Our Services


LEXeFISCAL provides a comprehensive range of high quality services including:

International tax planning

- Consulting and assistance in creating Cypriot based tax efficient structures.
- Assessing the Cyprus tax implications of clients proposed structures

Registration of Companies and Corporate Services

- Registration of companies in Cyprus and other offshore jurisdictions.
- Provision of nominee shareholders, directors and a registered office.
- Corporate secretarial services and office support.

Management and administration of companies

- Administration of day-to-day company affairs such as invoicing, placing and receiving orders,
  and operating company bank accounts on the basis of client’s instructions.

Audit and accounting services

- Maintenance of books and records using computerized accounting systems and preparation
  of periodic management reports.
- Payroll calculation and execution.
- Preparation and audit of financial statements in accordance with IFRS (International Financial
  Reporting Standards).

Cyprus tax consultancy and compliance

- Provision of comprehensive tax advice with respect to Cypriot taxation issues.
- Preparation and submission of tax computations and tax returns
  and timely payment of tax liabilities.
- Assistance in dealing with the examination and settlement of a company’s tax affairs.
- Provision of tax residency certificates.
- Tax due diligence on Cyprus companies.

VAT services

- Registration of companies for VAT.
- VAT compliance in terms of filing the necessary returns and payment of VAT liabilities.
- Assistance in dealing with VAT investigations and enquiries.

Legal services

- Consultancy on legal aspects of local and cross-border transactions.
- Assistance in drafting agreements and contracts in collaboration with reputable specialist law firms.
- Issue and legalisation of powers of attorney.
- Legalisation of incorporation and other company documents.

Trusts

A fiduciary structure can help not only protect your assets but can also offer you greater flexibility over their management and distribution. The most common type of fiduciary structure is called a 'trust', a binding arrangement whereby assets are transferred to a 'trustee', who is required to administer its assets for the benefit of specified beneficiaries. The trustee must do this strictly in accordance with the terms of the trust.

Through LEXeFISCAL, worldwide licensed trust and trustee companies clients are offered:

- A bespoke offshore trust establishment service.
- Trusteeship and related services.
- Trust fund administration.
- Trust accounting and maintenance of asset ledgers.
- Reporting and filing when required.
- Financial consultancy and guidance.

How an offshore trust operates

An offshore trust is created when a person's or a company's assets are transferred to a trustee. The original owner of the assets is known as the 'Settlor'. The trustee then becomes the legal owner of those assets, and is responsible for managing and distributing them to the nominated trust 'beneficiaries'. A beneficiary can include the person or corporation who transferred the assets to the trustees in the first place; if that is in accordance with the terms of the trust 'deed'.

The 'deed' is the document outlining the terms under which the trustees administer the assets. Dependent upon the jurisdiction where the trust is held, there are varying laws about how the trust's assets can be handled.

What sort of assets can be held by an offshore trust?

- Shares and stocks in either quoted or unquoted companies.
- Investment portfolios.
- Tangible and intellectual property.
- Bank deposits.
- Life assurance policies issued on the life of the Settlor
- Most other types of asset

The Benefits of Offshore Trusts

- Asset protection.
- Trusts can be tailored to specific family requirements.
- Trusts are recognized in all common law jurisdictions.
- Trusts are gaining increasing recognition in important civil law jurisdictions.
- The existence of a private relationship between the settlor and the trustees and beneficiaries.
  For example, in Cyprus, offshore trust deeds are not publicly registered.
- Trusts are used by corporations for schemes such as employee benefit plans, retirement and stock
  options, insurance policies and special finance arrangements.
- Trusts are an important weapon in one's armory of international income, capital gains
  and estate tax planning.

To find out more, please go to Trusts Explained

Highlights
Contact Info
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LEXeFISCAL
2nd Floor
Berkeley Square House
Berkeley Square
London W1J 6BD
UNITED KINGDOM

Phone: +44 (0) 20 7887 1948
Fax: +44 (0) 20 7887 6001
Email: Send E-mail


116 Makarios III Avenue
Thelma Court
2nd Floor
Limassol
Cyprus 3021
Phone: +357 25 25 38 18
Email: Send E-mail

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