general advantages offered by Cyprus to off shore companies
that operate in Cyprus, and they are not are allowed
to trade in Cyprus are the following:
- Low Corporation
Tax: Intentional companies as well as international
branches managed and controlled from Cyprus are taxed
at only 4.25 percent of their profits.
- Low Income Tax:
Expatriates employed in the Industrial Free Zone pay
half the rates applicable to locals i.e. 0-20 percent.
- No withholding
Tax: Dividends paid by resident companies to foreign
incorporated companies are exempt from withholding
tax. If dividends are paid to shareholders (physical
persons) then the tax withheld is credited against
their own tax liability.
- Ten Year Tax
Holiday: Profits resulting from the operation
of auxiliary tourist projects, such as golf courses,
marinas, theme parks, health centers, etc. are, subject
to certain conditions, exempt from corporation tax
for a period of ten years.
- Generous Tax
Allowances: There are generous investment allowances
for machinery and equipment used in the manufacturing
sector and considerable wear and tear allowances covering
both machinery and certain categories of hotel buildings.
Book losses may be carried forward for up to 5 years
from the year in which they occur.
- Zero Customs
and Excise Charges for operations in the Industrial
- Double Tax Treaties:
Cyprus has ratified 27 double tax treaties, many with
former Eastern European countries.
- International business
branches which are managed and controlled from
abroad and international business partnerships are totally exempt from corporation or income tax.
- Expatriate employees
of International companies living and working outside
the island are exempt from income tax if they
get paid through any bank in Cyprus or are taxed
at one tenth of the rates applicable to locals if
they get paid directly abroad.
- Other Tax Exemptions:
60 percent of repatriated profits resulting from the
rendering of professional services abroad are exempt
from tax. 90 percent of profits or dividends repatriated
to Cyprus from a business based permanently abroad
are exempt from tax. Such a business should be carried
out by a Cypriot individual or a company in which
Cypriots own at least 15 percent of the equity.
Telecommunications (both national and international fixed/mobile voice service, Internet access and data services both narrowband and broadband) in Cyprus are offered by a number of providers following the liberization of the sector.
Visitors are invited to check for specific services the offerings of the licensed operators who are listed in the Directory of Licensed Operators at the web page of the Office of the Regulator for Electronic Communication and Postal Regulation at www.ocecpr.org.cy
Public telephones are installed at various central locations in all towns and villages as well as at International airports, harbours and other locations. There are three types of public telephones, Coinphones, Outdoor cardphones and indoor cardphones. All public payphones can be used for both national and international calls. In all payphones, dialing instructions as well as charges rates are posted.
Internet cafes are available in all cities. Superior hotels have internet facilities available as well.
By calling the number 11892 or 11822 or 11888 you can get a 24-hour service for directory inquiries regarding customers in Cyprus, whereas for foreign customers, country codes and area codes you can get information by dialling 11894 or 11822 (Europe, USA, Australia)
Card phones and Pay-phones
or coin operated public telephones are installed at
various central locations in all towns and villages,
as well as at the International Airports, Harbors, Marinas
and other locations. Telecards of CYP£3, £5 and £10
denominations may be purchased from banks, post offices,
and souvenir shops, kiosks and from Cyprus Telecommunication
Authority's (Cy.T.A) Area Offices in all towns. Coin
operated telephones accept coins of 2, 5, 1 0 and 20
cent denominations. All public card phones and
pay-phones may be used for national and international
calls. Dialing instructions, international codes
and charges are displayed in all public telephones.
Authority offers reduced telephone rates for local and
international calls during off peak hours: Local calls
(between districts) 20:00-07:00 every
calls 22:00-08:00 every day and all day Sunday.
public fax facilities are operational, but most hotels
will permit their guests the use of their facilities.
For fax inquiries call 192 for subscribers in Cyprus
and 134 for subscribers in other countries.
hundred and sixteen countries are accessed automatically
from Cyprus. No public telex facilities are operational,
but most hotels will permit their guests the use of
their facilities. For telex subscribers inquiries call
or overseas telegrams may be deposited at Cy.T.A counters,
through the telex service or by phone by dialing the
number 196. Telegrams by phone are accepted from
07:00-19:00hrs every day including Sundays and holidays.
may use their GSM phones while in Cyprus provided that
a Roaming Agreement has been signed between Cy.T.A and
a service provider from their country. Information regarding
the service may be obtained by calling Cy.T.A's Customer
Services Department at 132.
find International dialing codes and local area codes
please see essential
can travel around Cyprus either by bus or by taxi. There
are no trains in Cyprus.
is on the left-hand side of the road. Distances between
towns are not lengthy.
trans-urban service-taxis are shared taxis connecting
all main towns (during daytime) and are very reasonably
priced. There are many car rental companies in Cyprus,
and the top international names are all represented.
stations in all seaside areas and major towns are equipped
with automatic pumps, accepting bank notes and operating
on a 24-hour basis. On Sundays and Public Holidays,
petrol stations in rural areas may open.
number of experienced tourist companies organize efficiently
run tours, in modern air-conditioned coaches, with multilingual
connect the main towns of Cyprus, and there is a yellow
bus service run by the Municipality within the old city
of Nicosia. Yacht charter is available in Limassol and
Larnaca, with or without crew.
Visitors are requested to confirm the itineraries and prices with the appropriate companies as these are subject to alterations.
Prices quoted below are approximate and can only be used as an indication.
BUS SERVICE FACILITIES
1. Interurban buses:
Various Bus companies link all major towns with daily routes at specified intervals (e.g., Monday-Saturday, no service on Sundays).
For more information please contact:
a) Lefkosia Interurban buses Co Ltd
Tel: 22 66 58 14
- Lefkosia – Lemesos and Lemesos - Lefkosia
b) Intercity buses Co Ltd
Tel: 24 64 34 92, 24 72 27 00
– Lefkosia – Larnaka and Larnaka -Lefkosia
– Lemesos – Larnaka and Larnaka - Lemesos
c) Nea Amoroza Transport Co Ltd.
Tel: 26 93 68 22, 26 93 67 40
– Pafos - Polis and Polis - Pafos
d) P.E.A.L. Bus Co.
Tel: 23 82 13 18, 23 82 56 07, 99 48 48 18
– Paralimni - Protaras - Larnaka - and return
e) EMAN BUSES.
Tel: 23 72 13 21
– Agia Napa - Larnaka and Larnaka - Ayia Napa
2. Rural Buses:
Almost all villages are connected with the nearest town by local buses. Bus operation is limited to once or twice a day. Regional bus companies provide more routes.
3. Urban Buses:
These operate frequently during daytime and in certain tourist areas, during summer, their timetables are extended till midnight.
For more information concerning timetables:
– Lefkosia: Plateia Solomou, west of Plateia Eleftherias,
Tel: 22 66 58 14, 22 77 88 41
– Lemesos: A. Themistocleous 7
Tel: 25 37 05 92, 25 35 40 50
– Larnaka: King Evagorou 2, Cosma Building, Flat 203
Tel: 24 65 04 77, 24 65 74 66.
– Pafos: (Mesogi) Industrial Area, Karavella Bus Station, P.O.Box 62136, Tel: 26 93 44 10,
– Paralimni: Agiou Georgiou 13, Tel: 23 82 13 18
– Agia Napa: Leoforos Makariou III 32A, P.O.Box 30073,
CY 5340 Agia Napa, Tel: 23 72 13 21, 23 72 13 36
– Polis: Kyproleontos, Tel: 26 32 11 14
TAXI SERVICE FACILITIES
1. Transurban Service (shared) Taxis:
Service Taxis: (Shared with other passengers 4-7
seats). This service provides connection between
all major towns of Cyprus every half an hour.
Seats can be booked by phone and passengers can
be collected from and dropped to at any place they
wish within the municipal boundaries.
Monday-Friday 06.00-18.00, Saturday and Sundays 07.00-17.00.
No Service offered on Public Holidays.
Service taxis do not operate between:
a) The Airports and the towns,
b) Towns and villages
One may apply for more information and reservations at:
"Pagkypria Eteria Yperastikon Taxi Ltd" (Cyprus Interurban Taxi Co Ltd) TRAVEL & EXPRESS: Tel: 77777474
LEFKOSIA : Leoforos Salaminos - Municipal Parking Place (Kolokasi) Tel: 22730888
LEMESOS : Gonia Kavazoglou & Misiaouli Strs. Tel: 25877666
LARNAKA : a) Gonia Papakyriakou & Marsellou Str. Tel: 24661010
PAFOS : 8, Evagora Pallikaridi Str. Tel: 26933181
PARALIMNI: Tassou Markou 10 Tel:23826061
Fares (one way)
Fares (one way)
Lefkosia - Lemesos,
Lemesos - Lefkosia
Lefkosia - Larnaka,
Larnaka - Lefkosia
Lefkosia - Larnaka Airport
Lemesos - Larnaka,
Larnaka - Lemesos
Lemesos - Larnaka Airport
Lemesos - Pafos,
Pafos - Lemesos
Lemesos - Pafos Airport
(7.00-17.00, every two hours)
Paralimni-Agia Napa-Larnaka Airport
2. Rural Taxis:
Rural taxis are allowed to be hired from
their base station only. An exception is permitted
when hiring is made at the airport or seaport where
the taxi driver must present such document proving
the collection of certain customers. Taximeters
in rural taxis are not installed.
a) Tariff I: Single trip (06:01-20:30 hrs) 31 cents per km. Return trip 24 cents per km.
b) Tariff II: Single trips at night (20:30 to 06:00 hrs) 31 cents per km. Return trip 35 cents per km.
c) For every luggage, weighing more than 31kg, will be charged at 26 cents per piece.
d) Delay or waiting time charge: For tariff I £7.07 per hour. For tariff II £9.21
e) Minimum Charge: £1.78
3. Urban Taxis:
Taxis: This is a 24 hours service provided in all
towns. Taxis can be booked by phone or be hired
from their base station. Urban taxis are provided
with taximeters and charging commences upon the
entrance of a passenger in the taxi and is based
on the following chart:
Tariff I Tariff II
a) Initial charge C£1.80/ €3.08 C£2.35/ €4,02
b) Fare per Km C£0.35/ €0,60 C£0.42/ €0,72
c) Delay or waiting time per hour C£8,00/ €13,69 C£9,30/ €15,91
d) For every luggage C£0.58/ €0,99 C£0.58/ €0,99
–Taxis charge an extra supplement of C£1.15 per ride during the following public Holidays: 24th, 25th, 26th, 31st December, 1st of January, Good Friday, Good Saturday, Easter Sunday, Monday after Easter and 1st of May.
Complaints about taxis or drivers should be forwarded immediately to the Road Transport Department:
Vasileos Pavlou 17, Egkomi, 1425 Lefkosia
Tel: 22 80 70 00, 22 80 71 54, Fax: 22 35 40 30
Korivou - Kampos Polemidion, 3112 Polemidia
Tel: 25 87 04 53, Fax: 25 30 56 74
Nikou Dimitriou, Marinos Court, P.O.Box 40495, 3165 Larnaka
Tel: 24 82 82 53, Fax: 24 30 44 34
Industrial area, Mesogi, P.O.Box 2191, Pafos
Tel: 26 82 13 38 Fax: 26 94 69 31
Complaints can also be notified to the Police through telephone no: 22 80 20 20
than 400 licensed (by the Cyprus Tourism Organization)
Travel Agencies (plus 180 branches) are in operation
throughout the island, many of which are IATA members.
A List of Travel Agents can be found in the CTO's annual
"Guide to Hotels, Travel Agencies and other Tourist
Services" which can be obtained from all CTO Offices
in Cyprus and abroad. The Association of Cyprus Travel
Agents (ACTA) also issues an annual directory giving
the Association's major objectives and a list of its
The establishment and operation of Tourist Agencies in Cyprus is regulated by the Tourist and Travel Agencies and Tourist Guides Law 1995.-2004.
According to the provisions of the above Law:
(a) No non-resident Office except those established in another member state, can operate in the Republic, on an organized or permanent basis, unless
represented by a resident Office.
(b) The non-resident Office and the representing resident Office have an obligation to declare jointly to the Organization both the date of commencement
and the date of expiration of their cooperation and to provide the Organization with any information required from them concerning the arrival,
transportation and place of accommodation of the tourists.
(c) The resident Office shall be jointly liable with the non-resident Office for any violation of the provisions of the relevant Law and Regulations, as if the
violation had been made by the resident Office.
Approximately 451 licensed (by the Cyprus Tourism Organisation) Travel Agencies (plus 153 branches) are in operation throughout the island, many of which are IATA members (April 2005).
A List of Travel Agents can be found in the Cyprus Tourism Organisation’s annual “Guide to Hotels, Travel Agencies and other Tourist Services” which can be obtained from all Cyprus Tourism Organisation Offices in Cyprus and abroad.
The Association of Cyprus Travel Agents (ACTA) also issues an annual directory giving the Association’s major objectives and a list of its members.
ACTA: (Association of Cyprus Travel Agents):
House of Tourism
2, Klokkaris Arcade
P.O.Box 22369, CY 1521 Lefkosia,
Tel: 357 22 66 64 35
Fax: 357 22 66 03 30
Perhaps because Cyprus has seen so many empires and cultural influences ebb and flow over the centuries, the country enjoys an exceedingly high level of freedom of worship. While the majority of Cypriots are Greek Orthodox Christian (85%), other religious faiths are represented on the island as well, including Armenians, Maronites, Roman Catholics, Latins and Muslims.