Trust and Company Services

Cyprus International Trust

In Cyprus, taxation of international trusts is abolished completely and the only obligation is a stamp duty on the instrument creating the trust. The gains of an international trust from sources outside the Republic of Cyprus are exempted from all taxes in the Republic and no estate duty is chargeable in respect of the assets belonging to the trust.

Full Discretionary Trust

An irrevocable trust where you give the trustee the discretion to invest the trust fund and to distribute the trust income  together with powers to distribute assets or capital sums.

Fixed Trust

This does not give the trustees any discretion when distributing the assets to the beneficiaries.

Fixed and Discretionary Trust

A combination of the above where te trustees may have discretion on income distribution but must ultimately distribute  capital in fixed proportions or vice versa.

Cyprus Holding Company

Legislation passed in 2003 to conform with EU Law to eliminate harmful tax practices means that all Cypriot Companies are now subject to 10% corporation tax, the lowest in the EU. Cyprus has approximately 40 double tax treaties and therefore the holding company can be used for efficient international tax planning.

Family Office

The creation of a Family Office gives the advantage to our clients of a centralised team of professionals to care for and manage the family assets and inheritance over the long-term, providing a corporate governance framework and working with other professional advisers, particularly our clients’ legal advisers, to provide cohesive advice.