The term “trust” refers to the legal relationship which is created – in life or on death – by one person, the settlor, when property movables or immovables, are put under the control of a trustee of a trust for the benefit of another person, the beneficiary, or for a prescribed purpose, in such a way that the real benefit from the property belongs to the beneficiary but not to the trustee. Cyprus International Trust is an attractive and effective tax planning vehicle offered to residents and non-residents by the Cyprus Trusts legislation. Therefore our Client can become a member of the profitable projects which arise from additional benefits of Double Taxation Treaties.
CYPRUS INTERNATIONAL TRUSTS
SPECIALISTS IN FORMING AND PROVIDING TRUSTEE SERVICES
A Cyprus International Trust has the following characteristics:
There is no limitation on the type of investments in which the assets of an International Trust may be put
Low establishment and administration cost
A Cyprus International Trust may be challenged within a two year limitation period
The trustees are bound by confidentiality
Any income or profits of an International Trust, within or outside Cyprus, are subject to Cyprus tax imposed in the Republic in case if the beneficiary is a Cyprus tax resident
INCORPORATION AND FIDUCIARY
COMPANY REGISTRATION AND TAX-PLANNING SERVICES
Our practice manages the full range of corporate services from start-up to completion of incorporation. Company formation in multiple jurisdictions, provision of nominee services, registration and administration of a company provision of all related corporate services.
UNITED KINGDOM
VIRGIN ISLANDS
BELIZE
MARSHALL ISLANDS
SEYCHELLES ISLANDS
PANAMA
CYPRUS
SINGAPORE
SWITZERLAND
AUSTRIA
HONG KONG
UNITED ARAB EMIRATES
LEGAL SERVICES
EACH CASE IS HANDLED WITH INTEGRITY, CONFIDENTIALITY & DEDICATION
Preparation of agreements, escrow agency services, advice on international financing structures through Cyprus companies and joint venture companies, mergers and acquisitions, general company advice, incorporation of trusts, real estate transactions, court applications in relation to companies.
Advices on all tax aspects
Legal opinions on all commercial and business deals
Advice on Cyprus Law and practice for the winding up
Advice on Cyprus Law and practice for bankruptcy and voluntary winding up
Advice on Law practice and procedures of corporate entities in Cyprus
Advice on Law practice and procedures of corporate entities in Cyprus
Advice on obtaining of the tax residency in Cyprus
AUDIT & ACCOUNTING BASED ON INTERNATIONAL FINANCIAL REPORTING STANDARDS
(CYPRUS)
Registration with VAT authorities
Registration for VAT Information Exchange System
Social insurance registration
TAXISNET registration
Deregistration with VAT authorities
Deregistration with VIES authorities
CLIENT ACCOUNTING AND AUDIT OF IFRS
(CYPRUS)
EORI registration
Preparation of official letters to correct previously submitted VAT returns
Preparation and submission of HE32 form / annual return
Bookkeeping services
Preparation of management accounts
Preparation of audited financial statements
IMMIGRATION SERVICES
(CYPRUS)
Passports
Residence and work permits
IMMIGRATION SERVICES
(CYPRUS)
Citizenship earnings per investment (from EUR 2 million in real estate)
BANKING SERVICES
(CYPRUS)
Opening of the bank account on behalf of clients in Cyprus and other jurisdictions
Provision of bank signatories
Processing and execution of client authorized payments
BANKING SERVICES
(CYPRUS)
Electronic notification that payment has been executed
Handling applications for new services for clients i.e. internet banking, credit / debit cards
Placing of available funds on notice and fixed deposits
CORRESPONDENCE ON THE PURCHASE OF REAL ESTATE
(CYPRUS)
Independent evaluation
Assistance in finding the real estate
Assistance in making payments and selling
CORRESPONDENCE ON THE PURCHASE OF REAL ESTATE
(CYPRUS)
Verification of the property for collateral
Preparation of the sales contract
Property management for non-residents
ORGANISATION OF VIRTUAL AND REAL OFFICES
(CYPRUS)
Search for office space
Search and recruitment of staff
ORGANISATION OF VIRTUAL AND REAL OFFICES
(CYPRUS)
Purchase and setup of office equipment
LETS GET IN TOUCH
VISIT OUR OFFICE IN LIMASSOL