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Cyprus International Trusts
A Cyprus International Trust is a trust created under Cyprus law by individuals who are not residents of Cyprus. These trusts are governed by the Cyprus International Trusts Law of 1992, as amended, which provides a favorable legal framework with strong asset protection features, flexibility, and confidentiality. CITs are widely used for various purposes, including estate planning, asset protection, tax optimization, and succession planning.
Trust Formation and Setup
We provide expert guidance in establishing a Cyprus International Trust, ensuring that the trust deed is drafted according to your specific needs and complies with Cyprus law. Our team assists with selecting the appropriate trustees, defining the terms of the trust, and ensuring that all legal requirements are met to create a robust and effective trust structure.
Tax Planning and Optimization
One of the key advantages of a Cyprus International Trust is the potential for significant tax benefits. We provide tailored tax planning advice to help you optimize your tax position, taking advantage of the favorable tax regime offered by Cyprus. Our team works closely with tax experts to ensure that your trust is structured in the most tax-efficient manner, both in Cyprus and internationally.
Succession Planning
Succession planning is a vital aspect of wealth management, particularly for high-net-worth individuals and families. We assist in designing trust structures that facilitate the smooth transfer of wealth to future generations, ensuring that your estate is managed and distributed according to your long-term objectives.
Asset Protection and Estate Planning
Cyprus International Trusts are an excellent vehicle for asset protection and estate planning. We help you structure your trust to protect your assets from potential future claims or creditors, ensuring that your wealth is preserved and passed on to your beneficiaries according to your wishes. Our services include the careful planning and management of trust assets to maximize protection and minimize risks.
Trust Administration and Management
Proper administration and management are crucial to the success of any trust. We offer ongoing support in managing Cyprus International Trusts, including compliance with legal obligations, record-keeping, and financial reporting. Our team ensures that the trust operates smoothly and in accordance with the law, safeguarding your assets and interests.
Confidentiality and Privacy
One of the significant benefits of Cyprus International Trusts is the high level of confidentiality they offer. We ensure that your trust arrangements are kept private and secure, with minimal disclosure requirements. Our firm is committed to maintaining the confidentiality of our clients and their trust structures, providing peace of mind and security.
Contact Us
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