Offshore Financial Centres (OFCs), as low-tax, lightly regulated jurisdictions, specialise in providing the corporate and commercial infrastructure for the formation of offshore companies and for the investment of offshore funds.
Cyprus – The Facts
- Full name: Republic of Cyprus
- Population: 855,000 (combined) (UN, 2007)
- Capital: Nicosia (Lefkosia to Greek Cypriots, Lefkosa to Turkish Cypriots
- Area (combined): 9,251 sq km (3,572 sq miles)
- Major languages: Greek, Turkish
- Major religions: Christianity, Islam
- Life expectancy: 76 years (men), 82 years (women) (UN)
- Monetary unit: Euro from 1 January 2008; Turkish lira used in north
- Main exports: Clothing, potatoes, cigarettes, pharmaceuticals
- GNI per capita: US $16,510 (World Bank, 2006)
- Internet domain: .cy
- International dialling code: +357
- Cypriot president: Demetris Christofias
- Turkish Cypriot leader: Mehmet Ali Talat
- The press
- Cyprus Mail-English-language daily
- Politis-Greek-language daily
- Simerini-Greek-language daily
- Kibris Gazete (northern Cyprus)-Turkish-language
- Television
- Cyprus Broadcasting Corporation (CyBC)-public
- operates channels RIK 1
- RIK 2
- Bayrak Radio-TV (northern Cyprus) - operates channels BRT 1
- BRT 2
- Sigma - private
- Radio
- Cyprus Broadcasting Corporation (CyBC)-public
- operates Radio 1 (in Greek)
- Radio 2 (in English, Turkish, Armenian)
- Radio 3 (in Greek) and Love Radio
- Radio Proto-private FM network
- Astra 92.8-private FM network
- Bayrak Radio-TV (northern Cyprus) - operates Bayrak Radio 1 (in Turkish)
- Bayrak International (in English)
- Bayrak FM and Bayrak Klasik
