Archive for April, 2009
To be able to become a Cyprus Company you will need to find a professional Cyprus Company Formation service Agency, which has specialized in the company formation in Cyprus.
To register a Cyprus company it doesn’t need a lot, the only thing you will need is a copy of your passport, a utility bill (phone or electricity bill) and to sign an agreement for the Agency to register your Cyprus Company.
You can register your company with cclogic.com which is specialized in the Cyprus Company formation and which has the application required online.
Once we receive the Application form for the registration of your Company, we will get in touch with you to complete the registration process. For your Cyprus Company you are able to become a Cyprus Bank Account which can be used for your day to day banking business.
Did you know that Cyprus has some large regulations towards Online Casino’s and online gambling in general? Many Online Casinos are registered as a Cyprus Company because of those regulations, furthermore the Financial Sector like Forex Trading, eCurrency services and payment services in general are one of the main reasons for corporations to incorporate a company in Cyprus.
This is not all, since Cyprus has the lowest V.A.T. and TAX in Europe it can even for regular business be of great benefit to incorporate a Cyprus Company, since they will be able to offer their services and products cheaper than the competition. Also with the right TAX planning it is possible to avoid TAX at all and that without hiding it from the TAX authorities.
Let us know if you would like to become more information about all the possibilities a Cyprus Company can bring you, we are always happy to help.
Regardless if you are an Online or Offline business you will have a great benefit of becoming a company in Cyprus. With an Cyprus Company Formation you will set the start to high profits on net income, you will have the highest possible assets protection possible and you will be subject to 0% Tax, 3 reasons for why you should read on here.
When you start doing business or you are already a established business you will quickly come to the conclusion that you need to increase your profits and you will get an easy way to supply your consideration with looking in to a company formation in Cyprus. Due to the fact that you as an International business Company will be subject to 0% TAX and a VAT which is only 15% you will increase your net income dramatically. It is widely used by Cyprus Companies to conduct business with other Europeans through this entity even if the product or services is rendered through an business located outside of Cyprus.
For instant if you setup your business structure in a way that you are able to render your services or products through the Company in Cyprus then you will only need to invoice your customers with an 15% VAT which is the lowest VAT rate in Europe, this will make your services and product’s more attractive towards your customers and it will set you in front of your competition. The best thing is, it is entirely legal as long as you setup your company structure correctly. What do you think new customers will do if they find your product or service up to 15% less the price which they will pay with your competition? Yeah, it don’t need an university grad to say that it is you they will order the product or service with.
Beside above a Cyprus Company formation will give you the benefits of assets protection and make it almost impossible for any claimant or creditor to access your assets in the company.
When setting your Cyprus Company structure right up, than you can conduct hassle free business, increase your income and net profit and set you in front of your competitors, this is the highest goal a business owner can reach.
When we help new clients to setup the right Cyprus Company structure we often suggest to do it as the following. First you buy a Cyprus Shelf Company which is only used as Holding Company and which isn’t registered for VAT but is registered as an Cyprus International Business Company, that’s 0% Tax here. Once the change of ownership is done and the Cyprus Holding Company is ready, you go and buy another Cyprus Shelf Company or just register a new Cyprus Company, the important thing here is, it is your Holding Company which is going to register or buying the Cyprus Company, this, you register for VAT but still also as an International Business Company to be subject for 0% Tax. Now you have the perfect setup, where, when you start earning money you will be able to transfer funds in between those companies as you like and no one will ask questions or ask you to inform any authority about this transaction. This gives you 100% assets protection, 0% TAX and only 15% in VAT rate.
CCLOGIC LLC has specialized in the Cyprus Company Formation and the opening of Cyprus Bank Accounts, visit our web site to learn more and to read how easy it is to become a Cyprus Company.
Cyprus Company Formation; When you consider to register a Cyprus Company, you should consider the following 3 options you will have available and to choose from.
A Cyprus Company Formation isn’t any difficult and the most questions we get asked daily by new clients are what a Ready-Made Company is? Also when I try to register the Cyprus Company online, I need to fill a lot of fields which I’m not aware of what are about.
First, what is a Cyprus Company Formation?
When you decide to register a company in Cyprus it is a Cyprus company formation, and, can be done in 3 different ways.
- Shelf Company / Ready-Made Company or also called Pre Registered Company. All 3 terms are covering the same topic, a Cyprus Company which is already registered by CCLOGIC.COM and which we offer for sale, this speeds up the process compared to a new Cyprus company registration, and only need a change of ownership done. This typically takes 5 – 7 days. It is also the most used service we offer.
- New Registration of a Cyprus Company / Cyprus Company Formation, those two terms are covering the same, when you decide that you want a company in Cyprus and you wish to register it with a company name you decided, and, with yourself as beneficial owner and shareholder, then, it is the service you need from us. We offer Cyprus Company formation in as little as 7 – 14 days and it isn’t difficult.
- IBC Company in Cyprus, a Cyprus International Business Company, two terms again which are covering the same, whether you go with an Cyprus company Formation or a Shelf Company (Ready-Made) Company, you can decide to register it as an International Business Company in Cyprus, this requires that the company has foreign Shareholder(s) and Director(s) which is a service you can buy from CCLOGIC (if you don’t want to be listed public at the companies house in Cyprus) or it can be yourself if you don’t live in Cyprus. The IBC Company will be subject to 0% TAX.
When you register your Cyprus Company Online, you will be asked some questions on our Online application, which sometimes can be difficult to answer, however, we suggest you to complete the application best possible and at least with your contact details, once we receive your application we will get in touch with you by e-mail or phone or even by some messenger service if available.
CCLOGIC.COM has specialized in different Offshore Services which covering Cyprus Company Formation, opening of Cyprus Bank Accounts and to apply for an Offshore Merchant Account with one of our partnered Acquiring Banks and Payment Processing partners. Furthermore CCLOGIC is an authorized introducer for several of the major Banks in Cyprus.
When you decide to go for a Cyprus company formation with cclogic, we strive to ask a few questions before we get started. Since it is essential for us and yourself that you Cyprus Company get started and formed correct from the very first beginning then it is important that you give us as much information as possible.
Cyprus companies can be incorporated in many ways and you will need to let us know what the purpose of the company formation is also who the beneficial owner will be and how many shareholders you have.
Examples for a typical Cyprus Company Formation beginning:
Cyprus Company as new registration with the Cypriot company formation register (companies house) with 1 shareholder and 1 director which is the same as the beneficial owner. The number of shares will minimum need to be 1000, which means nothing in regards to the costs to form the Cyprus company, the proposed share capital is 1.000 shares, whereas in Para 4, issued number of shares is 1.
Additional you need a registered office address in Cyprus for your Cyprus Company and a registered secretary which is required by the law.
Setup costs EURO: 2.295.00 ~ USD 3.100.00
Nominee Directors and Shareholder
Some decide to go completely anonymous with their company formation in Cyprus, they decide to go for nominee shareholders and directors and by doing this, they will not be listed in the Cyprus company register at all.
Setup costs EURO: 3.075.00 ~ USD 4.200.00
Cyprus Company with foreign nominee shareholder and director
Finally some are in a hurry to get the Cyprus Company registered and start doing business, for this purpose we have always registered 10 Shelf Companies in Cyprus which are ready to be sold. A Cyprus Shelf Company isn’t any different than a new registration, it is just already registered and it takes less time to get started.
When you order a Cyprus Company which is already incorporated in Cyprus, we advice to make use of our nominee shareholders and directors services, those should be foreigners since your Cyprus company then will get the status as an International Business Company (IBC) and subject to 0% TAX.
Setup costs EURO: 3.865.00 ~ USD 5.250.00