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Corporate and Commercial

Cyprus is an ideal jurisdiction to be used as a basis or part of any international business structure, offering ideal legal and tax infrastructure, high professional standards with significantly lower operating costs.


The Cyprus time zone allows companies to connect seamlessly with Asia and the Middle East in the morning and Europe in the afternoon.
 

Cyprus Offers:
•    English as a business language
•    Ideal geographical location and time zone
•    Comparatively lower set- up and maintenance costs of international business entities
•    Highly developed and efficient accounting, legal, investment and banking sectors
•    Strict confidentiality with the local authorities and banks
•    Advanced telecommunication facilities
•    Common law system
•    Profits can be remitted abroad
 

We offer services and advice for the creation of international corporate tax structures and incorporation of their various components. We can provide registration services for companies and other corporate entities worldwide including all offshore jurisdictions. We provide Nominee, Trustee & Secretarial Services, together with serviced offices and alternative advice on how to establish substance for entities incorporated in Cyprus.

 

We offer specific advice as to the type of the corporate entity that needs to be created. These may vary between the following:

 

1. Non-For Profit Organisations- Charity Institutions
Cyprus charitable institutions may take the form of a private company limited by guarantee, a local trust, an international trust or another similar form. A non-profit organisation is founded for the promotion of art, science, sports, hobbies and interests, charity etc and can be a useful component within a structure.
 
2. International Business Corporation (IBC) or Holding Company
An IBC can be incorporated under the laws of some jurisdictions as a tax neutral or a company paying reduced tax. An IBC is a legal entity used for the beneficial owner’s local and international business activities and can be used either as a stand alone unit or as part of a tax structure. A Cyprus International Business Corporation (CIBC) enjoys a great number of benefits such as being within the European Union and having the lowest applicable tax rate therein at 12.5%, amongst many others. 
 
3. A Cyprus International Trust (CIT)
The International Trusts Law of Cyprus has created one of the most attractive trusts legal frameworks in the world. The CIT intends to offer to qualified persons, the opportunity to create a trust that will suit the most complex situations and demands and enjoy many advantages that cannot be found concentrated in other trusts jurisdictions.
 
As it enables settlors and beneficiaries to enjoy the highest possible degree of protection internationally and formidable asset protection capability together with the unmatched tax advantages afforded in Cyprus.
 
The reform of the International Trusts Law place Cyprus at the top of the league as a modern, favourable and flexible trust jurisdiction and definitely as the most favourable trust jurisdiction in the EU.

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