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Cyprus is no longer an offshore jurisdiction

RoyalWebman

Offshore Agent
May 12, 2011
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Cyprus is no longer an offshore jurisdiction in the strict sense of the word, but its tax regime, coupled with its location at the cross roads of Eastern Europe, the Middle East, North Africa and Asia, an extensive network of double-tax treaties, its membership of the European Union and its sophisticated European business environment and stable economy mean that the island is an ideal place to locate holding, trading and intermediary companies.
 

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