Since 2012 we run a partner office in LIMASSOL.
The legal and tax environment in Cyprus opens up a number of interesting design options, especially because well-known leasing schemes for turbo taxation of yachts in the EU are a thing of the past. There is no substitute.
We have developed for our customers:
1. CPS Cyprus Yacht Holding Model for holding and managing EU-taxed pleasure yachts for EU use by EU taxpayers: Yacht Assets Management
2. CPS Cyprus Yacht Group Model as the basis for the acquisition and operation of yachts under commercial registration through use as own and third party charters
3. CPS Cyprus Charter Yacht Company Model as a basis for the acquisition and operation of yachts under commercial registration through use as own and third party charter
4. Special-Yacht-Einheitschaftmodell for taxpayers in Austria for tax-free operation of charter yachts
Depending on the intended use and the surrounding situation, we design the appropriate overall solution.