Sectors

Film Production

Cyprus is claiming a stake in the international film industry by providing the right incentives to maximise its untapped potential as a competitive and versatile filming location.

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Insights
Philippos Raptopoulos

Philippos Raptopoulos

Partner and Head of Tax and Legal Services, EY Cyprus

Cyprus needs a robust, efficient and fair business tax framework that supports the post-Covid-19 recovery and is fully aligned with the expected legislative changes. In other words, this is the time to launch the process for a tax reform.

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Editor's Choice
Cyprus 5th among EU countries in progress achieved on research and innovation

Cyprus 5th among EU countries in progress achieved on research and innovation

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COUNTRY OVERVIEW

An Island Transformed

Cyprus is going through exciting times of growth and development thanks to a renewed boost in confidence with foreign investors flocking back to its shores, attracted by the improved economic climate, large-scale projects and bourgeoning prospects in the real estate, investment fund and energy sectors.

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  • Cyprus at a Glance

    Key facts and figures about the country, geography, people, government and economy plus public holidays.

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  • Country & People

    Vibrant business centres and tranquil villages; traditional values and cosmopolitan lifestyle; sun-kissed beaches, fertile valleys and snowy mountains: Cyprus is a land of contrasts with many faces.

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  • Economy Overview

    Following the banking crisis of 2013, Cyprus exceeded expectations and propelled itself into a front-runner as one of the fastest growing EU economies.

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  • Foreign Direct Investment

    Cyprus has attracted formidable foreign investment over the last five years with billions of euros flowing into multiple sectors.

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Cover of Country Report 2019
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Cyprus Investment Funds Guide 2022-2023

Cover of Country Report 2019

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