The Maritime Cyprus Conference is an international affair that takes place every two years bringing together companies and leaders in the shipping sector from Cyprus and around the world. It is taking place over four days 13th – 16th September 2015 in Limassol, the principal port of Cyprus which also has a new marina complex with luxury homes and top class facilities. Some of the main purposes are to review the current state of the shipping industry and devise strategies for the future. The reversals in the Chinese economic boom plus the reductions in the oil price have hit the sector in recent times but with the rate of container freight from Asia rising once more the future is looking brighter. Figures from International Shipping News show that freight rates from this area having risen by 25% over the last four weeks. The positive trends in the reunification talks and government initiatives to expand and promote Cyprus as a shipping hub are all adding to optimism. Mr. M. Demetriades the Minister of Transport, Communications and Works has initiated a well advanced study on how to expand the industry within Cyprus. This combined with consultations with industry representatives to explore ways to attract more shipping companies to the island and to promote it abroad look set to bear fruit.
Cyprus already boasts the third largest shipping tonnage in the European Union with over one thousand vessels providing over twenty million gross tonnage and making it tenth the largest in the world. So far as Gross Domestic Product is concerned the shipping industry currently contributes approximately 6% to the Cyprus economy.
Mr. T. Kazakos head of the Cyprus Shipping Chamber commented that the Maritime Conference presented the ideal opportunity to further the promotion of Cyprus as a shipping hub and that the necessary infrastructure in Cyprus is already in place. Since the last conference took place in 2013, "The Vassiliko Limited" oil terminal has commenced operations and has seen a steady increase in shipping in the Eastern Mediterranean as it seeks to become a hub for the transportation of oil and related products.
Cyprus has a stable fiscal environment to offer shipping companies and advantageous tax arrangements for both investors and companies, especially non-domiciled individuals. Professional advice on how to profit from this can readily be found. Over the years of operating in this area Cyprus has also developed a pool of qualified personnel to service the industry.
Более подробную информацию о налогах и сборах при покупке недвижимости на Кипре вы можете получить на нашей странице.
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