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Publications

Trusts: a cornerstone vehicle for wealth preservation

Trusts can be considered the cornerstone of wealth preservation, asset protection and estate planning, a valuable tool utilized both in the commercial and family context.  Cyprus is a beneficial jurisdiction for the establishment of a trust, with a favorable tax regime, particularly for non-locals, numerous tax advantages and the lack of stringent conditions for trust...
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Fast-Track Residence Permit in Cyprus – An Opportunity for Foreign Investors

0n the 24.03.21 the Ministry of Interior of Cyprus announced amendments to the existing Regulation 6(2) of the Aliens and Immigration Regulations, making the obtainment of a Permanent Immigration permit more attractive to foreign investors.  Pursuant to the provisions of Regulation 6(2) of the Aliens and Immigration Regulations, a third-country national (non-EU citizen) can apply...
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Purple Company Register under magnifying glass

The fight for tax transparency: Introduction of UBO register in Cyprus

Introduction The notion of a Central Register of Beneficial Owners (UBO Register), maintained at a national level by EU Member states flows from the 4th EU Anti- Money Laundering Directive (EU) 2015/849 (AMLD IV) which required Member States to introduce a Central Register of beneficial owners within their respective jurisdictions, likewise for trusts and all...
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