LSTS assists its clients in optimising tax gains and minimising tax leaks through expert international tax planning.
LSTS offers legal advice and support through Cyprus qualified corporate lawyers able to advise on all corporate law matters.
LSTS offers the full spectrum of fiduciary and company secretarial services required by clients optimising through Cyprus.
LSTS offers bespoke substance services allowing clients to tailor products and services to achieve the requisite presence.
LSTS offers assistance in opening bank accounts in numerous premium jurisdictions in Europe and Asia.
RUSSIA DEOFFSHORISATION 31 March 2015 Update Notification requirements for foreign structures – New date 15 June 2015 A bill has been submitted to the Upper House of the Russian Parliament, moving the deadline for submitting notifications on participation in foreign companies from 1 April to 15 June 2015. Our expectations are that this bill willRead More
CYPRUS FINANCING TAX STRUCTURES BACK TO BACK LOANS One Tier Financing Company Provisions of the Law Article 33 of the Income Tax Law 2002 (the “Law”) gives the Inland Revenue Department the power to adjust transactions between connected companies, entities and individuals on an arm’s-length basis and to tax the resulting deemed profits, gains orRead More
THE CYPRUS INTERNATIONAL TRUST On 8 March 2012 the House of Representatives in Cyprus enacted the International Trusts (Amending) Law of 2012 effecting various structural amendments to the International Trusts Law of 1992. A new era began for Trusts in Cyprus giving a favourable trust regime by ensuring that international investors, settlors and beneficiaries enjoyRead More
Cyprus: Europe’s Optimal Tax Regime. The synergy created by Cyprus’ modern, simple and attractive tax regime coupled with its advanced and adaptable English Common Law legal system have created the EU’s most efficient and effective tax regime in tax planning and asset protection. Why: 0% Tax on Dividends received – Dividends received by Cypriot taxRead More
Ежегодный Московский юридический форум Прошел Третий ежегодный Московский юридический форум, который является одним из крупнейших юридических форумов в России, в нем приняли участие более 1000 участников, в том числе такие известные в мире компании, как юридические фирмы “Magic Circle” и консультационная компания “Big Four”. Джон Иоанидес, начальник отдела юридического и делового развития кипрской компании LSTSRead More
(ARTICLE 13 – ‘Capital Gains’ UPDATE) Capital gains tax on Cyprus shares holding immovable property in Russia has been postponed UPDATE 29 DECEMBER 2016 In an announcement by the Cyprus ministry of finance on 29 December 2016 it is stated that an agreement has been reached between the Russian Authorities and the Cyprus authorities forRead More
“Deoffshorisation” Tax free repatriation of assets under liquidation of foreign entities Importance of initiating liquidation proceedings prior to 1 January 2017 FOREWORD Under the Russian Tax Code (the “Code”) Russian companies and Russian controlling persons can receive assets under liquidation proceeds from foreign entities tax free and also create a tax basis for futureRead More
Creditors Voluntary Liquidation FOREWORD Below we set the procedure for the creditors’ voluntary liquidation for a Cyprus company with references to the Cyprus Companies Law Cap. 113 (the “Cyprus Companies Law”) followed by a practical step by step procedure of the actions necessary to complete such a liquidation. LSTS members are licensed liquidators under theRead More
Members Voluntary Liquidation FOREWORD Below we set the procedure for the members’ voluntary liquidation for a Cyprus company with references to the Cyprus Companies Law Cap. 113 (the “Cyprus Companies Law”) followed by a practical step by step procedure of the actions necessary to complete such a liquidation. LSTS members are licensed liquidators under theRead More