Cyprus family business · no IHT · Trust override
Cyprus has NO inheritance tax + NO gift tax + NO wealth tax. Cyprus International Trust (Law 69(I)/1992) overrides foreign forced-heirship rules. Cyprus Family HoldCo + AIF + Trust architecture combines: operating-business control + investment-portfolio professional management + multi-generational asset protection.
Free 30-min consultation. Reply within 24h.
— WHAT YOU GET
Section 3(2) of International Trusts Law 69(I)/1992 — Cyprus Trust assets are NOT subject to foreign forced-heirship rules (French réserve, Italian legittima, Spanish legítima, etc.). Settled into a properly-constituted Cyprus Trust, family wealth distributes per the trust deed regardless of foreign forced-heirship attacks.
Cyprus Family HoldCo holds the operating-business shares. Family members can own different share classes (voting + dividend rights differentiated for senior + junior generations). 0% Cyprus CGT on intra-family share transfers + share-sale exits.
Cyprus AIF (RAIF / AIF / AIF-LNP) manages liquid family investment portfolio. Multi-compartment umbrella supports separate investment mandates per family branch. Article 9(1)(g) titles exemption on portfolio gains.
Cyprus abolished estate duty in 2000. Subsequent intra-family wealth transfers + multi-generational succession: 0% Cyprus tax. CGT (20%) on Cyprus immovable property disposals still applies but intra-family transfers typically exempt. Wealth-protection at meaningful scale.
— EVERYTHING INCLUDED
— PROCESS
Inventory: operating businesses, investment portfolio, real estate, IP, art, crypto. Map family structure (generations, geographic spread, residencies). Define succession objectives + governance preferences.
Cyprus Family HoldCo (operating-business holdings + share-class structure). Cyprus AIF (portfolio + investment mandates). Cyprus International Trust (asset-protection layer + succession trigger). Multi-layer architecture per /articles/cyprus-family-office-structures-2026.
Cyprus Ltd Business tier formation (10 working days). Cyprus AIF setup (1-3 months RAIF, 4-9 months AIF). Cyprus Trust constitution. Asset transfers per planning.
Annual structure review, trustee + family-office governance, beneficiary distributions, generational transitions. 3-5 year strategy reviews. Generation-skipping where appropriate.
We deliver Cyprus family-business structures with documented asset-protection rationale, forced-heirship-override Trust deeds, and multi-generational governance frameworks. If a foreign-court forced-heirship attack succeeds against the Cyprus Trust purely because of our own drafting error, we restructure at no cost.
— COMMON QUESTIONS
Yes — Cyprus abolished estate duty in 2000. No inheritance tax, no gift tax, no annual wealth tax. CGT (20%) on Cyprus immovable property disposals continues; intra-family transfers generally exempt under specific transfer-relief provisions.
Possibly — your home-country IHT (UK 40%, FR 5-45%, etc.) typically applies based on deceased's domicile or residency at death, regardless of where assets are located. Becoming Cyprus tax-resident under Non-Dom does NOT automatically change your home-country domicile. Coordinate with home-country estate adviser.
Foreign courts may attempt jurisdictional reach against trustees, beneficiaries, or settlor depending on connections. Cyprus courts respect the trust deed under Cyprus law. Asset-protection effectiveness varies by foreign jurisdiction + facts. Structuring + asset-location planning matter.
Cyprus forced-heirship (Wills + Succession Law Cap. 195) applies. The Cyprus International Trust override under Section 3(2) is for non-Cyprus-domiciled settlors. Cyprus domiciliaries use other planning tools (family-office structures, share-class differentiation, business-succession agreements).
Section 8 of Law 69(I)/1992: PERPETUITY permitted for International Trusts — no rule against perpetuities applies. Trust can continue indefinitely until distribution or specified termination conditions. Multi-generational.
Yes — Cyprus International Trust allows settlor as beneficiary (subject to restrictions). The settlor's interest is a beneficial interest in the trust assets. Foreign-jurisdiction tax + estate-tax rules may treat differently. Coordinate with foreign tax advisers.
Reply within 24 hours from a senior adviser. No obligation, no upfront fee.