With a 21.9 billion Euro total GDP in 2019 and ranking 54th in the world for doing business, the Republic of Cyprus has experienced a continuous expansion which has transformed its economy to a thriving business environment and an investment hotspot. Structural reforms alongside a range of financial incentives for international commerce have translated in …
Long-Term Strategic Business Opportunities in Cyprus Read More »
As the intricate implications of Brexit are yet to be fully realized, many business owners are considering options for maintaining close business ties within the European Union. The UK government has voted on a deadline of January 1, 2021 as the final marker of the Brexit transition period, many UK nationals weigh options to relocate …
Dealing with Brexit and Cyprus Company Relocation Read More »
Establishing a family office can provide a wide range of beneficial services crafted to the needs of high-net-worth individuals and their families. Family office services tend to be a one-stop shop for a complete package of wealth management assistance. A member firm can offer philanthropy work, wealth transfer, tax solutions, investment management, and even insurance. …
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Cyprus has a longstanding history of being an epicenter for sailing and maritime trading. With a modern and attractive shipping scheme, ship registration in Cyprus has never been easier or more beneficial for anyone searching for the best global shipping center. The Aspen Trust Group explains the types of ship registration in Cyprus and the …
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Setting up Alternative Investment Funds and Registered Alternative Investment Funds in Cyprus allow investors to conduct business through a fund without the daily management required of other company structures. This type of structure along with the favorable tax regime of Cyprus enables investors to raise more capital and High-Net-Worth-Individuals to financially benefit from this alternative …
A Guide to Registered Alternative Investment Funds in Cyprus Read More »
Located in the Eastern Mediterranean, the island of Cyprus is one of the most favorable jurisdictions to consider for corporate restructuring and relocation. There are many benefits to restructuring a private company into a Cyprus company including tax optimization and business environment advantages. The Aspen Trust Group examines the reasons behind most corporate restructuring efforts …
The Rewards of Corporate Restructuring with a Cyprus Company Read More »
A Cyprus International Trust is one of the most attractive ways to protect your assets. The establishment of international trusts and its related legal frameworks allow individuals to plan for the transferring of accumulated wealth to other family members or Group companies with specific instructions. This vehicle of wealth protection and transferring of assets has …
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PRESS RELEASE—The Aspen Trust Group was recently named by the Washington Times in a news article as a leader among corporate service providers with an eye for the “unrealized” potential of Cyprus as the next big film production destination. The international film production incentives offered by the Cypriot government provide huge financial advantages for film …
A variety of film tax incentives has developed around the world to encourage the production of films and the expression of local stories. Although the film industry has been long established in places like Hollywood or Bollywood, global destinations provide the potential for new and interesting locations in movie production. Film tax incentives can be …
Aiming to increase the overall competitiveness and fairness of the tax system for foreign nationals, the Cyprus government introduced the concepts of ‘domicile’ and ‘non-domicile’ (Non-Dom) through an amendment of the Special Contribution for the Defence of the Republic of Cyprus Law of 2002 (SDC Law) in July of 2015. The Aspen Trust Group explores how …
