International Trusts

International trusts in Cyprus are governed by the International Trust Law of Cyprus 1992. The procedure for establishing an International Trust in Cyprus is straightforward and can be completed in a relatively short period of time. The use of the Cyprus International Trust offers a number of benefits such as a completely tax-free environment and low establishment and running costs.

Cyprus International Trusts enjoy important tax advantages and provide significant tax planning opportunities to interested parties.

More specifically:

• Income of an International Trust is not taxable in Cyprus
• Dividends, interest or other income received by a trust from a Cyprus company is also tax free
• International trusts are not subject to Estate Duty in Cyprus
• Gains on the disposal of the assets of the trust are not subject to capital gains tax in Cyprus