Cyprus is a legally stable country and a popular place for offshore company formation.
Despite various changes in legislation, the Cyprus offshore company incorporation remains a favourable option, offering the benefits of low taxation within the European Union (see also Bulgaria, Lithuania, Estonia).
In addition, an offshore company in Cyprus offers you a high level of anonymity and confidentiality, despite the obligation to register administrators in the public registry, since it is possible to use the services of nominee directors and shareholders.
Cyprus company registration is an ideal option for financial services companies: an investment company (CIF) with a license in Cyprus (CySEC) can be used to provide broker services (see Forex licence) in all EU markets via a simple passporting of your license.