101 results found

Without legal structure, ownership is conditional, control is temporary, and transfer is uncertain. This article examines why wealth accumulation alone is meaningless without proper legal architecture, exploring how estate planning, cross-border structuring, and jurisdictional frameworks determine whether assets remain protected and transferable across generations.

Trustees play a pivotal role in the operation of any trust, including a Cyprus International Trust (CIT). Here is a deep dive into the role of trustees...

Cyprus is the third-largest island in the Mediterranean, with an area of 9,251km. It is situated at the crossroads of Europe, Asia, the Middle East and Africa.

On 18th June 2021, CySEC, pursuant to Article 61E of the Prevention and Suppression of Money Laundering and Terrorist Financing Law of 2021, has issued the CySEC Directive 269/2021 which provides information and guidance ...

Cyprus International Trusts provide a significant number of tax advantages and can be used as part of an international tax planning strategy.

The 1992 International Trusts Law gave Cyprus a "state of the art" international trusts regime, allowing non-residents to establish Cyprus-resident trusts with excellent tax mitigation and asset protection features. In the ensuing years, Cyprus international trusts proved to be extremely popular with residents of Russia and Central and Eastern Europe, allowing them to hold their newly-accumulated wealth through a jurisdiction offering stability and reliability, providing flexibility in

The roots of the Trust are to be found in the old English law of Equity. Various jurisdictions, including Cyprus, adopted the concept of trust, reformulated it or even changed its characteristics often to its core.

As per the provisions of the Directive, each company / legal entity, MUST declare its ultimate beneficial owners, physical persons, holding more than 25% of beneficial interest in the company

As global wealth continues to grow and diversify, high-net-worth individuals (HNWIs) and families are increasingly turning to Family Offices as a sophisticated solution for managing their financial, legal...

The legal framework governing trusts in Cyprus is based on The Trustees Law, Cap. 193, ("The Trustees Law"), which is largely based on the English Trustee Act of 1925 and on The International Trusts Law...

The use of trusts is established for the protection of assets, international tax planning, as a means of settling succession matters and generally as an aid in asset management.

The law governing the establishment of trusts in Cyprus is based on the English system.

Cyprus International Trusts are governed by the International Trusts Law of 1992 which regulates establishment and administration of Trusts.

The law governing the establishment of trusts in Cyprus is based on the English system. It is a combination of the English Principles of Equity and Statue Law. Cyprus International Trusts are regulated by the International Trusts Law 69(I)/1992 as amended by Law 20(I)/2012

CySEC has issued a new Administrative Regulatory Act with regards to the enactment of the Express Trusts or other similar legal arrangements BOs.

The Court of Justice of the European Union's landmark 2022 judgment in cases C-37/20 and C-601/20 fundamentally reshaped beneficial ownership transparency across Europe by striking down unrestricted public access to registers.

On 9th of March 2012 the Cyprus Parliament enacted Law 20(I)/2012 by which the Cyprus International Trust Law 69(I)/1992 was amended and modernized taking into account the needs arising from the international economy today.