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The
standard of film and slide developing and processing in Cyprus
is high.
Slide processing for color and black-and-white slides takes
from 5 to 30 hours.
Processing and developing of color and-black-and-white prints
takes from 30 minutes to one day. Fast processing, instant
photo or video recording services are also provided by Photo
Fast Laboratories on the island. All International film brands
are available in Cyprus and can be bought from photo-studio,
stalls, Duty-Free Shops, etc.
For photographic equipment and further information on
Photographers one may consult the yellow pages of the Cyprus
Telephone Directory.
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Flight
information can be obtained by connecting directly the Airline
Office, during office hours or at the relevant offices at
Larnaka and Pafos International Airports.
The Cyprus Tourism Organization operates Information Offices
at both Larnaka and Pafos International Airports, the
personnel of which can give information on Times of Arrivals
and Departures. For any further flight information (on
reservations, connections, booking, etc.), visitors are
requested to contact the Airline Offices.
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Amsterdam:
3 hours 30 min.
Athens:
1 hour 40 min.
Bahrain: 3
hours
Frankfurt: 3 hours 30 min.
London: 4 hours 30
min.
Paris:
3 hours 30 min.
Rome: 2
hours 25 min.
Stockholm: 5 hours
Vienna: 3
hours
Zurich:
3 hours
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Flower
shops are found all over Cyprus and provide:
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Fresh flowers for every occasion.
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Flower and dry arrangements.
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Bouquets.
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Various decoration arrangements.
-
Night services are also provided by some florists.
INTERFLORA
AND TELEFLORA AGENTS IN CYPRUS
- Georgina Flower Boutique Ltd., (Teleflora):
Leoforos Severi 15, Lefkosia, Tel: (02) 454242
- Elysee, Flower Shopos (Interflora):
Diagorou 11, Lefkosia, Tel: (02) 443175, 443390
- Hawaii, Flower shop (Interflora):
a)
Leoforos Omirou 19A, Lefkosia, Tel: (02) 476667
b)
Leoforos Arch. Makariou III, 142A, Lemesos, Tel: (05)
381304, 352453
c)
Zenonos Kitieos 18, Tel: (04) 654973 Larnaka
- Elgia Flower Shops,
Leoforos Arch. Makariou III, 141, Lemesos, Tel: (05) 382053
- Oasis Flower Shop (Interflora): F.
Zannetou 11A, Larnaka,
Tel:
(04) 654777
Florists can be traced thought the yellow pages of the Cyprus
Telephone Directory.
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Gourmets
will particularly appreciate what Cyprus has to offer, as
Cyprus cuisine consists of dishes very rich in taste and
unique in specialties.
Within the very large range of the Cyprus cuisine, three
favorites are:
-
“Meze”, a rich
collection of more than 20 different appetizers and
savouries,
-
“Tava”, a lamb stew with plenty onions and
tomatoes,
-
“Stifado”, a stew of beef or hare, cooked with
wine, vinegar, onion and spices.
The products of local marine aquaculture, sea bream (tsipoura),
sea buss (lavraki) and prawns (garides) are becoming popular
among the Cypriots and the tourists.
Cyprus wines, famous in antiquity and throughout the Middle
Ages, are more than maintaining their tradition by becoming
increasingly competitive in the International market. The
quality of Cyprus table-wine ranks with the best in the world
and the great variety provides a match of every kind of food
or every palate.
Approximate costs for a bottle of Cyprus wine of 0,75 liter in
a restaurant or a taverna: from C£2,50-C£6,00.
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Attracting
foreign capital has always been one of the primary objectives
of the country’s development policy. The Central Bank will
approve a foreign investment proposal provided it contributes
towards the introduction of high technology, better management
in marketing methods as well as towards the improvement of
export prospects for Cypriot products or enrichment of the
tourist product.
Non-residents
wishing to acquire any share or participation in a Cypriot
legal entity must obtain a permit from a Central Bank, under
the provisions of the Exchange Control Law. The application to
the Central Bank must contain the requisite information i.e.
share capital, economic activities, financial requirements,
etc. and a copy of the company’s Memorandum and Articles of
Association. The foreign investor is also required to submit
satisfactory bank references from his own bankers abroad.
Applications
connecting direct investments are considered by the Central
Bank in consultation with the appropriate government’s
department(s). Normally, the administrative procedure is
completed within 30 days by which time the applicant receives
an official reply. Once the foreign investor has obtained the
approval of the Central Bank, he is free to proceed with the
implementation of his project. Permission for the repatriation
of capital or capital appreciation, profits, dividends and
interest arising from a foreign investment in Cyprus is freely
granted. There is no prescribed maximum percentage of profits
that may be repatriated each year, or minimum period before
which the foreign investor may dispose of his equity.
Foreign
investors may avail themselves of ready sites of industrial
estates, training schemes for their labor force and other
facilities offered by the authorities at low costs. Of
particular relevance to foreign investors are: Cyprus’
Customs Union with the European Union, favorable treatment
under the Generalized System of Preferences and excellent
relations with the region, all of which enhanced by
considerable tax and other incentives enjoyed by resident and
not-resident investors alike. These include low corporate tax
with a maximum of only 25 percent, significant initial
investment and annual deprecation allowances, special
incentives for industries operating in the Industrial Free
Zone, etc.
The acquisition by foreign investors of equity in Cypriot
enterprises which carry on activities onshore exceeded US$200
million in the years 1989-1994.
For
further information, please apply to the:
CENTRAL
BANK OF CYPRUS
P.O. Box 5529, CY 1395 Lefkosia (Nicosia)-Cyprus
Tel: 357-2-379800, Telexes: 24244, 2228 SWIFT address
CBCYCY2N, Fax: 357-2-378153, 378164
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Mega
Shop