Business climate in Cyprus
Cyprus ranks #38 of 54 on the overall business climate (score 50). Its strongest suit is business taxes, followed by momentum; the weakest is energy prices.
| Driver | Score | Rank | Measures |
|---|---|---|---|
| Red tape and ease of doing business | 46 | #46 of 54 | Regulatory framework (World Bank B-READY 2025): 70 (2025); Business entry (B-READY): 82 (2025); Public services for business (B-READY): 61 (2025); Days to start a business (Doing Business): 6.00 (2017); Procedures to start a business (Doing Business): 5.00 (2017); Ease of doing business rank (Doing Business, 1 = easiest of 190): 53 (2017) |
| Rule of law and legal certainty | 48 | #36 of 54 | Liberal democracy (V-Dem): 0.66 (2025); Corruption perceptions score (higher = cleaner): 55 (2025); Strength of legal rights for borrowers and lenders: 7.00 (2017); Dispute resolution (B-READY): 50 (2025) |
| Taxes on business | 81 | #8 of 53 | Corporate income tax rate (headline): 13 (2026); Total tax and contribution rate on commercial profits: 23 (2017); Taxation administration (B-READY): 55 (2025) |
| Cost of capital | – | – | Access to finance (B-READY): 65 (2025) |
| Energy prices for business | 0 | #30 of 31 | Business electricity price (Eurostat, 500-1,999 MWh a year): 0.24 (2025) |
| Growth momentum and investment trend | 53 | #18 of 53 | Real GDP growth, average of the last five years: 6.29 (2025); Growth trend: last three years against 2015-2019: -1.80 (2025); Foreign direct investment, net inflows: -63 (2023) |
Countries with a similar profile
Hong Kong · 
Iceland · 
Israel · 
Albania
Find the best business sites in Cyprus
Open the mapSources as on the business-climate table. Nestlyzer scores each measure 0–100 between the 5th and 95th percentile of the countries it covers. How the method works.