Sergey Kartashov (SergejsKartasovs), the chief executive officer of asset management company Generation Partners, expressed his views on the future of Cyprus as a center of the European IT business. A rise in the relocation of companies from Europe to Cyprus has been witnessed by Generation Partners in the past few years.

Sergey Kartashov (Sergejs Kartasovs), the chief executive officer of asset management company Generation Partners, expressed his views on the future of Cyprus as a center of the European IT business. A rise in the relocation of companies from Europe to Cyprus has been witnessed by Generation Partners in the past few years.

Sergey Kartashov talked about the reasons behind the success of the island in terms of attracting companies for relocation business, especially IT companies.

Cyprus with huge tax benefits
The first and foremost reason behind the success of Cyprus to attract foreign companies to relocate to the island is tax benefits. Cyprus …