
Family Offices in Cyprus
Establishing and Managing Family Offices in Cyprus
At AGPLAW, we help high-net-worth individuals and families design, implement, and manage comprehensive Family Office structures in Cyprus.
A family office is more than just a company, it is a platform for consolidating wealth management, succession planning, investment administration, governance, lifestyle services, and philanthropy under a single strategic umbrella.
Cyprus, with its strong legal framework, attractive tax environment, and strategic location, offers an exceptional base for establishing family offices that serve families with local and global interests.
We design, establish and support bespoke Family Offices in Cyprus, helping high-net-worth families manage wealth, succession and philanthropy securely and efficiently.
Our team delivers integrated legal, tax, and structuring solutions that turn complex family wealth into a clear, secure, and future-proofed strategy
Our Services
We offer end-to-end solutions for creating and operating family offices in Cyprus, including:
- Strategic Structuring Advice
Tailored design of the family office structure, aligned with the family's objectives, asset types, tax profile, and cross-border presence.
- Entity Formation
Incorporation of management companies, holding companies, trusts, foundations, or other special purpose vehicles needed to implement the strategy.
- Tax Planning & Structuring
Ensuring full compliance with Cyprus’s tax laws while optimizing efficiency using the island’s competitive tax rates and extensive double tax treaty network.
- Trust and Trustee Services
As qualified trustees since 2005 (STEP), we provide setup and administration of Cyprus International Trusts (CITs) and Private Trust Companies (PTCs) to protect family assets and facilitate succession planning.
- Employment & Immigration Support
Assistance with Business Facilitation Unit (BFU) registration, employment contracts, and immigration permits for family office staff, including non-EU nationals.
- Governance & Succession Planning
Drafting of family constitutions, Wills, shareholder agreements, and trust deeds to ensure orderly multi-generational wealth transfer and family governance.
- Philanthropy Structuring
Establishment and administration of foundations or associations in Cyprus to manage the family's charitable and social impact activities.
- Regulatory & Compliance Support
Guidance on any required licensing or regulatory approvals, including Cyprus Securities and Exchange Commission (CySEC) matters for investment management structures.
- Ongoing Legal and Corporate Services
Comprehensive support for the day-to-day administration of the family office, including corporate maintenance, contract drafting, compliance, and dispute resolution as needed.
Who Needs a Family Office?
A family office is suitable for:
- High-net-worth families with complex asset structures.
- Entrepreneurs seeking to separate personal wealth from business risk.
- International families needing cross-border tax and legal planning.
- Families focused on succession planning for minor or multiple heirs.
- Philanthropic families wanting formal, tax-efficient giving structures.
Our Approach
At AGPLAW, we do not offer off-the-shelf solutions. We take time to understand the unique needs of each client, their asset base, family structure, and long-term vision. We then design and implement a customized, flexible, and compliant structure that can grow and adapt with them.
We aim to become long-term partners and trusted advisors to the families we serve.
Cyprus offers multiple advantages as a base for family offices:
- Low corporate tax rates (12.5%, moving to 15% under OECD minimum tax rules).
- No inheritance tax and capital gains tax exemptions on securities.
- English common law foundation with robust asset protection legislation.
- EU membership and strategic geographic location.
- Streamlined procedures for employing non-EU staff under the Business Facilitation Unit.
- Extensive network of double tax treaties.
- Stable, modern banking and professional services infrastructure.