Are you sick of the term “Best Merchant Account” being thrown around when looking for a reliable way to process credit cards and online payments in general or when you are seeking to keep your privacy and are looking for a Offshore Company structure that do what people promise, in fact, there’s nothing Best Merchant Account or Best Offshore Company structure about the system?
Opening a bank account in Cyprus is relatively easy when compared opening an account in other counties. Cyprus does not have limitations on who can and cannot open up a bank account there. So whether you are a resident or a non-resident, you can open Cyprus bank account in person or by mail from abroad (more…)
No CommentsCyprus bank account enjoys many benefits under tax legislation. With the lowest tax regime in Europe, Cyprus has emerged as an international centre of financial benefits and tax exemptions. The laws governing the local companies and International Business Companies do not differentiate in the tax treatment of such companies. (more…)
No CommentsThere are so many banks in Cyprus that are acutely aware of both local and international clients banking needs. When it comes to market capitalization, Cyprus bank is well known to be the leader. This is one of the main reasons why its accounts are widely held. Cyprus bank accounts (more…)
No CommentsCyprus bank account enjoys the privilege of being offshore bank account. For the right businessmen and entrepreneurs, having an offshore bank account proves to have a competitive edge to unlock vast potential of wealth. It acts like a key to unlock many opportunities of investments for the right person. (more…)
No CommentsIn Cyprus, the Central Bank of Cyprus regulates all banking. The major Cyprus banks include 1.Central Bank of Cyprus 2. Alpha Bank Cyprus Ltd. 3.Co-operative Central Bank Ltd. (CCB). The Central Bank is the regulatory bank that regulated banks – including branch and representative offices of foreign banks – operating in the country. (more…)
No CommentsCyprus is an important and well-established offshore business destination of Europe. After it’s joining in European Union on 1st. May 2004, many emerging business entrepreneurs have started treating Cyprus as a strategic location. Banking and Finance are the most dominating factors to attract investments to boost economy that transforms a country into prosperous, wealthy and powerful. (more…)
No CommentsOpening a Cyprus Bank Account is not complicated, high costly or a time wasting. You only need to be organized and have knowledge of what you need in order to be approved and successfully get your account.
Requires are not much even if you are a resident or a non-resident of the country, you only need to be at least 18 years old. (more…)
No CommentsAs one of the only countries within the European Union, Cyprus has the lowest corporate tax which benefits businesses worldwide, trading International. A Cyprus Bank account is literally the most important part when considering setup a Cyprus Company as an Offshore Company.
Many have already incorporated in Cyprus because of TAX benefits, a Cyprus company only pays 15% corporate tax on net profit and even no tax if it is registered as an IBC (International Business Company) while many have the understanding that a Cyprus Company Formation and the opening of a corporate bank account in Cyprus isn’t something everyone can enter into, we thought it would be time to clarify a few things.
If you for any reason decide to incorporate in an offshore jurisdiction like Cyprus is, or any other offshore country you properly quickly find it difficult on where to start and what does it means for my business case and is it reliable to have someone which you don’t know to manage the incorporation of my offshore company. Serious business people what at least ask them self the question how difficult it might be to open the Cyprus company and the Cyprus bank account and maybe just leave it with the consideration.
A Cyprus company isn’t difficult to setup it takes only a few weeks for the authorities in Cyprus to approve the name and the registration of the new company, once the Cyprus company formation has taken place it is just a matter of a few documents to open the corporate business bank account with a bank in Cyprus.
For the Cyprus Company Formation it only needs a utility bill (phone or electricity bill) in English and not older than 3 months, a passport copy and the final incorporation agreement you will get from your Cyprus Company Formation Agency. For the opening of a corporate business bank account in Cyprus you will additionally need to provide a reference letter from a current bank, a lawyer or certified accountants, you will only need the reference letter from one of them not 3 in all.
As soon as the above is received by your Cyprus Company Formation Agency the registration of the Cyprus company can begin which is followed by the opening of the Cyprus corporate business bank account.
The major banks in Cyprus have all a state of the art banking platform for your day banking needs but also offer a range of additional banking services for investments, foreign exchange trading and savings. Through the Internet banking you will be able to send International Wire Transfers, check your account balance and much more. In addition some of the banks also offer Online Stock exchange trading for day trading or regular trading.
CCLOGIC LLC has specialized in the Cyprus Company Formation and in the Offshore company formation in several jurisdictions worldwide. Further to the company formation we have a large number of banks we work with and for which we are an official introducer, we handle the entire process for our clients fast and secure and for clients worldwide.