Hellenic Bank Public Company Ltd

International Services Centre

Strategically located

Strategically located at the crossroads of three continents, Europe, Asia and Africa, Cyprus has long attracted business and commerce.


The country's ascession to the European Union (May 2004) and the elimination of exchange rate risk following the adoption of the Εuro (January 2008) solidified its position as a worldwide international business centre.


This perception was further strenghened with the country's inclusion in the OECD “White List” (April 2009) for having substantially implemented internationally agreed tax standards.

International Services Centre



Key reasons for Cyprus's appeal as an international business centre


  • High quality accounting, legal and professional services
  • Simple and efficiently managed tax planning system
  • Advantageous holding company and corporate structuring jurisdiction
  • Familiar and trustworthy legal system based on UK laws
  • Extensive network of double taxation treaties
  • Largest ship management centre in the EU and the second largest in the world
  • Tax efficient Intellectual Property location
  • Leading global hub for FX companies
  • Prospective regional energy hub
  • Proactive business-friendly government policies
  • Anti-money laundering regulations
  • Excellent infrastructure

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