The Cyprus International Trust (CIT) Law is based on English Law and has established one of the most attractive trust legal frameworks in the world.
The procedure for establishing a CIT trust is straightforward and can be arranged in a relatively short period of time. The settlor and the beneficiaries must not be tax residents in Cyprus during the year preceding the year of creating a CIT and at least one of the trustees must be a permanent resident of Cyprus.
Cyprus International trusts enjoy very important tax advantages, providing significant tax planning possibilities to interested parties, which include the following:
Numerise Professionals can assist you in creating and registering the Trust with the relevant bodies and manages all the supplementary services to ensure compliance with all statutory obligations.