CHARITABLE FOUNDATIONS AND TRUSTS

A trust can safeguard your wealth, support succession planning and ensure your assets are managed and distributed according to your wishes. It offers flexibility for both family and other purposes, providing long-term security and confidentiality.

A trustee is responsible for managing the trust, overseeing assets and ensuring compliance with the Trust Deed and legal requirements. In some cases, a Protector may also be appointed to provide oversight or guidance. At Enalian Consulting, we provide professional trustee services to ensure your trust is in safe hands.

Cyprus foundations offer a flexible and secure way to manage wealth, support charitable goals, or plan for succession. They benefit from a robust legal framework, EU jurisdiction, and favorable tax treatment, making Cyprus an attractive location for both local and international founders.

Cyprus trusts are widely recognized for their strong asset protection features, confidentiality and flexibility in structuring. They are often used for succession planning, tax efficiency and safeguarding assets from future risks, while operating under a modern and trusted legal framework.

To set up a trust, you’ll need a trust deed outlining the structure, appoint trustees and identify beneficiaries (or specify the purposes of the trust). We provide full legal support and trustee services to ensure your trust is properly structured and compliant from the start.

To establish a foundation in Cyprus, you’ll need to define its purpose (charitable, private, or mixed) , appoint a board or council and prepare the necessary documentation, which need to be tailored and fully compliant with current. Our team guides you through every step, from drafting the statutes to ensuring regulatory approval and ongoing compliance.

Yes. Both foundations and trusts can have tax implications depending on their structure, purpose and cross-border elements. At Enalian Consulting, we provide tailored tax planning to ensure your foundation or trust is both efficient and fully compliant with all applicable laws.