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Cyprus is the premier hub for international business opportunities in the Mediterranean and one of the top venues for establishing businesses across Europe. Cyprus has been a member state of the European Union since 2004.
Unlike other international financial centres, Cyprus boasts an impressive list of double tax treaties, which can be fundamental to tax planning and business establishment. In addition, Cyprus offers a remarkable infrastructure for businesses looking to set up an on-the-ground presence there. As a British dependency until independence in 1960, Cyprus benefited from a legal system based on English common law, and judges looked to the courts of England and Wales for precedent and reasoning when deciding cases.
