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ARTICLE · 22 APRIL 1999

Cyprus As An Offshore Financial Center

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' strategic geographic location, excellent commercial infrastructure, political stability, favorable tax incentives and high European life-style, are among the factors which have contributed towards the development of the Island as an important financial center in the Middle East.

The encouragement of foreign participation in the Island's economy is an expressed policy which is strongly endorsed by all official bodies and authorities as well as by the Cypriot people themselves. This generous and liberal approach is already paying dividends and has successfully generated a growing awareness among foreign corporations and individuals of the unique advantages of using Cyprus as a business base.

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