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Trusts are widely used for the protection of assets. Cyprus introduced a competitive international trusts regime back in 1992 which was further amended in 2012.  Qualifications for Cyprus International Trusts (CITs)   Minimum of the trustee who must be a Cyprus tax resident for the whole duration of the trust Settlor must not be a tax resident of Cyprus during the year preceding the year in which the trust is formed  Beneficiaries must not be tax residents of Cyprus during the year preceding the year in which the trust is formed  Trust property can include all kinds of assets situated anywhere

Your Gateway to Europe through CyprusThe EU Blue Card is an employment-based residence permit designed to attract highly skilled professionals from outside the EU. It offers a streamlined pathway to live and work in Europe, particularly in industries facing talent shortages. With the exception of Denmark and Ireland, the Blue Card is accepted across the EU. Cyprus Joins the EU Blue Card FrameworkIn a strategic move to strengthen its competitiveness, Cyprus transposed Directive (EU) 2021/1883 into national law on 11 July 2024. This development opens new opportunities for skilled professionals—especially in sectors such as ICT, finance, and innovation—to live and

Reflect festival took place on the 15th and 16th of May in Limassol. It was an incredible opportunity for Highworth team to connect with visionaries, tech founders, investors, and change-makers from across the region. Together, we explored bold ideas, breakthrough innovations, and the future of business in an inspiring and dynamic environment.  Reflect Festival continues to be a catalyst for forward-thinking conversations, and we’re proud to have been part of it.

We are happy that Highworth attended to PowerX summit Beirut 13 and 14 of May 2025 powered by Berytech and met with very interesting people with innovative ideas and businesses. We are happy to be a part of your dreams, and business aspirations… throughout our experience and knowhow. Akis Kourouzides Christos Neophytou

It was an absolute honour for Highworth Cyprus to be part of the AUB Innovation Park Demo Day 2025! Our presence at this inspiring event is more than just a moment—it’s a reflection of a growing partnership between Cyprus and Lebanon. We’re proud to be mentors in the AUB mentorship program, supporting brilliant founders and innovative startups who are shaping the future. But truthfully, we’re learning just as much as we’re giving—growing not only in the entrepreneurial spirit, but in a shared sense of brotherhood and collaboration. Cyprus and Lebanon have always been close—not just geographically, but culturally and in

What is the “Cyprus digital nomad visa”The “Cyprus Digital Nomad Visa” Scheme allows nationals from non-EU and non-EEA countries, who can perform their work location-independently using telecommunications technology, to reside temporarily in Cyprus and work for an employer registered abroad or perform work through telecommunications technology for companies or clients located abroad.The Scheme’s goal is to strengthen Cyprus as a center for the provision of electronic services, where in combination with the other advantages offered by Cyprus, the attraction of digital nomads will contribute to the development of the business ecosystem and consequently to the economic development of the country.

IP Box Regime (known also as a patent box, innovation box or IP Box) is a corporate tax regime used by many countries to incentivize research and development activities by taxing revenues deriving from licenses, royalties, patents, sale or transfer of qualified ip assets dierently oering lower taxes compared to other commercial revenues. DISCOVER THE ADVANTAGE OF THE CYPRUS IP BOX REGIME The Cyprus IP Box Regime oers significant tax benefits for businesses that exploit Intellectual property (IP) assets. Here is a quick overview of the key advantages: 80% exemption on qualified profit from IP assets 0% tax on gains

One of the greatest challenges of international businesses is finding the right banking/payment solution partner. PERSONAL AND CORPORATE BANKING NAVIGATION We at Highworth, have developed relationships with a wide selection of banks, payment institutions, EMIs and e-commerce payment service providers in Cyprus and throughout Europe, UK, Canada, UAE and the Middle East. Our team of professionals can arrange for a private session with you to obtain a thorough understanding of your banking needs and based on our wide network, can provide you and/or your clients with valuable recommendations for banking solutions to include various jurisdictions to best accommodate your business

The formation of a company in Cyprus is governed by the Cyprus Companies Law, Cap 113, as amended. TAX TREATMENT OF CYPRUS COMPANIES Beneficial tax system Corporate Tax rate 12.5% (with eective corporate rate lower for most international transactions though Cyprus) No withholding tax on dividends received from foreign entities No withholding tax on dividends distributed to non-resident shareholders No withholding tax on royalties arising from sources outside Cyprus Profits arising from the disposal of securities are tax exempt Group relief provisions for companies resident in Cyprus Fully compliant with EU and OECD Special tax schemes available for Shipping industry,