Fiduciary Advantages

Cyprus is a renowned business centre which offers investors who use Cyprus as their business base considerable tax and other advantages. A central geographical location, educated workforce and EU membership all strengthen Cyprus’ position as an investment centre of excellence.

Key Characteristics of a Cypriot Trust are:

• No formal registration required
• No taxation on any income or capital gains of the trust
• No estate duty payable in Cyprus
• Complete confidentiality is imposed on the trustees on the disclosure of financial or other information
• Subject to the provisions of the Trust Deed, complete freedom of the trustees to invest the whole or part of the funds in any kind of investment
• A permit is not required from the Central Bank of Cyprus for exchange control purposes
• Effective tool for management profit sharing
• Excellent asset management vehicle
• Protecting beneficiaries against claims of creditors