A Leading Maritime Nation

Cyprus recognised, as early as 1963, the political, economic and social importance of shipping. Since then, Cyprus managed to attract shipping entrepreneurs and to develop the island into a fully-fledged shipping centre combining both a sovereign flag and a resident shipping industry, which is renowned for its high quality services and standards of safety.

The island´s strategic location, which is at the crossroads of three continents (Europe, Asia, Africa) enabled Cyprus to play a prominent role as an international shipping centre.

Cyprus, combines a legal system based on the English model, an efficient civil service, good labour relations, an outstandingly high level of professionalism in the legal and accounting sectors, an excellent banking system, state of the art telecommunications and airlinks to all important destinations, that form solid foundations for entrepreneurs to set up their business.