International Trust Formation
With the formation of a Cyprus International Trust,
1. It is possible to mitigate the tax liability on your income and/or wealth by transferring your assets from anywhere in the world to a Cyprus International Trust, as under a proper tax structure you will be able to take advantage of the beneficial double taxation treaty network that Cyprus has to offer,
2. And at the same time achieve confidentiality, as there is no requirement to register or publish the financial results of an International Trust. The Deed of Trust is private to the parties concerned whereas in many overseas jurisdictions, when a person dies his will becomes open to public inspection.