Eurofreight Logistics


Geographical Location

Cyprus’ strategic location has been a major factor in shaping its history throughout centuries and has established it as an attractive hub for inter-regional maritime traffic.

A natural transhipment centre for Europe-Far East trade, and conveniently located along the routes to the Levant, North Adriatic and Black Sea, Cyprus is easily accessed with minimum diversion from the main arterial routes.

Following the country’s accession to the European Union in 2004, Cyprus was transformed into a key EU outpost in the Eastern Mediterranean.

The country’s sophisticated infrastructure has already made a significant contribution to economic development and is the driving force behind its emergence as a regional hub for cost-effective cargo transport and processing

Within 1 Hour

flying time there is a population of almost 200 million people

Lots of Destinations

Larnaca Airport has over 500 flights per week to 88 cities in more than 38 countries

38 Countries

The 38 countries with direct flights to Larnaca have a total population of 850 million people

Within 4 Hours

flying time there are over 2 billion people

Larnaca Airport has over 500 flights per week to 88 cities in more than 38 countries

Favourable Tax & Investment Enviroment

Cyprus offers one of the most attractive tax regimes in Europe. A member of the European Union since 2004, Cyprus’ regulatory regime is in full compliance with the requirements of the EU and OECD.

  • Cyprus resident companies are taxed on their worldwide income
  • Zero tax on Dividends: Companies resident in Cyprus are exempt from income tax in respect of dividends received from other Cyprus resident companies
  • Zero tax on profits from the sale of shares and other securities
  • Foreign investors can invest up to 100% in any Cypriot enterprise, without a minimum level of capital investment
  • Tax treatment of Losses: Tax losses can be carried forward and set off against future profits indefinitely. Group relief has been introduced
  • Double Taxation Treaties with over 60 countries
  • Lowest corporate tax in EU: All companies are subject to a uniform tax rate of 12.5%
  • Zero withholding tax on dividends, interest or royalties paid to non-residents
  • Bilateral Investment Agreements with many countries