Our office in Cyprus can now establish International Trusts in Cyprus.

Here are some of the advantages of establishing an International Trust in Cyprus.

Protection against high taxation
For settlers residing in high taxation jurisdictions, it is possible to minimize their taxation on income or wealth by transferring property to a Cyprus International Trust, as under a proper tax structure they will be able to take advantage of the beneficial double taxation treaty network of Cyprus. And the non-taxability of any income of the trust in the island.

Obtaining confidentiality
Confidentiality is absolutely achieved, as there is no requirement to register or publish the financial results of an international trust. The Deed of the Trust is private to the parties concerned whereas when a person dies his Will becomes open to the public inspection in many overseas jurisdictions. A corporate trustee does not die and the continuity of the trust is not affected by the death of a settler.

Organizing Collective investment
Where several persons wish to make joint investments a trust can provide the basis of their co- operation and the sharing of the financial results of their joint venture.

Management Vehicle
Investment Trust Funds, banks, etc may through a structure of a trust and an international business company that acts as a trustee, manage funds for their clients.

If you want more information, please contact us either by phone +44 20 3239 1425 or by sending us an email to lpoffshore@hushmail.com