If you are looking for the lowest corporate tax rate available in Europe, look no further than the Country of Cyprus.

What makes Cyprus an ideal offshore banking and tax haven location? This small country is famous for being one of the least taxed nations in the entire world, and has the least amount of taxes out of the entire twenty five European Union member states. This makes it a highly attractive offshore center when it comes to incorporation, running a business, or banking. Also the country is highly reputable for being well regulated, which means your investments are very safe in Cyprus.

With over 17000 offshore IBC companies located in this nation, there is no shortage of financial institutions to choose from. In addition to this, setting up business or incorporating in Cyrpus is very beneficial as expatriates do not have to pay any taxes on income derived outside of its borders, and pensioners only have to pay a minimum of five percent tax on their income.

Roughly half the size of Connecticut, Cyprus is a Middle Eastern Island located in the Mediterranean Sea South of Turkey, that covers 5550 sq. miles.

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