This question is something we get asked on a regular basis and it is a good question, If you already have an offshore company In any offshore jurisdiction (this also apply for a regular company) and you want to extend your company structure with more privacy, more security and have access to a wealth of banks, then an Cyprus company Formation is the right choice for you and your company.
The problem most people face while they incorporated an offshore company for instant in the Seychelles or Belize is a very limited number of banks from which they can do offshore banking and with which they can accept credit cards on their website.
How to figure out if my Offshore Company will need to incorporate in Cyprus?
Once of the questions you should ask your self is if you are satisfied with the offshore banking you have today and if it is easy to access your money, if this questions raises just one new question, then you should look into a company formation in Cyprus.
With a Cyprus company formation you will get more opportunities you will have access to more banks all across Europe and you will have a company in Cyprus which will give you 100% asset protection and privacy. For many businesses all around the world it is of benefit (many have already discovered this) to incorporate in Cyprus because of the offshore banking available. A Cyprus Company Formation is easy and only requires a little work from your side; you will need to find a utility bill in English and make a copy of your passport both is send to the Offshore Company Formation Agency which takes care of your Cyprus Company Formation. Please note! Make sure that the agent you decided to use for your company formation in Cyprus is able to open bank accounts in Cyprus for the company (business bank accounts) and if needed, can provide you with a merchant account to accept credit cards on your website. Both should be handled by 1 agency to make the process as quickly and hassle free as possible.
Many Offshore Company Formation services can’t do that even if they state they can then they in 99% of all cases fail to deliver the product!
CCLOGIC LLC is an offshore company Formation Service Agency which has specialized in the incorporation of offshore companies in Cyprus and many other offshore jurisdictions. We are an official introducer for some of the major banks in Cyprus and have a large network of Acquiring banks which provides merchant accounts to European merchants in order to accept credit card payments.