Interesting question' date=' will follow this thread..[/quote']
Still no response for the question asked. Bumping this thread because now I too have the same doubt in my mind.
You can perform any business activity within your offshore company you like. Only business which requires a license can't be conducted i.e. financial services' date=' pharmacy business etc.[/quote']
Thank you for your answer! I guess Cyprus is doing everything it can to liberalize the offshore company formation process unlike some countries that require a separate company for different business activities.