Wednesday, November 6, 2024

Standard post published to PN Kourtellos & Associates LLC at November 06, 2024 16:00



We provide comprehensive advisory services in the creation and administration of trusts in Cyprus, tailored for individuals, beneficiaries, and trustees. Our expertise includes advising on trustee selection, tax implications, trust powers, and wealth management plans for high-net-worth individuals. We handle the documentation and design personalized succession plans, guaranteeing asset protection and confidentiality for current and upcoming heirs. Our team guides wealthy families on arranging global wealth to safeguard it from outside dangers, family disputes, and preserve confidentiality. We also assist with investment projects, setting up investment vehicles, and dealing with private law and regulatory matters like tax compliance, compliance, and corporate governance. Cyprus trust law, based on the English system, is governed by the Trustee Law of 1955, influenced by English case law. The International Trusts Law of 1992, amended in 2012, provides appealing features like exemptions from income tax, capital gains tax, and other local taxes. Moreover, Cyprus International Trusts present benefits such as no estate duty, no exchange control regulations, and minimal reporting requirements. Our services extend to creating and administering Cyprus International Trusts, offering corporate trustee services, crafting asset protection plans, and advising on family inheritance issues.

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Standard post published to PN Kourtellos & Associates LLC at April 12, 2025 16:00

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