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Interview - Cyprus Overview

Q: Compared with other jurisdictions, what is unique in your jurisdiction? Why should people put money there?

Cyprus is a well established international business centre with   an efficient infrastructure, favourable tax and legal environment, safe and efficient international banks, experienced and well qualified lawyers, accountants and other professionals
A democratic and free society with a well established legal system.

A good geographic position at the crossroads to Middle East, Eastern Europe and North Africa.
A time zone enabling to work in the morning with China and the Far East and in
the afternoon with the West.
Full membership of the EU and EURO Zone.
Compliance with OECD and FATF standards.
No exchange controls.
Educated, well trained and multi-lingual population.
Crime free society
Cyprus offers the possibility for Chinese nationals to easily and quickly make Cyprus as their base by obtaining permanent residence and work permit on the basis of acquiring property in Cyprus

Q: What are the most popular financial services in your jurisdiction? How can they protect the interests of investors?
Cyprus is an excellent jurisdiction for participating in structures which are efficient for international tax planning. The Cyprus Holding and Financing company is extremely successful as a tool in international tax planning.
Cyprus has favourable international trust legislation.

Q: What kinds of professional financial services (trust & foundation/corporate structure) can your jurisdiction provide?
The complete range of company formation and international trust formation can be provided, together with all the required supporting services.

Q: What are your existing clients from China? What potential clients do you want to attract from China?
Chinese clients planning to invest in Europe or in the former CIS countries (Russia, Ukraine, etc) may take advantage of the very favourable tax environment in Cyprus, combining with the benefits of the tax treaties with most developed countries. The tax treaties with Russia and Ukraine make Cyprus the best location from where to invest in those countries.