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Comparison of Tax Burdens: United Kingdom vs Cyprus for IT Companies
Aug 13, 2025
In today’s global IT landscape, companies can select their business location based on strategy rather than geography. The UK offers prestige, strong legal frameworks, and access to major markets, but comes with higher taxes and administrative costs. Cyprus, on the other hand, provides low corporate taxes, IP incentives, simpler reporting, and a favorable climate for business. Choosing the right jurisdiction depends on balancing reputation, cost, and operational comfort.