Cyprus, the biggest island of the East of the Mediterranean Sea, is located in the South of Turkey. It was for a long time a crossroads between Europe, Asia and Africa and still carries numerous vestiges of the civilizations which succeeded one to another there: villas and Roman theaters, churches and Byzantine monasteries, castles of the Crusaders and prehistoric houses.

Offshore world in Cyprus

The island of Cyprus presents a very specific interesting point. It’s a member of the European Union, but we can notice local registered companies are taxed in a very low way, so that’s why we can easily consider Cyprus as a Tax Haven. During the last ten years, Cyprus has demonstrated spectacular growth and given it’s part of the EU now, this is a real stable and very reliable country. More, currencies exchanges control don’t apply on offshore company and accounts.

Why an offshore bank account in Cyprus ?

Cyprus is a low-tax country rather than a no-tax country. One of the greatest benefits of Cyprus Companies is that the government has signed a large number of double-tax agreements which provide reduced or zero withholding taxes on dividends, interest or royalties paid to a Cyprus Company. Indeed, in this jurisdiction, we can open bank accounts for all company types and also for non EU residents. Also, confidentiality of the local banking organizations towards the accounts of their customers will bring you serenity and security :

• No minimum balance required,
• Multi Currencies accounts,
• Online banking,
• International payments facilities,
• Reliability of the European banking network.

Your account in Cyprus with FBS Banking.

We benefit from a privileged partnership with one the biggest and most well-known bank in Cyprus, strong of its very extended international network. We take care of the whole administrative procedure, protect your anonymity with our large range of services we provide and help you to manage your account if needed.