Corporate

European Company Formation, Governance And Administration

We register companies in almost all jurisdictions in Europe. New regulations and changes in domestic taxation rules elsewhere caused high demand for a European company for business structuring.

It is a correct time to give a new start for your existing business by registering a company Europe in order to gain a foothold in the EU market and to avail of numerous business opportunities available, joining high living standards also matters.

You can choose any EU county if you have your own reasons, however the most popular Top 5 jurisdictions for EU company formation are:

• Cyprus
• Malta
• Ireland
• UK
• The Netherlands

Please contact us for more information on each jurisdiction.

Other jurisdictions

In case you still prefer to register a company in a jurisdiction outside the European economic zone, we can assist you with the correct choice of the low risk offshore jurisdiction that follow the requirements of the AML laws similar to the European.

In case you wish to start your business in USA, Canada, China, Russia or any other jurisdiction and you have your business reasons for that, we will assist you again.

In European Union

European Union Trademark grants protection over the entire EU with one registration. This Trademark Registration includes protection in: Austria, Bulgaria, Belgium, Croatia, Czech Republic, Cyprus, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, The Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain and Sweden.

In Cyprus

The trademark registration procedure can only by conducted by lawyers in Cyprus.

The application must be filed separately for each class of products or services.

Trademarks in Cyprus have seven-year validity from the initial registration and may be renewed for 14 years after the first 7 years.

Internationally

We will also assist you in registration of the trademark in the country of your choice.

Ask us about the requirements by contacting us.

The main legal framework governing trusts in Cyprus is a combination of English common law, the Trustees Law of Cyprus and the International Trusts Law of Cyprus.

There are four types of CIT:

• Express private trusts
• Charitable Trusts
• Fixed Trusts
• Discretionary Trusts

The settlor and the beneficiaries must not be tax residents in Cyprus during the year preceding the year of creating a CIT and at least one of the trustees must be a permanent resident of Cyprus.

Succession, heirship or other laws applicable in foreign jurisdictions or court judgments or orders or arbitral awards or decisions by foreign competent authorities do not affect the validity of a CIT or the transfer of property to the trustee of a CIT. A CIT may only be challenged on defraud of creditor grounds with a two-year limitation period. The trustees of a CIT are bound by confidentiality and cannot disclose information or documents unless ordered by a Cyprus Court or required by law.

Basics of CIT taxation

Beneficiaries who are not tax resident in Cyprus are subject to tax only on income and profits sourced in Cyprus. Beneficiaries who are tax resident in Cyprus are subject to tax in Cyprus on income and gains of the trust earned from sources within and outside Cyprus.

Capital gains tax applies only regarding gains from the disposal of real estate situated in Cyprus or shares of a company holding property situated in Cyprus. No estate duty is payable by a CIT that was formed for the purposes of estate duty planning.

Cyprus trusts fall within the scope of double tax treaties provided that the other contracting state recognises trust structures and principles of equity and the trust itself meets the eligibility criteria set out in the relevant treaty.

As professional Escrow Agent we help you successfully mitigate risks on business and financial transactions. We guarantee your deals to be closed securely.

For all parties of the escrow agreement we guarantee the due diligence and compliance performed by experienced lawyers, AML & general compliance specialists.

For a buyer, we ensure that documents are and/or funds are released according to the strict terms and conditions of the agreement between the parties.

For a seller, we ensure that the documents/titles are transferred to the buyer only if the purchase price is secured on the Escrow account and can be transferred to the seller without delay on the procedure agreed by the parties.

For an intermediary/introducer, we ensure that the commission or fee agreed by the parties is secured on the escrow account and will be transferred to him from the deposited funds in any case if the deal is closed.

Advantages of escrow

• Successful completion of big deals following the sequence of events agreed by the parties;
• Due performance of any agreement by all parties;
• Counterparty's due diligence check;
• Exception of unnecessary court actions in the event of failure of one party to perform.

We provide advice on banking services relevant to the client`s needs:

• Bank account openings with local and foreign banks;
• Registration of accounts in the payment systems for online payments;
• Compliance checks of the client`s due diligence and KYC before application process;
• Safe and trustworthy management and monitoring of bank accounts on behalf of the client;
• Communication to the bank.

Cyprus as a jurisdiction is well known for its favorable tax regime with a strong transparent legal system and its compliance with the standards set up by the European Union (EU) and the Organization for Economic Cooperation and Development (OECD).

Under OECD model convention a Cyprus Company will qualify for benefiting the Double Taxation Treaties if the following criteria are met:

1. The Company is a tax resident of the state it is registered in; and
2. The Company is the beneficial owner of the income distribution (dividends royalties, interest).

Central Bank of Cyprus also obliged the Cypriot banks to require proof of certain substance for opening of bank accounts.