Gold Magazine November - December 2013, Issue 32 | Page 67

jurisdictions: through our worldwide
network of affiliates and correspondents
we provide our clients with companies in
many other jurisdictions such as Bahamas, Belize, British Virgin Islands (BVI),
Hong Kong, Isle of Man, Panama, Dubai,
Seychelles, Singapore, UK, etc.
• Management and administration of
companies in Cyprus and in all the above
jurisdictions
• Redomiciliation of companies: Cyprus
has introduced appropriate legislation
and regulations and is now one of the
jurisdictions which allow redomiciliation
of Companies in and out of Cyprus.
• Management, Administration and Nominee Services: Provision of registered
office address, provision of corporate or
individual nominee directors and shareholders, company secretarial services
etc.
• Opening and administration of bank
accounts in Cyprus and abroad
• Registration of branches in Cyprus
• Trust and custodial services
• International re-invoicing structures for
the reduction of overall tax burdens
• Receiving, handling and forwarding
of correspondence and representation
services
Cyprus Holding Companies
Cyprus is one of the most attractive
countries within the EU in which to set up
a holding company. A great number of
international businesses have established
Cyprus holding companies mainly due
to the combination of the low corporate
tax, now standing at 12.5%, with the
completely tax-free income from dividends and the reduced (or eliminated)
withholding taxes as a result of Cyprus’s
extensive network of Treaties for the
Avoidance of Double Taxation.
Cyprus International Trusts
Cyprus is a reputable international financial centre with very attractive opportunities for setting up and operating a trust.
Asset protection by means of a Cyprus
International Trust (CIT) is a very effective
legal way of placing the assets of high

net worth individuals beyond the reach of
future potential creditors or other claimants.
Furthermore, the CIT is used in many other
situations, such as tax planning, estate
planning, for wealth management, investment, charitable purposes, etc.
The recently-amended Cyprus International
Trusts Law provides maximum protection
and flexibility to trust structures and many
other benefits. Pagecorp Group specialises
in the creation and administration of trusts
and offers trustee services to corporate
entities and high net worth individuals from
around the world.
International Tax Planning
Pagecorp Group has extensive experience
in assisting clients to minimise their tax liabilities through the proper and effective
use of international corporate structures.
For many years, major multinational corporations from the international market have
been using and benefiting from the international tax planning services of the Group.
International Business Centre
Always focusing on a client’s particular
needs, Pagecorp Group has recently
launched the Omega Court International
Business Centre (Ω Court IBC) to satisfy the
need of businesses for fully-serviced offices. The Ω Court IBC is ideal for overseas
organisations wishing to establish a presence in Cyp 'W2