Due to the favorable tax provisions as well as the strategic position of the island of Cyprus and its proximity to the Suez Canal, it has become a well-established shipping and ship management center providing multiple incentives attracting worldwide leading ship-owners.
Further to the above, the island of Cyprus has an ‘Open Registry’ Regime (EU approved) with the advantageous and legally endorsed Tonnage Tax System (TTS).
Our firm has extensive knowledge in Admiralty & Shipping providing a wide range of services including: