Cyprus is a democratic and independent country situated in the Eastern Mediterranean, strategically located at the crossroads of three continents. It is a member of the European Union and the United Nations.
The island has an excellent telecommunication network, both in terms of fixed and GSM telephony, as well as internet access. The legal system is based on the United Kingdom and many business laws are available in English.
Key Facts about Cyprus
| Population | 856.960 (October 2011 Govt. Statistics) |
| Languages | Greek and English |
| Type of law | Common Law |
| Capital | Nicosia (Lefkosia) |
| Time Zone | GMT +2 |
| Daylight saving time | +1hr, begins last Sunday in March, ends last Sunday in October |
| Fiscal year | Calendar year |
| Currency | Euro |
| Calling code | +357 |