Company Setup

An experienced team of company incorporation specialists.

Support and guidance with the entire immigration process. 

We can assist you with the opening of a bank account in Cyprus.

About Us

Dauntless Trust Corporate Services (“Dauntless”) is a client-oriented business. We focus on providing tailor-made services to our clients and thrive in developing and maintaining long-standing professional relationships. We understand that every client’s needs are unique which is where we can propose, design and advise on the various best possible solutions to you.

Dauntless is incorporated in Cyprus, where there is a competitive tax regime and transparent legal system. Cyprus offers highly attractive investment opportunities, as real estate returns are amongst the highest and most stable in Europe. Such circumstances make Cyprus a favourable jurisdiction for holding companies and for the ownership of intellectual Property.

We are registered and duly members of The Institute of Certified Public Accountants of Cyprus (ICPAC), and each of our clients’ individual trusts are registered under the authority.

A major asset of Dauntless Trust is our dedicated team of company incorporation specialists that have years of experience with both UK and European jurisdictions. We understand the complexities that can arise with International Tax Planning, asset protection and wealth management, and pride ourselves in providing customer-tailored trust services that fit each and every one of our client’s needs.

We work with both private clients and companies, and our trust experts will be happy to discuss with you your particular circumstances and requirements whilst maintaining the level of excellence you deserve.



providing customer tailored trust services

Services

Trust Services

  • The establishment, organisation, and ongoing administration of trusts
  • Accounting services and financial reporting
  • The creation and establishment of banking relations
  • Estate planning
  • Handling correspondence with relevant third parties when needed
  • Legal services from our external consultants
  • Helping clients set up Cyprus International Trust (CIT) procedures, such as offering structure ideas for managing, creating and dissolving a CIT as well as drafting all legal documents.

services

Cypriot Company Setup and management

  • Incorporation of companies, partnerships, and other entities in Cyprus, which will be tailored to your specific requirements. This includes drafting of Memorandum & Articles of Association and/or other relevant agreements such as partnership agreements
  • Domiciliation and representation services (providing nominee shareholders)
  • Acting as both executive and non-executive directors, which complies with the new regulations on economic substance
  • Acting as the company secretary; maintaining and updating all company registers, prepare and lodge filings and minutes of the company’s meetings, maintain company’s statutory registers, issue share certificates and prepare any other document required by the law
  • Provision of management services to the Cypriot Company, including annual tax compliance services, accounting, annual compliance with Registrar of companies requirements, reviewing and drafting of shareholders’ directors’ and other services/loan agreements
  • Provision of company business address to be the same as registered address, which complies with the new regulations on economic substance
  • Providing the appropriate advice solutions and tax planning
  • Liaising with the company’s auditors when audited financial statements are being prepared.

A dedicated team of company incorporation specialists

services

International tax planning

  • We can assist companies in obtaining tax efficiency when accommodating business/regulatory needs
  • Provide support for cross border transactions
  • Give guidance to those reporting under MDR in the EU or EU Anti-Tax Avoidance Directives
  • Support clients in identifying favourable tax structures for international investments/transaction, implement Double Tax Treaties and EU directives, review existing or proposed structures, transfer pricing issues and other tax structuring issues.

services

Cypriot Immigration Services

  • We offer support and guidance for newcomers to Cyprus with the entire immigration process.
  • We can refer clients on to a local network of associates such as law firms, Cypriot banks and property developers
  • Support you with each of the following classifications of immigration applications that are available in Cyprus:
  • Permanent Residence in Cyprus(Immigration Permit)
  • Cypriot Citizenship Through Investment (Passport)
  • Cypriot Employment Permit

services

Bank Account Opening

  • We can assist you with the opening and administration of a bank account for your newly established company with most of the banks that operate in Cyprus and through our network of associates with global international banks
  • Bank support services include:
  • Banking introductions to reputable banks in Cyprus and abroad
  • Assisting and complying with KYC (Know Your Clients) and due diligence procedures
  • The opening and maintenance of corporate and individual accounts

  • Arranging back-to-back loans, debit cards, on-line banking services and other credit facilities

cit

cyprus international trust

  • To meet the requirements of a CIT, the settlor and beneficiaries must not have been tax resident in Cyprus during the preceding year
  • In the event of fraud, a CIT can only be challenged by creditors, within two years of the date that the fraud took place
  • Laws applicable in foreign jurisdictions do not affect the validity of a CIT or the transfer of property to the trustee of a CIT
  • The CIT may last for an unlimited amount of time
  • The amount of income accumulated by the CIT has no limitation
  • Other than ‘family situations’, a CIT can also be used for business transactions and as a vehicle for charitable and other purposes
  • All trustees have the duty to maintain confidentiality regarding the trust unless a court order is issued by the Cypriot Court.

    contact us

    get in touch

    If you would like to know more about our services, please contact us using the form or email address below

    email address:

    enquiries@dauntlesstrust.com

    address

    Dauntless Trust Services Limited Thiseos 7, Strovolos 2042, Nicosia, Cyprus

    Copyright © 2022 Dauntless Trust Services Limited.