Archive for February, 2009
Foreign Company Offshore and Online incorporation how?
Posted by peter in Cyprus Company Formation on February 28, 2009
Many people think it is needed to visit the country where they decided to incorporate their offshore corporation.
To open a company for instant in Cyprus don’t need to a visit, all Limited Companies in Cyprus ( LTD company ) can be registered online through your company formation Agent in Cyprus.
The steps are very simple;
You decide which type of company you would like a Limited Liable Company a Limit Trade Company or even a IBC Company (International Business Company).
Next, you go and submit your documents which the Offshore Company Agent will require, typically a Phone or Electricity Bill and copy of Passport together with a brief business description, that’s all. The documents can be submitted securely online.
Now you will receive your Company Registration Application for your LTD, IBC or LLC Company and you just need to fill and sign and return the application, takes less than 5 min.
Within 5 – 8 days you are ready to conduct business with our Cyprus LTD or Cyprus IBC or Cyprus LLC Company. Cyprus Company incorporation is very easy and can be connected with a Euro Bank Account in a Cyprus Offshore Bank Account.
For more information please contact CCLOGIC .COM a duly incorporated company in Cyprus.
Incorporate Offshore Company without a risk!
Posted by peter in Cyprus Bank Account, Cyprus Company Formation on February 27, 2009
Today’s Internet world make it easy to buy new products order holidays and even registers companies online. Many think that incorporating a Offshore Company for instant in Cyprus is a pain and difficult since you will need to travel to the country and maybe even speak the language.
Many don’t know that the incorporation of a new or pre registered IBC ( International Business Company ) or LTD ( Limited Trade Company ) can be done online without traveling to the country of the offshore jurisdiction. This is not the case. You can just apply online through a website, e-mail or courier your documents to the Agent you choice to incorporate your offshore company and which will even operate the offshore company for you on your demand.
When first you decided to establish a Offshore Company for your business you will quickly find it necessary to open a Offshore Bank Account for your Offshore Company, which many people are mislead to believe is again a pain and difficult to become.
What do I get if I order an Offshore Company for instant in Cyprus?
- Apostil, documents
- Company Certificate
- New company formation or Pre Registered Cyprus Company
- Nominee Director / Optional
- Nominee Shareholder / Optional
- Company Number
- No need to pay TAX on net profit if incorporated properly.
- Registration within 7 – 14 days
- Can trade WorldWide no limitation at all
- International Business Company ( IBC ) / Optional
- Limited Trade Company ( LTD ) / Optional
To open a Offshore Bank Account for instant in Cyprus ( Cyprus is the common place worldwide to open Bank Accounts, even anonymously) it only takes a few minutes to fill an online application sign it and send it by e-mail or courier to your Agent which already handle your Offshore Company. You will have several options to choice from. You can open Personal or Business Offshore Bank Accounts with ease or even both. You don’t need to have notarized documents, passport or company certificates. The entire task only takes about 3 – 7 days and you have a fully operational Offshore Bank Account which comes in Multi Currency, Advanced English language Internet Banking and even if you like a Offshore Debit Card to withdraw money.
Through your Internet Banking you can withdraw money to any other local bank account you like. With your Offshore Bank Account you become an IBAN number and a SWIFT code that ensures you are able to receive money from anyone WorldWide.
What will I get if I open an Offshore Bank Account for instant in Cyprus?
- Euro Bank Account
- USD Bank Account
- Internet Banking – e-Banking
- IBAN Account Number
- Offshore Debit Card / Visa Electron Card / optional.
- Mastercard Credit Card / Optional
- Visa Credit Card Card / Optional
- Fax or phone Money orders
Many think that just because they become a Offshore Bank Account they are unable to receive money from other banks, that’s not true as already mentioned above your Offshore Bank Account comes with an IBAN number and a SWIFT code and through your Internet Banking Access ( E-banking) you will have access to your account 24/7/365 and ONLY YOU.
For more information please contact CCLOGIC LLC we are specialized in Offshore Company Formation and Offshore Bank Accounts and also to provide Credit Card Processing for your online business if needed.
Offshore Incorporation or BVI Company Registration?
Posted by peter in Cyprus Company Formation on February 26, 2009
Ever wondered what the different is between a Offshore Incorporation or a BVI Company Registration? If so here we will quickly explain the difference.
Actually the two terms are almost the same meaning.
BVI Company Registration:
BVI is a corporation in the British Virgin Island and is covering the same benefits as any other Offshore jurisdiction, Companies in the British Virgin Island ( BVI companies) are located in a Tax Haven which means almost no TAX of net profit, assets protection and optional Anonymously company incorporation.
Offshore Company Registration:
Means to incorporate a company within a TAX Haven which covers no TAX on net profit, assets protection, anonymously corporation of an LTD company and in some jurisdictions also the possibility for Bearer Shares.
CCLOGIC LLC is able to help you with the full scale of business formation in for instant Cyprus, we are a company formation agent with many years of experience in the fields of company formation services.
Anonymous Bank Accounts and anonymous banking how?
Posted by peter in Cyprus Bank Account, Cyprus Company Formation on February 24, 2009
Are you seeking anonymous banking facilities for your corporation or just for you in person? Then read here we will show you a few ways to easily and without notarized documents to become a business or personal bank account as easy as say 123.
That said then we will have a few things in place before we go an apply for an anonymous bank account in an offshore jurisdiction with an Offshore Bank for instant in Cyprus.
You will need a reference letter which can be obtained by your existing bank, a lawyer or certified accountant the last one you can find looking up in your phone book.
Next you will need a Utility bill which can be a phone or electricity bill, or you can make a copy of a reason bank or credit card statement.
Finally you will need to have a scanned copy of your passport or any other picture ID which is issued by some authorities of your country.
That’s it, now we are ready to apply for an anonymous Offshore Bank Account with an Offshore Bank in an Tax Have jurisdiction.
What you will do is to find a European offshore jurisdiction which could be for instant Cyprus and which have a good bank secrecy. In the Offshore jurisdiction you will need to find a Agency service which often is doing Offshore Company Formation and Offshore Bank Account opening services at the same time together with TAX planning for Offshore corporations and entities.
Don’t know where to find such an Offshore Corporation service? Wait and look at the very end of this article.
Now you have your documents ready, you have found your Offshore Jurisdiction and you found an Agency service which is dealing with offshore incorporation and Offshore Company formation as professionals.
Ask for the Banking application, ask if they have some Online Internet Banking, if you need to visit the Offshore Jurisdiction where the Bank is located for instant Cyprus and ask if you need to visit the Offshore Country / Tax Haven. In 99% everything can be done online without you to have to travel anywhere. Most Offshore Banks will open account through Offshore Company registrars also called Offshore Company formation agencies or trust services. You will complete a few application which are send electronically to the Offshore Agency service which again will send it to the Offshore Bank they work with.
The entire step take about 5 – 8 days!
Wait, how do I get an anonymous Offshore Bank Account with Online Internet Banking, multi currency and an offshore debit or credit card?
If you open a Cyprus Offshore Bank Account as a personal bank account, the banking secrecy will protect you at a certain level, but to get 100% anonymous offshore bank account, you will need to register or incorporate a Cyprus Offshore Company. The offshore company should be registered with foreign nominee directors and shareholders and you will need them to sign the documents for the offshore bank account opening you will get the Online Offshore Internet Banking pin codes and only you will have access to your offshore bank account, they will not have access to any of your moneys.
For Cyprus Offshore Company Formation and Cyprus Offshore Bank Account opening without notarized documents and 100% anonymously please contact CCLOGIC LLC we have several years of experience in the fields and work fast, secure and professional.
How to avoid paying TAX with your Cyprus Offshore Company?
Posted by peter in Cyprus Company Formation on February 17, 2009
We see more and more false information in the forums around about Cyprus Companies and the impossibility to avoid paying TAX with such company.
The problem many people have is that they want to be anonymously and at the same time don’t want to pay TAX, that’s almost not possible.
Below are 3 ways to structure your company and still not pay any TAX as a foreigner:
1. You register your Cyprus Company as regular and don’t choose any Nominee Share holder or Director but register yourself or a business partner as director and shareholder, this will give the company the status of a foreign business company (International Business Company) owned by non Cypriot’s. The company now doesn’t need to pay any TAX! The beneficial owner of the company, the directors and shareholders will be public available in Cyprus.
2. You register your company with a nominee shareholder and director and you will have a 100% anonymously company. This will don’t give you any benefit for avoiding TAX a 10% TAX is payable on the company’s net profit.
3. You establish the company with the director and shareholder to be a foreign company, this could for instant be Belize, Panama or The Netherlands Antilles. This will give the company the status of an IBC (International Business Company) and the TAX that has to be paid is 0%. This constellation will also give you a 100% anonymously company.
We have several ways to help you in regards to avoid TAX and also become anonymously.
Please contact CCLOGIC LLC today for your Cyprus business setup and we will be more then glad to help you.
How do nominee shareholders and directors can be useful to my new corporation?
Posted by peter in Cyprus Bank Account, Cyprus Company Formation on February 13, 2009
The question has been asked by many of our clients which want to incorporate their business in Cyprus but don’t have the experience yet of such an advanced and powerful step.
To explain it I will start to say that it is in any way mandatory to have a nominee shareholder or director for your Cyprus company formation.
A nominee shareholder:
This is a person which is a Cypriot and which is acting as shareholder on behalf of the beneficial owner of the company and which can be any person as long as he is a resident of Cyprus. (for this purpose)
A nominee director:
It is almost the same as a nominee shareholder, the different lays in that the director will have a power to act on behalf of the Cyprus Company and can finalize business deals on behalf of you without prior notice.
When we go and register Cyprus companies and our client’s business is of nature of where they are not willing to release their own identity (this can be for many reasons) but rather will have the entity operating as a anonymous vehicle to operate their day to day business, then we advice to use the instruments of a nominee shareholder and director, this will absolutely give them the best protection of identity and beneficial owner release.
Now that said, we get many questions each days for people wanting to register a Cyprus Company and which want to stay anonymously how they can be sure that the nominees don’t withdraw moneys from their accounts and how the beneficial owner can act on behalf of the company!
First of all, a beneficial owner of a Cyprus Company will become a Power of Attorney ( POA ) which will last for a period and which can be renewed upon request at any time. With the POA the beneficial owner can act on behalf of the company as would it not exists, bank accounts can be opened, business contracts can be signed and all the daily tasks can be fulfillment and be legit.
It is an obvious question to ask if the Nominees will run with your moneys and even think about it, first of all the nominees we use are all employed by our company or business partners, they only act as the term says Nominees, they won’t have access to clients bank accounts, basically to the reason that they will never see the account number, the pin codes or have the password for the Internet Banking facilities which comes with the opening of a Cyprus bank Account.
Except that, then a nominee shareholder and director will have a agreement with the trustee that will responsible for the company which disallow them to act on behalf of the clients company without written accept by the client. In fact they even not have the power to do so.
For more information on Cyprus Company Formation, please visit our website.
Please also visit our Merchant Services Offshore Discussion forum to get answers to any questions you might have and to see what others are doing.
An Offshore Bank in Cyprus is just a bank where you can open a bank account!
Posted by peter in Cyprus Bank Account on February 9, 2009
An offshore bank in Cyprus is just a bank where you can open an account but it’s not in the country where you reside. They offer their clients defense against any sort of local political or monetary stability and have a bigger access to deposits.
The bulk of offshore banks are found on island states ; a number of these include Cyprus, Jersey, The Isle of Man and Bermuda, Tanzania. They can also however be found in other nations that aren’t islands,eg Luxembourg. Offshore banks have no legal responsibility to report earnings to other tax authorities as they are guarded by bank privacy.
Why do folk opt to open an account offshore? Often , the offshore banks will be offering higher IRs than those that are on offer by the banks in the clients own countries. This is probable as their outgoings are significantly lower thanks to the location and the lack of any participation by the governing body of the jurisdiction. For residents of nations that are politically and economically unstable, putting their lifesavings in a deposit account could be a dangerous action. Offshore bank accounts can offer a safe and trustworthy place to put their cash with no worry that it’s going to be reduced or perhaps frozen and they subsequently lose everything. There are few industries a little island community can earn cash from, most of them are popular holiday maker destinations and tourism is their main industry. Offshore banking provides another industry they can take on and struggle with other states. Also it can supply a technique of making investment and expansion in the economy of the country and helping to spread out the planet’s finances to the undeveloped world. When an offshore bank pays interest almost all of the time tax is not subtracted.
This could be a large benefit for people that don’t pay tax on worldwide revenue and those that don’t pay tax till the tax return is decided. It’s also likely to put up an unnamed checking account in Cyprus or another jurisdiction, this option isn’t available with domestic banks. Higher rate loans based mostly on the chance and investment opportunities are also more practicable than anywhere else. There are drawbacks of offshore banking and the main one is that it is commonly related to tax crime and arranged crime.
Those folks who receive high incomes customarily hunt down the services of Cyprus offshore banks as they have an inclination to pay a higher rate of tax and having an account offshore can save them money.
For more information and fees in connection with the opening of a Cyprus Bank Account, please contact CCLOGIC LLC
Also visit our Offshore Merchant Discussion Forum
Are CCLOGIC LLC Cyprus Offshore Agency services the best choice for you?
Posted by peter in Cyprus Bank Account, Cyprus Company Formation on February 6, 2009
No matter how long you have been in business, it is likely that you have heard of the offshore business in Tax Havens. They are one of the top instruments for many large corporations worldwide. If you are in the market for new business, you will likely want to consider taking your business offshore at some point. It is certainly not for everyone (as no business venture is), but it offer a large enough range of tax savings that you might just be able to find something that you would like to use. Here I will describe some of the things offered by CCLOGIC LLC, and what sorts of Offshore Instruments they can let you make use of.
CCLOGIC LLC is very famous for its offshore company formation that is able to hit balls further than any other Offshore incorporation Agencies. Most of the time these are against regulation for actual official authorities, but if you are just going to run your business entirely offshore then there shouldn’t be a problem. The professionals at CCLOGIC LLC spend literally years developing their business to be able to serve their clients, and adjusting every little piece of it to make it into the perfect piece of an offshore incorporation venture. Usually the process to incorporate an offshore company for instant in Cyprus is very easy and fast, while the professional agencies at CCLOGIC LLC are trained perfectly and given a good amount of support towards their clients. The specifications depend on the “business model” that you choose, but most of the time their regular Cyprus Company Formation setup is enough to meet businesses requirements.
While CCLOGIC LLC offers products and services that could be used by the most professional of any business industry, they also have quite a few solutions that are more geared towards beginners. You can use some of these specially designed vehicles or instruments sets to familiarize yourself with the offshore venture game and become very proficient with your business. This will allow you to become an excellent player before you even begin to spend huge amounts of money on your items. Some of the best ways include the adjustable services that CCLOGIC LLC provides, with just the basic choices to familiarize yourself with what you just entered into. Look for the Cyprus Offshore services and products at their website, and get an hold of them to get started.
CCLOGIC LLC’s product line doesn’t end at Cyprus Offshore services. Everything else you need for setting up your online business, you will have the option of ordering through CCLOGIC LLC. This includes Merchant Accounts, which everyone knows is a must-have when you are going to run an online business. Cyprus Bank Accounts are the best for moving your moneys offshore, that makes up the ground of the entire “going offshore”, and other financial services such as Anonymous Debit Carts and Credit Cart’s will protect you from the brutal elements involved in the game. If you are an easily sunburned person, then you should visit the Banks which CCLOGIC LLC introduce you to in the sunny Cyprus.
As with any Offshore Agency Service Company, CCLOGIC LLC sells a large range of extra products and services. Whether you are a new starter or an expert or somewhere in between, you will be able to find the service and product that works for you.
Most people know the concept of an Cyprus offshore company
Posted by peter in Cyprus Company Formation on February 5, 2009
In reality, they are no different, most people know the concept of an Cyprus offshore company, as is the term used by many people to describe companies that are in countries with tax advantages.
To manage a company in Cyprus is not so different from managing any other company in another country, but it is a great advantage to have a company or companies of Cyprus, also known as tax havens for businesses and their gods and commercial online services, or who want to make investments.
The risk is that people do business in Cyprus training because they want to protect their assets and because it is often easier to have a Cyprus Company / offshore company, a local company because of the VAT return and, Of course, due to taxation. Also, in many European countries, must have about 17,000 euros in capital to start a business, it is not necessary or a Cyprus Offshore Company Frequently these companies can be established with a capital of 1000 euros.
We must also take into consideration is if you start a new business and do not know how things go, it is much easier to liquidate a company or an offshore company in Cyprus, in general, than any other European company the highly regulated European countries must make a report before the VAT and liabilities may close / liquidation of the company, which is often associated with additional costs.
Some say that in May a company or an offshore company in Cyprus in general is not the way forward due to difficulties in negotiating with other companies because of the limited liability company, but not true, Cyprus is a full member of the European Union and enjoys a solid infrastructure and regulated bank to close a portion of traffic lights, in the opinion of many people.
If you go to sell their products and services via the Internet, and the formation of an offshore company in Cyprus or a company is usually the way, you can start easily and at lower cost and a local society and especially , your company or offshore company in Cyprus, in general, you’ll have more protection in terms of assets and liabilities when creating a local company.
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