Archive for category Cyprus Bank Account
Cyprus Bank Account opening how long does it takes?
Posted by peter in Cyprus Bank Account on March 10, 2009
Since we take such requests serious and want o provide as much information as possible then below you find the explanation and the requirements.
1. How long does it take to open a Cyprus Bank Account, I have been waiting 7 days now?
Normally the account is opened within 3 – 4 days IF all documents are delivered to the bank as original. The entire process depends very much on the client and can take from 7 – 14 days to be completed.
Important to have in mind is, that compared to our competition and many other companies providing such services, then we don’t open the bank accounts in Cyprus our self, and we don’t issue “sub accounts” ,no, what you get with CCLOGIC is a real Cyprus bank account with an IBAN number and a SWIFT code to send and receive international money transfers. This can depending on the work load of the bank take some time and sometimes also exceed the above mentioned time frame.
Since we have several Cyprus Banks to work with, then we are only able to list below the general requirements they can vary from bank to bank.
1. The Bank Account opening application need to be signed, scanned and returned to us electronically.
2. The Application forms need to be send by courier to our address in Cyprus as original together with a copy of Passport, Utility Bill and Reference letter.
Upon receivable of above we submit everything to the Bank that open the Cyprus Bank Account and from that stage it normally only takes 3 – 4 days.
However, the Internet Banking system to access you Bank Account will take about 7 to 14 days before it is accessible for you since the PIN code will be send by courier to you and you need it to access your Bank Account.
Feel free to ask any question CCLOGIC LLC is available at Skype, Live Chat, E-Mail or Phone
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.
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 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.
How to start a new business in an offshore jurisdiction / Tax Haven!
Posted by peter in Cyprus Bank Account, Cyprus Company Formation on February 1, 2009
While I started a new business for years ago I was thinking of just to register a local company and get my business started without in any way to consider going offshore.
Since the business I was doing at the time involved many customers and business partners from outside my country, then I was slowly introduced to the Offshore World because many of the partners I had already knew about the benefits, it was only me that just found it strange with all these different tax haven countries.
I started to do some investigation about how to get a company in a tax haven, to find information by my local authorities and made some research on what others have to say about it. The response was massive and not to mention people were freaking out while asking this question, is there any benefit for me to incorporate a business in Cyprus?, I should never have asked.
People which conduct regular business as usual and which trust their government and the political stability in their country will never participate with such activity.
I decided to go my own path and started with an Agent I found through Google, it was one of those links on page 1 searching for Cyprus company formation, I was lucky and the guy helped me to get everything done, it was a seamless process I just need to provide some ID a reference letter and then sign a few documents and return them by post mail. A few weeks later I got all the documents and Apostil and took them to my lawyer, since I wanted him to verify everything was ok, and it was.
Now I had my first Offshore Company in Cyprus and I decided to use it as my Holding company for some extra protection in my future business venture. I registered the Cyprus Holding Company with the authorities in my country, so that they were aware of it and to avoid any troubles in the future. Next step was to have my Cyprus Holding company to register a local company which was a LTD , and everything was approved by the authorities no questions asked at all.
Today I have still my Cyprus Holding Company and I still use it for the same, I have several local and International companies registered by this Cyprus Holding Company and without any troubles, if some of the business vehicles don’t do well I just liquidate them.
So now what is my point?! Well, the point is, it is not rocked since to get a Offshore Company in a Tax haven, nor it is complicated to have it registered, and the possibilities are many not to speak the protection and anonymity you become if you are doing it right.
If you are looking for an easy and not expansive way to get your Offshore Company registered I would defiantly go with cclogic.com they are capable to do the registration fast and they are also reliable.
If you look for a Cyprus Bank Account with a Debit or Credit Card, then they are also able to help you, they work with one of the largest banks in Cyprus and you get everything you need and as you know from your local bank, from Internet Banking to Multi Currency bank account.
How to become a reliable and anonymous offshore bank account
Posted by peter in Cyprus Bank Account on January 28, 2009
The question has been asked by many people and companies who seek anonymity and a way to pay and receive money securely.
Browsing the Internet you will find many websites which pretend to give you guides on “how to get it” others tell you they have a good solution but no track record or proof that they really deliver what they promise. You will find a handful Offshore Agencies which will look reliable and have a wealth of products and services to offer but they require you to visit their place and will charge a fortune for a product which isn’t that expansive.
What you will need to consider is where your offshore bank account should be established, many places like Cyprus, Seychelles, Cayman Islands, The Netherlands Antilles, Bahamas and Uruguay are offshore havens which have a strict banking secrecy and who are able to open real offshore bank accounts.
Now you have some options and suggestions, however, to call up the banks will not help you since they will require you to visit them since they need to comply to KYc (Know your Customers), no you will need someone which already has established a relationship with the banks in the offshore havens, someone which can introduce your business case to them.
Many people believe that to become a offshore bank account and a offshore debit card is difficult and unreliable because they don’t know where to start. I have made it easier for them, visiting this blog and this article already brought you half the way.
The second most important thing to consider once you figured out where you want your offshore bank account to be, is who should go and help you, who is capable to introduce you to a Bank in an TAX Haven / jurisdiction and have earned the trust by the banks to really get your account approved. Surfing the Internet is a good start, however you will get that many hits that you won’t have a clue on who is able to help you and who just will take your money and run.
Important for you is to look at a certain website how it looks, what feeling you have with what they state they do and if they look reliable, if so, go and take their domain name and enter it into Google, find out what others have to say about the company or who they are linked with, if you find 1 to no comments on the company that could be fine but also a sign, then look at how good are they linked, how many websites are linking to them, many links from important websites can be a good sign, do they offer new clients to interact with them on a forum, ticket system, live chat or even a blog, if so, it’s good since fly by night companies would not put a lot of effort into such, often you will see 1 large page of advertising pitches and down the site a payment button, I can just say, stay far away from that. Others have built a good looking website but it has less to no functionality at all, stay away from such sites.
Once you have found your service agency you can ask him to help you to become the offshore bank account opened and to have a debit card for that account.
Look into what you get for the buck, some offshore banks only offer a bank account in one currency and no way to connect by any Internet Banking to the account, to withdraw money you will need to make a phone or fax order. That’s defiantly not a solution you want.
What you want is to look at a complete solution which offers you a multi currency offshore bank account with Online E-Banking facilities and a Visa or Maestro Debit card to withdraw money. You want to be able to have access to your offshore bank account 24/7/365 and make your banking business when it is convenience for you.
The well established banks also in Tax Havens will be able to offer you a quality banking platform to access your bank account, they will offer you multi currency facilities for several different major currency like USD, EURO, GBP and SF, you will have the account separated when you login through your e-banking access, and you will be able to make local and foreign bank transfers.
Hope you enjoyed this post and please feel free to contact CCLOGIC LLC if you consider to open an offshore bank account or offshore company in Cyprus.
For webmasters we offer a great opportunity to participate in our CCLOGIC Affiliate Program, visit our website for more information.
The advantage of using CCLOGIC LLC for your Internet Online Business
Posted by peter in Cyprus Bank Account, Cyprus Company Formation on January 26, 2009
We at CCLOGIC LLC are an independent consultancy and expert company, each of the individuals working for CCLOGIC LLC is handpicked from the industries which our consultancy services cover.
Our goal is to provide the most professional solution for our clients, we don’t want to be the cheapest and we do not enter into discussions about our fees.
We are that convince about our own performance that we only invoice a client if we are 100% sure not to fail our mission.
How do you differ from all the other companies?
CCLOGIC LLC is first of all compared to any other company in our industry, an independent consultancy firm, we are not married with any specifically bank or service agent to which we send all our clients. CCLOGOC LLC is extending their network of sub contractors each day and we know almost any aspect of the arena we are battling on.
In the opposite to many Payment Service Providers on the Internet which offer company formation, payment solutions or the opening of bank accounts and advertising strategies, then we have one thing in mind and what counts. If we haven’t put money into the solution we offer, why should our clients do? Our existing is because of the many clients who contact our company each day, we rely on them, and we want their reference on our client list.
CCLOGIC LLC is not in any way involved in any payment processing operations, nor are we involved in the day to day management of any Offshore Company or Offshore
Bank Account, no, we have used all our sub contractors for our own purpose (some of them for more than 5 years) and made our own experience with them, and they
are experts in what they are doing, that’s why we choice them as partners for CCLOGIC LLC.
The services CCLOGIC LLC offers are all in synergy with each other and that’s why we can handle all of them under one umbrella, we use them daily by our self with great success.
How we operate:
CCLOGIC LLC strives to deliver a fast, professional and reliable service to our existing and new clients, we won’t involve our self in any of our clients operations, and we don’t want to have access to our clients money. Also we want to have the right without any further details or discussion to discontinue the work with a client if we fell they are fooling us into a business we dislike or are just not honest about their entire business case. Most important to us is, we don’t want to waste our time on clients which don’t want to pay for the minutes and hours we are using on them, because they came to us because they had a issue they need to have solved, we didn’t contacted them.
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