Cyprus: A Popular Jurisdiction for eGaming Companies
Cyprus boasts a well-established and advantageous tax system, making it a preferred jurisdiction for setting up service companies. Businesses must adhere to the relevant regulations and requirements in both Cyprus and the respective jurisdiction, including obtaining any necessary licenses and permits.
Several factors make Cyprus an appealing choice for eGaming companies:
In summary, the combination of a favourable tax regime, EU membership, a skilled workforce, strategic location, and modern infrastructure makes Cyprus an ideal location for eGaming companies seeking to establish a European presence.
A typical Cypriot service company can engage with payment service providers that require an EU-based company, EU consultants/employees, or marketing services.
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