The New Force in Global Commerce

Global Finance, July/August 2007 | Go to article overview

The New Force in Global Commerce


With its accession to the EU, Cyprus is now the ideal gateway for EU inbound and outbound investment, complimenting the longstanding and traditional links that Cyprus has with Central and Eastern Europe, the Middle East, Russia, India and China.

Accession to the EU was a natural choice for Cyprus, dictated by its culture, civilization, history, European outlook and adherence to the ideals of democracy, freedom and justice.

With its strategic location at the crossroads of three continents, excellent commercial infrastructure, efficient legal and administrative procedures, low operating costs, high level of professionalism, political stability, favorable tax incentives with the lowest corporate tax in the EU of 10% and no withholding tax, cutting edge telecommunications, European-level standard of living, and airlinks to all major destinations, it is no wonder Cyprus has long enjoyed a reputation as an established and reputable international financial center, favored Corporate Holding Jurisdiction and a telecommunications node as well as a major tourist destination.

Cyprus is now one of the most respected EU jurisdictions, with a legal framework in line with EU and OECD requirements. As such, it is not identified with countries engaged in harmful tax practices or with non-cooperative countries. Cyprus has maintained a balance so that the creation of a favorable commercial environment, offering straightforward registration procedures, constructive administrative measures and an impressive range of double taxation treaties, has not disturbed the impeccable reputation enjoyed by all international businesses on the island.

Every modern business requires all-round expertise and Cyprus offers a wealth of qualified professionals who can provide advice and assistance across the entire spectrum of modern business and investment with labor costs that remain significantly lower than the EU average.

Cypriot business professionals' broad knowledge and understanding of the markets of Eastern Europe and the Middle East, combined with the existence of a large number of International Business Companies in Cyprus, constitutes a substantial advantage for those who decide to use Cyprus as a base for penetrating regional markets. …

The rest of this article is only available to active members of Questia

Sign up now for a free, 1-day trial and receive full access to:

  • Questia's entire collection
  • Automatic bibliography creation
  • More helpful research tools like notes, citations, and highlights
  • Ad-free environment

Already a member? Log in now.

Notes for this article

Add a new note
If you are trying to select text to create highlights or citations, remember that you must now click or tap on the first word, and then click or tap on the last word.
One moment ...
Default project is now your active project.
Project items

Items saved from this article

This article has been saved
Highlights (0)
Some of your highlights are legacy items.

Highlights saved before July 30, 2012 will not be displayed on their respective source pages.

You can easily re-create the highlights by opening the book page or article, selecting the text, and clicking “Highlight.”

Citations (0)
Some of your citations are legacy items.

Any citation created before July 30, 2012 will labeled as a “Cited page.” New citations will be saved as cited passages, pages or articles.

We also added the ability to view new citations from your projects or the book or article where you created them.

Notes (0)
Bookmarks (0)

You have no saved items from this article

Project items include:
  • Saved book/article
  • Highlights
  • Quotes/citations
  • Notes
  • Bookmarks
Notes
Cite this article

Cited article

Style
Citations are available only to our active members.
Sign up now to cite pages or passages in MLA, APA and Chicago citation styles.

(Einhorn, 1992, p. 25)

(Einhorn 25)

1

1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

Cited article

The New Force in Global Commerce
Settings

Settings

Typeface
Text size Smaller Larger Reset View mode
Search within

Search within this article

Look up

Look up a word

  • Dictionary
  • Thesaurus
Please submit a word or phrase above.
Print this page

Print this page

Why can't I print more than one page at a time?

Full screen

matching results for page

Cited passage

Style
Citations are available only to our active members.
Sign up now to cite pages or passages in MLA, APA and Chicago citation styles.

"Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn, 1992, p. 25).

"Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn 25)

"Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences."1

1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

Cited passage

Welcome to the new Questia Reader

The Questia Reader has been updated to provide you with an even better online reading experience.  It is now 100% Responsive, which means you can read our books and articles on any sized device you wish.  All of your favorite tools like notes, highlights, and citations are still here, but the way you select text has been updated to be easier to use, especially on touchscreen devices.  Here's how:

1. Click or tap the first word you want to select.
2. Click or tap the last word you want to select.

OK, got it!

Thanks for trying Questia!

Please continue trying out our research tools, but please note, full functionality is available only to our active members.

Your work will be lost once you leave this Web page.

For full access in an ad-free environment, sign up now for a FREE, 1-day trial.

Already a member? Log in now.