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Setting up a Cypriot Company
Why choose a Cypriot Trust

Approval of Company Name

Firstly an application must be filed with the Registrar of Companies for approval of company name. Usually it takes 5 – 6 working days for the application to be officially examined.Any name that is identical or similar to an existing company name or that implies illegal activity shall not be accepted by the Registrar of Companies. If the proposed name contains words such as “insurance”, “banking”, “brokerage”, “trustees” etc then the consent of the Central Bank of Cyprus will be required...read more

Taxation

• Income and gains of an international trust derived from sources outside Cyprus are exempt from all kinds of tax in Cyprus.

• No Cyprus estate duty is chargeable in respect of assets belonging to an international trust created in Cyprus.

• The only tax obligation is stamp duty of approximately Euro428,00 on the instrument creating the trust.

• Dividends, interest and other income .... read more