The Cyprus Holding Company
Cyprus is a member of the EU and the Eurozone, and consistently aligns its legislation with the acquis communautaire. It is well-established as a reputable international business and financial centre, particularly considering its investor-friendly environment, compliance with OECD standards and transparency, and geostrategic location as a gateway between the crossroads of Europe, Africa, Asia and the East. It has highly-skilled and multilingual legal, financial and administration professionals, and remains an attractive and competitive holding company jurisdiction.
Gambling Law in Cyprus
‘The Gambling Law of 2012 (160(I)/2012)’ regulates the Gambling sector and has entered into force since 2012. The legislation introduces and imposes regulations and proceedings that a natural or legal person has to comply with, enabling such person to conduct and/or run activities which are interrelated with gambling, whether electronic or not.