The Cyprus Non–Dom Regime – What Are Considered The Strong Points of a Non-Dom Regime?
Being at the crossroad of the three continents Europe, Asia and Africa, Cyprus is an EU member state with a stable economy low tax rates…
Cyprus benefits from an impressive network of over 60 double tax treaties and an attractive tax regime, Cyprus is considered an ideal base for international corporate investment. As a result, LLPO’s Corporate Team has developed extensive expertise in all matters relating to corporate tax planning, income tax, property tax, trusts, public sector and charities, international tax and capital projects and is able to address clients’ demands efficiently and effectively.
LLPO’s Corporate Team advises on all elements of Cyprus Company Law as well as negotiating and drafting the terms of commercial contracts of all sizes, types and complexity thus providing legal and advisory services in all matters relating to Cyprus Company Law.
The team advises and assists with the selection, establishment and administration of secure and reliable corporate structures, Trusts and Foundations for a wide array of private and corporate clients.
The Corporate Team offers the full range of corporate services and has extensive international experience in the incorporation, management and administration of all types of companies in various jurisdictions. The team is equipped to incorporate companies in a number of international jurisdictions including Greece, The UK, Seychelles, Belize and The British Virgin Islands. This allows the client to capitalise on different jurisdictional advantages and frameworks. Subsequently, through affiliate or associate offices abroad, we are able to provide a comprehensive range of corporate administration services, including the provision of nominee services, secretarial services, registered office services, tax and due diligence compliance.
In addition to the above The Fiduciary Corporate Services department provides Substance and Headquartering Solutions to the clients. This practice provides a broad range of transactional and advisory services to leading financial institutions and entrepreneurs, in addition to public and private companies, and also handles all types of corporate transactions including Corporate Finance for clients in a wide range of sectors.
The Team is well experienced in the drafting and reviewing of different forms of legal documents, such as loan agreements governed by Cyprus Law, security documentation including share purchase agreements, shareholders’ agreements, assets sales agreements, share pledge agreements and guarantees, the full range of commercial agreements governed by Cyprus Law as well as cross-border transactions.
Cyprus has been a full member of the European Union since 2004 and adopted the Euro as its official currency since the beginning of 2008. As part of Europe, Cyprus maintains the Lowest Corporate Tax Rate at 12,5% on profits from trading income, a generally favourable tax regime and blanket tax exemptions for international activities.
Beside the extensive network of 27 European Countries whereas double taxation is not an issue due to the regulation of the internal market, Cyprus has currently concluded tax treaties for the avoidance of double taxation with 65 countries including the majority of the USA, Canada, India, China, Russia and the C.I.S countries. The strategic position and time-zone of Cyprus enables comfortable connections between Europe, Middle East, Africa and Asia, rendering the island a natural hub for business and trade.
Cyprus is an established and reputable business and financial centre supported by an advanced legal, accounting and banking system and a highly skilled and multilingual workforce. The local governments have traditionally been promoting Cyprus as an international business centre, through the enactment of favourable tax laws, which are in full compliance with EU Directives and the reduced paperwork and costs necessary to register and maintain a Cyprus company.
Being at the crossroad of the three continents Europe, Asia and Africa, Cyprus is an EU member state with a stable economy low tax rates…
A non-governmental organisation (NGO) is an entity that operates independently of any government with the primary aim of improving societal conditions.
Cyprus is increasingly positioning itself as a prime destination for high-net-worth individuals due to its attractive tax regime and other factors that support wealth management.
In an ever-evolving digital age, the eIDAS (electronic Identification Authentication and Trust Services) Regulation provides a framework for secure electronic transactions across the European Union…
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Mergers & Acquisitions in Cyprus: Practical Law Global Guide We are pleased to have contributed to Practical Law Global, the Cyprus part of the Private…
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