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History as an international business centre |
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Since
the introduction of the "offshore" concept more than 25 years ago,
Cyprus has firmly established itself as a reputable international financial
centre. The low taxation, freedom of exchange controls, excellent
telecommunication facilities, as well as numerous other advantages offered,
have brought Cyprus to the forefront of international financial centres. More
than 25.000 international business companies are currently active on the
island. A number of these, operate from a fully fledged office on the island
whereas the others use local accountants and lawyers as their representatives
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Why Cyprus