Cyprus
- A Sovereign Flag - An International Maritime Centre
The following are some of the advantages for registering a shipping company in Cyprus:
- Member of the United Nations, the Commonwealth
and the Council of Europe.
- Democratic country with
a free market economy.
- Strategic location at the
crossroads of three continents.
- Modern and efficient
legal, accounting and banking services based on
English practices.
- Double Tax Treaties with 40 countries.
- Signatory
to numerous international maritime conventions.
- Extensive network of bilateral agreements through
which Cypriot ships receive either national or
favoured nation treatment in the ports of other
countries.
- Competitive ship registration costs
and annual tonnage taxes.
- Full protection for
financiers and mortgages.
- Favourable tax regime
for ship management and other offshore enterprises
- Low set up and operating costs.
- Excellent telecommunications
and easy access by air and sea.
- Highly qualified
managerial, clerical and technical staff available
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Shipping