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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