Cyprus International Trust

The revamped Cyprus International Trust (CIT), provides for the highest possible degree of asset protection internationally, extensive tax benefits and strong confidentiality capabilities.

LEGAL FORM

A CIT is a legal arrangement created by the Settlor who transfers property/assets to a legal or physical person, called the Trustee, who holds the property for the benefit of the beneficiary/ beneficiaries in accordance with the terms of the "Trust Deed".

CORE BENEFITS OF A CIT

TAX ADVANTAGES

- No Tax on non-Cyprus income and profits of a CIT;

- Beneficiaries may be taxable in their country of residence, only upon actual distributions;

- No capital gains tax on sale of titles;