We meet Michael Doherty, CEO of the Woodbrook Group which offers comprehensive financial planning and investment consultancy services for high-net-worth individuals .
It is a small island but in the world of international investment Cyprus punches way above its weight. The number and range of companies choosing to locate their regional or global headquarters there have risen markedly in recent years. But, attractive though this sunshine island is, not everyone who makes it their business hub chooses to live there. Woodbrook Corporate Services/Mutual Trust, part of the Woodbrook Group, reports that the majority of its Cyprus-linked clients are not based on the island but trade through Cyprus globally.
CEO, Woodbrook Group
The international trust and corporate service provider has the experience and expertise to assist cross-border investment almost anywhere in the world. It specialises in cross-border structuring and can help clients take advantage of favourable tax jurisdictions and double tax treaties. “It is a strategic, ongoing process, customised to your unique needs,” says Woodbrook CEO Michael Doherty, who was recently recognised as one of the 100 Most Influential in the Global Financial Industry. “It is always our goal with each client to build a strong relationship that allows them to get on with their lives knowing their wealth is working for them.”
Woodbrook begins by learning about each client’s financial position and where they would like to be in the future. “Once we understand your objectives we then look at all the options available to you and advise on the best possible solutions to achieve your future goals,” says Mr Doherty. “Our aim is always to provide the very best advice and to direct our clients to the options which will protect and increase their wealth. Our philosophy is to build a long term and trustful relationship with our clients, always keeping them in control of their investments.
“The majority of our clients are not based in Cyprus but trade through Cyprus globally. So, if you run your business through Cyprus, without ever setting foot on the cleanest beaches in Europe, you can still stand to save a huge amount on your tax bill.” In today’s world people often move location. “That’s why we ensure you that our services are not location, but rather client based,” said Mr Doherty.
Woodbrook provides an impressive suite of corporate solutions for clients, including company regulation, Trust formation, investment and wealth planning as well as accounting, tax and legal services. It helps clients to open bank accounts and guides them through the citizenship process. Whether you see Cyprus as a base from which to do business, or a hub through which to do business, it is crucial to take the right on-the-spot advice.
Why Cyprus?
• The Republic of Cyprus is a modern, European democracy
It has two international airports, two well-equipped sea ports and good internal communications
• A member of the European Union, it is the eastern gateway to the EU’s market of 500 million people
• The island is also a perfect springboard to the markets of the Middle East and Asia and enjoys excellent relations with the Gulf states
• The corporate sector is welcomed and facilitated and there are big tax advantages, this is reflected in
Cyprus’ highly competitive 12.5% corporation tax rate
Woodbrook Group Berengaria 25, 25 Spyrou Araouzou, 6th Floor, 3036 Limassol, Cyprus
t: +357 252 72820
e: contact@woodbrookgroup.com
www.woodbrookgroup.com
