Trust Formation in Cyprus: Benefits & Process

The Cyprus International Trust (CIT)

Cyprus has established itself as a prime trust-formation jurisdiction due to its robust legal framework and favorable tax conditions. The Cyprus International Trust (CIT) offers confidentiality, asset protection, and tax efficiency, making it an attractive option for high-net-worth individuals, investors, and business owners looking for effective wealth management solutions.

Key Benefits of a Cyprus International Trust

  • Asset Protection: Provides a secure legal framework that protects assets from creditors and legal claims.
  • Confidentiality: Trusts are not registered publicly, ensuring privacy for settlors and beneficiaries.
  • Tax Efficiency: Cyprus offers favorable tax treatment for trusts, exempting capital gains, income, and estate taxes under certain conditions.
  • Flexibility: A Cyprus trust can be structured to meet various financial and succession planning needs.

How Dedalos Corporate Can Assist You

DEDALOS CORPORATE and our experienced lawyers provide comprehensive trust formation services tailored to your specific needs. We offer expert guidance throughout the process, ensuring compliance with Cyprus regulations and delivering customized solutions for your wealth management objectives.

Our Services Include:

  • Consultation & Advisory: We assess your needs and advise on the best trust structure to achieve your financial goals.
  • Preparation of Trust Deed: Our legal team drafts the Trust Deed, ensuring compliance with Cyprus trust law.
  • Trust Registration with CYBAR: We handle the registration process with the Cyprus Beneficial Ownership Register (CYBAR) to ensure compliance with regulatory requirements.
  • Declaration of Beneficiaries with CySEC: We assist in filing the required documentation with the Cyprus Securities and Exchange Commission (CySEC) to declare the trust’s beneficiaries.
  • Ongoing Compliance & Administration: We provide continued support to ensure the trust complies with all relevant laws and regulations.

Why Choose Us?

With years of experience in corporate and trust services, DEDALOS CORPORATE offers a client-focused approach with expert legal and financial insight. Our dedicated team ensures a smooth and efficient process, giving you peace of mind while managing your assets effectively.

Contact us today to discuss how we can help you establish a Cyprus International Trust tailored to your needs.

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