Cyprus stands out as a prime destination for establishing
trusts, offering a robust legal framework with significant tax
incentives. The trust is arguably the most important legal concept
created by equity and one of the greatest achievements of English
jurisprudence, and there is a plethora of trust types that one can
establish in Cyprus, including fixed trusts, discretionary trusts,
charitable trusts etc., with each trust structure aiding
individuals and corporations alike to meet different needs and
objectives.
One of the most renowned trust structures that Cyprus offers, is
the so-called “international trust”. International
trusts are a key feature of Cyprus trust law and, following the
extensive amendments in 2012 to the International Trusts Law
69(I)/92, Cyprus has been characterised as one of the most
competitive jurisdictions to set up such a trust, due to their
numerous benefits compared to other jurisdictions.
