Cyprus for Fintech Business Owners
Cyprus for Fintech Business Owners
Cyprus has grown as a favored location for fintech companies, largely due to its competitive corporate tax rates, innovation-friendly regulations, and established financial services infrastructure. The supportive regulatory environment makes Cyprus a natural choice for fintech firms looking to operate in or serve the EU market.
Key Benefits
Financial Licensing
The Cyprus Securities and Exchange Commission (CySEC) provides a well-regarded regulatory framework for fintech businesses, facilitating access to EU markets under MiFID II.
Corporate Tax & Licensing Fees
Low tax rates and reasonable licensing fees make Cyprus a cost-effective base for fintech.
EU Passporting
With an EU base in Cyprus, fintech companies can offer services across the EU under passporting regulations.
Innovation Support
The government supports fintech innovation, providing opportunities for grants and incentives.