available within the
jurisdiction.
Trusts: A trust is
an obligation established by an individual (settler),
binding a person (trustee) to manage property (trust
property for the benefit of persons (beneficiaries).
An international trust is one where the settler and
beneficiaries (other than charitable institutions)
are non-residents and the trust property does not
include any immovable property in Cyprus.(For more
information, please refer to the following section
"International Trusts")
Headquarters Companies:
Cyprus offers ideal conditions for the location of
regional management companies throughout the World
with interests in the Middle East, North Africa and
Eastern Europe.
Shipping and Ship Management
Companies: The island is offering unique
benefits to the shipping and ship management companies;
as a result, the island has proved to be an ideal
center for the establishment by foreign ship owners
and other professionals of legal entities for the
conduct of Maritime activities and for the rendering
of shipping services worldwide. (For more information
please refer to the following section "Shipping
companies")
