A Cyprus Trust cannot take a legal form, rather it is transparent. Transparency means that the trust cannot own any property in its name, but a property that runs through a trust vehicle must be granted to a trustee or trustees by a settlor. This transparency and certain other requirements make a Cyprus International Trust very attractive as a corporate vehicle for many reasons, especially reasons that concern legal protection and tax effectiveness.
Cyprus Trust Consulting and Compliance specifics:
- Advice as to the applicable trust on a case-by-case basis.
- Incorporation and implementation of a Cyprus Trust in cooperation with our legal advisors and associates.