CYPRUS INTERNATIONAL TRUSTS

SPECIALISTS IN FORMING AND PROVIDING TRUSTEE SERVICES

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:

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

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

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