101 results found

New UK regulations effective 30 June 2026 have expanded Trust Registration Service requirements for non-UK trusts holding UK property acquired before 6 October 2020. Cyprus trustees must now navigate complex cross-border compliance obligations, reconcile beneficial ownership reporting across multiple jurisdictions, and understand the critical distinction between direct property ownership and corporate holding structures.

In March 2024, the The Financial Action Task Force (FATF) released risk-based guidance to support the implementation of Recommendation 25 on Beneficial Ownership and Transparency of Legal Arrangements.

Despite being among the smallest countries in terms of area and population, Cyprus has become one of the world’s most important financial and business centres.

In an increasingly interconnected world, individuals and businesses are continuously seeking ways to protect, manage, and grow their assets across borders. One of the most effective and time-tested mechanisms.

On 18/02/2021 the Cyprus House of Representatives has enacted the amending law on the Prevention and Suppression of Money laundering and Terrorist Financing Law of 2021 transposing at a national level the 5th Anti-Money Laundering EU Directive 2018/843 ...

On 26 June 2026, the District Court of Nicosia delivered its judgment in General Application No. 199/2022 and 200/2022, dealing with issues concerning the nature and extent of a beneficiary’s right to obtain disclosure of documents and information from a trustee in relation to a trust, the trust property and its administration.

The concept of the trust as we know it in our days dates back to the Crusaders in the 12th Century and is based on the Anglo-Saxon legal system.

Since 2017, there has been an unprecedented wave of new foundation legislation in common law jurisdictions across the world. New statutes were enacted and brought foundations to regions...

The fast rise of cryptocurrencies has led us to a new era of wealth creation and investment opportunities.

Cyprus has introduced significant amendments to its trust beneficial ownership register framework through Policy Statement PS-02-2026, strengthening transparency requirements while maintaining legitimate privacy protections. These reforms clarify reporting obligations for trustees, enhance beneficial ownership identification standards, and align Cyprus with evolving European AML frameworks following landmark CJEU decisions on privacy rights.

Asset protection is the adoption of advance planning strategies which place one’s assets beyond the reach of future potential creditors or other claimants.

We are often approached by clients, whether high-net-worth individuals, family offices, or international entrepreneurs, who are considering relocating...

The use of nominee directors remains common in Cyprus corporate structures, particularly in international business, holding company and asset holding arrangements.

Despite being among the smallest countries in terms of area and population, Cyprus has developed into one of the world's most important financial and business centres.

Information as to the country of domicile or residence of the trustee or other person having an equivalent position and the residential address.

Cyprus Tax Structures

The legal framework governing trusts in Cyprus is based on The Trustees Law, Cap. 193, ("The Trustees Law")...

There is a long-standing common law principle, that the courts will not assist a party whose case is based upon an immoral or illegal act.