As a former British colony, Cyprus adopted many elements of UK company law, and a Cyprus Limited shares the same basic structure as a UK Limited. However, the similarities end there.

By setting up a company in Cyprus, you gain access to:

• The lowest corporate tax rate in Europe
• One of the most generous participation exemptions internationally
• No withholding tax on most outgoing payments (except certain royalties used in Cyprus)
• No capital gains tax except on Cyprus real estate
• Some of the lowest social security contribution rates in the EU

When incorporating in Cyprus, your company must be managed and controlled from Cyprus to establish substance—an essential element for effective tax planning.

If you are interested in establishing a company in Cyprus and would like to know how Freemont can assist you, please contact us.

A Cyprus Trust is a highly confidential and effective structure for managing assets when applied correctly. Trusts may be registered or unregistered, can exist for hundreds of years, and are not subject to taxation in Cyprus.

You may wish to separate personal assets from business income, protect wealth from potential disputes, or plan your estate without undue taxation or external interference. Cyprus Trusts are often used as top-tier vehicles in international tax structures. A trust is created when a settlor transfers assets to a trustee, thereby transferring legal ownership and, in many cases, tax liability to a low-tax jurisdiction.

If you are considering setting up a Cyprus Trust, contact us.

For additional insight, you may read more about the Cyprus International Trust—the ultimate asset protection tool.