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- Wealth-Management-Model for holding and managing EU-taxed pleasure yachts for EU use by EU taxpayers: Yacht Assets Management
2. CPS-Cyprus-Yacht-Charter-Model as the basis for the acquisition and operation of non-VAT-paid yachts under commercial registration for own and third party charters
3. Special-Yacht-Model 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.