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ARTICLE · 19 JULY 2021

International Trust Precedents

Elias Neocleous & Co LLC
Elias Neocleous & Co LLC
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Elias Neocleous & Co LLC

Elias Neocleous & Co LLC

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Cyprus is the third-largest island in the Mediterranean, with an area of 9,251km. It is situated at the crossroads of Europe, Asia, the Middle East and Africa

CyprusCorporate/Commercial Law
Elias Neocleous
Elias Neocleous
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General Introduction

The Jurisdiction

Cyprus is the third-largest island in the Mediterranean, with an area of 9,251km. It is situated at the crossroads of Europe, Asia, the Middle East and Africa. It is approximately 70 km from Turkey, 120 km from Syria, and 400 km from Egypt.

On account of its location, Cyprus has always played a prominent role in regional politics and trade, and traditionally it has been the gateway to the trade routes linking Western Europe with the Arab world and the Far East. After 80 years as a British colony, Cyprus became an independent sovereign republic in 1960. The new republic's institutions and administration, banking system and business and legal environment were heavily influenced by the British legacy.

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