBN10: 1532752377
ISBN13: 9781532752377
Publisher: Createspace
Published: Apr 15 2016
Pages: 34
Weight: 0.23
Height: 0.07 Width: 8.50 Depth: 11.02
Language: English
The Republic of Cyprus'(ROC) favorable climate towards foreign investment is derived from its strategic geographic location, low corporate and personal tax rates, its 55 double taxation avoidance treaties (including the United States), excellent telecommunications and transportation infrastructure, and its highly-educated English-speaking labor force. A good but unintended consequence of the 2013 financial crisis is that Cypriot businesses are actively pursuing foreign investors for projects that span from expanding and broadening tourism-related infrastructure to the modernization of the ports, as well as opportunities to invest in the banking sector. In most sectors, both local and foreign investors may establish a business in Cyprus with equal benefits.Turkish Cypriots welcome foreign investment and are eager to attract investments that include the potential of transferring of advanced technology and technical skills. Priority is also given to investments in export-oriented industries. The Turkish Cypriot Investment Development Agency (YAGA) is a one stop shop for all investors.

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