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.
A Cyprus International Trust has the following characteristics:
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.
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.