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.
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