Trust Office Cyprus

Trust Consulting Cyprus

Cyprus is an established and respected international financial center that offers attractive benefits when it comes to establishing and operating international Trusts. The Cyprus International Trusts (CIT) have been providing a high level of protection and flexibility to non-residents for many years and are now attracting high-net worth individuals (HNWIs), from all over the globe.

Significant reforms were made to the Cyprus International Trust Law. The Cyprus Trust Law (Law 20I)/2012), which was amended in 2012, is believed to have transformed it into the most favorable Trust regime in Europe. CITs were made more practical and accessible by the amending legislation. It is based on much more certainty, clarity and stability.

Trust And Estate Law Cyprus

HNWIs, their families and friends are quickly choosing Cyprus to be their EU Trust jurisdiction. This is due to the high quality of professional services as well as the relatively low costs. This guide provides an overview of CITs, as well the Cyprus International Trust Law. This Guide is meant to provide a basic overview of CITs and the Cyprus International Trust Law.

Trust Office Cyprus

Fiduciary Services Cyprus

The beneficiaries' domicile and residence will determine the specific benefits of a Trust. Here are some examples of the advantages of a Cyprus International Trust. The legal framework that governs the establishment CITs is based the Trustees Law (Cap. 193, which follows the English Trustee Act of 2525 and the International Trusts Law No.69(I)/92 as modified (the "Law" or "CIT Law).

Trust Planning Cyprus

Both case law and the principles of equity are applicable. A Trust may appoint a protector, which is an individual other than the Trustee. The Trust deed grants powers of all nature to the Protector, including the power to veto Trustee decisions and to appoint, cancel, or resign the Trustee.

Trust Management Services Cyprus

Globalserve is a trusted provider of Trustee services for Cyprus. We have extensive experience in administering and establishing Cyprus International Trusts.

Trust Office Cyprus

Our highly skilled professionals can help you establish a Cyprus International Trust that suits your personal and business needs.