Company Formation Anguilla

Globalserve Consultants Ltd, a company based in Cyprus, is offering trust and trust formation services in Cyprus. A spokesperson for Globalserve says, “Our firm offers trust services, which include dealing with the Cyprus Trusts Beneficial Owners Registry (CyTBOR).” The Cyprus Securities and Exchange Commission (CySEC), in accordance with Article 61C(4)(a) of the Prevention and Suppression of Money Laundering Terrorist Financing Law of 2007, has established and maintains a Beneficial Ownership Register of Express Trusts and Similar Legal Arrangements (the Register), where information on express trusts, similar legal arrangements, and their beneficial owners is submitted. The CySEC has also developed a system known as the CyTBOR through which this Register is kept. Globalserve helps clients with the disclosure, registration, management, maintenance, and updating of information on the CyTBOR. The trust formation and trustee services offered by Globalserve can help international businesses in having a complete Cyprus tax structure, which enables protection of assets and the straightforward and legal transfer of wealth to the successors based on the desires of the settlor without tax implications. In addition, they can also offer confidentiality and protect the continuation of the group’s operations by ensuring it is not disrupted or affected by the death of absence of the settlor. Their trust service is assured to be compliant with the trust law of Cyprus for the efficient planning of trust deeds and property for the beneficiaries of the settlor. A spokesperson explains why business owners would want to register their trust fund in Cyprus, “Cypriot funds are able to combine transparency along with tax benefits for investors. The fund industry has experienced a significant growth during the past few years in Cyprus, establishing the island as one of the major fund jurisdictions in the EU. Cypriot professionals have developed their skills over the fund sector and are able to provide first class services to those interested in entering the fund industry. Along with the above factors, Cyprus can provide a number of significant benefits to the investors, making the country an attractive business destination. If you need more information, we urge you to get in touch with us on the phone or through email.” There are various benefits provided by the establishment of a Cyprus trust fund. These include: lower set up and operational costs; harmonization with modern fund legislation; modern and transparent legal and regulatory framework; transparency and protection for investors; provision of quality services and support; and flexibility through various fund structures. There are various tax benefits in Cyprus for the fund itself. There are tax exemptions from: capital gains tax from the sale of corporate titles and other financial instruments; capital gains tax from the sale of immovable property located outside of Cyprus; and dividends received. Cyprus also offers a low corporate tax at 12.5 percent and has double tax treaties with 60 countries. There is also notional interest deduction on new equity and interest received is taxed under corporation at 12.5 percent and not under special defence contribution at 30 percent. For foreign investors, there are also tax benefits, such as: no tax on redemption of unit by the unitholders; no withholding tax on dividends received from the fund; and no capital gains tax on disposal of units by unitholders, as long as there is no Cyprus real estate. Established in 1994, Globalserve Consultants is a licensed corporate and accounting company, regulated by ICPAC in Cyprus. They provide a holistic range of accounting, legal, banking, tax, corporate and financial advisory services for international companies, businesses operating worldwide, and international investors. Their headquarters can be found in the island of Cyprus but they can also serve countries all over the globe through their partners. They are a member of the CCCI, ICPAC, IFA, and STEP, and they frequently take part in international conferences in international taxation and financial management. https://www.youtube.com/watch?v=3Ovl8PKvVkM&t=18s Those who want to know more about the Cyprus trust and trust formation services can visit the Globalserve Consultants website or contact them through the telephone or via email.

Limassol, Cyprus: As globalization increases and businesses look to expand their reach into other countries, they are often met with differing laws and regulations across borders. This can make it difficult for companies to navigate the complex web of red tape put in place by different governments around the world. Globalserve Consultants, a licensed accounting and corporate provider firm in Cyprus, steps in to offer a solution for businesses seeking to set up shop in a foreign country. Engaged in business activities across the globe since 1994, the company has a wealth of experience in assisting clients with the establishment of their businesses in Cyprus and beyond. Being incorporated in more than 30 international business centres, the company has a strong international presence and can offer comprehensive services to clients looking to set up companies in multiple jurisdictions. Complex cross-border transactions are made simple with the help of Globalserve Consultants. The company has been able to provide valuable advice and support in all areas of business from taxation and accounting to financial planning and corporate structuring. As well as, immigration assistance, trust and trustee services, and bank account opening with the professional support of the company’s team of experts. Confidence is key when deciding to expand one's business into new territory. With this in mind, Globalserve Consultants only employs high-calibre professionals who are experts in their respective fields. Speaking in multi-languages, the team at Globalserve can offer bespoke services that are tailored to the specific needs of each client. This personalised approach has led to the company becoming a trusted partner for businesses looking to set up or expand their operations inside or outside of Cyprus. Being a member of several prestigious organizations including the ICPAC, CCCI, STEP, and IFA, and participating in numerous international conferences; Globalserve Consultants is committed to remaining at the forefront of innovation within the industry. Their clients have come to rely on their expertise for critical projects around the world which has solidified them as a premier global player. With an extensive network of partners and associates and being affiliated with the legal firm Kyriakos Antoniou and Associates LLC, one of the oldest and largest law firms in Cyprus, Globalserve Consultants is able to offer a complete package of services to clients looking to set up businesses across the globe. About Globalserve Consultants: https://www.youtube.com/watch?v=w-Yz7pnsZmc Globalserve Consultants is a leading provider of accounting, corporate, and taxation services. With over two decades of experience in the industry, the company has a wealth of knowledge in assisting clients with the establishment of their businesses in Cyprus and beyond. For more information about Globalserve Consultants, please visit their website at https://www.gstaxconsultants.com/.