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Fiduciary Services - what does it mean and why it is so common in Cyprus? Why so many lawyers are using this phrase?

Lawyers and Service Providers have the fiduciary duty to act in the best interests of their clients

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Services offered by fiduciary service providers:

  • Substance services
  • Holding of shares on behalf of the real owners
  • Acting as directors, company secretary and shareholders of a company
  • Providing a physical address to a company
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