There is no other place in southern Europe where it is easier to set up a business as an internationally focused entrepreneur. Cyprus is the low tax gateway in and out of Europe, with the lowest corporation tax in Europe, the most generous participation exemption imaginable, no capital gains tax and much more.
Cyprus company formation can help you benefit from all these characteristics. If you are looking for a holding company, a trading company or an advanced tax planning tool normally used only by wealthy corporations, you have come to the right place.
The Cyprus Limited Company
As a former colony of the United Kingdom, Cypriot company law incorporated many features from its former ruler, and a Cyprus limited company shares the same basic architecture with UK Limiteds. But that is where the comparison ends.
When you set up business in Cyprus, you will enjoy much lower taxes
and the following Cyprus company benefits:
the lowest corporation tax in Europe,
the most generous participation exemption imaginable,
no withholding taxes except on outgoing royalties paid on rights exercised in Cyprus,
no capital gains tax except on real estate located in Cyprus,
the lowest social security tax rates in the EU,
When you set up business in Cyprus note that your company will be managed and controlled from Cyprus itself. This will provide the substance you need for your tax planning. Another reason for choosing Cyprus is its high confidentiality, with little information on public record, as well as its adequate banking secrecy.
Are you interested in setting up a company in Cyprus, and want to know what Freemont can do for you? Do not hesitate to Contact us
Asset protection with the Cyprus Trust
When applied appropriately, a Cyprus Trust is a very confidential way to manage funds. Trusts can be registered or unregistered, can exist for a hundred years and, most importantly, no taxation
Perhaps you are looking to separate private income (and assets) from business income. Or maybe you want to simply protect your assets from the risk of lawsuits or to plan your estate
the way you want it instead of your government taxing and deciding on your inheritance.
Cyprus Trusts are often used as a top entity in a tax planning structure. A Trust is formed when a Settlor transfers income to be managed on his behalf by a Trustee. This way legal ownership as well as tax liability can be transferred to a low tax jurisdiction.
Are you interested in setting up a Cyprus trust? Contact us.