The first Cyprus company we register now has the only purpose to be a holding company therefore we do not need any VAT registration but we what we will need is a bank account with a Cyprus bank.

The registration of a Cyprus company as a holding company takes about 7 days as well as any regular Cyprus company formation takes, the time frame depends on name approval by the Cypriot authorities, if the company name doesn’t matter a instrument to speed up the registration process, is to buy a Shelf Company (Ready-Made company) in Cyprus, here we will only wait for a change in ownership which properly only takes a few days.

Now we have successfully registered our Cyprus Company as an Holding Company and are ready to register another company which will be used for our business activities, best to do here is to register the company VAT and to have it registered with nominee director, even if it is possible to have our Cyprus Holding Company to be an director of the Cyprus company then it is advisable to have a Nominee director for that company. When choosing a nominee director the beneficial owner of the company will receive a POA (Power of attorney) which give full access to the company and to trade and close deals on behalf of this company, so no need to worry about this part.

Once the second Cyprus company formation has taken place you are ready to trade, the benefit to have a Holding company in Cyprus is for TAX purposes and for this company to receive dividend from the daughter company without paying any tax. Furthermore it is easy with a Holding Company in the Top of your company group structure to extend your activities to any other jurisdiction worldwide.

Your Holding company in Cyprus is also protected from any creditors that want access to it because of the daughter’s company liabilities which might not have been fulfillment.

Many private investors and business people have Holding Companies in Cyprus for the purpose to make small or large investments in other companies in non Offshore Jurisdictions due to the benefits of tax savings and privacy protection they get.

CCLOGIC LLC has specialized in the Cyprus Company Formation and opening of Cyprus Bank Accounts and is operating Worldwide, further to our activities in Cyprus we can also help with the Offshore Company Formation and Offshore banking in the Seychelles, Belize, BVI and several other offshore countries.

It is not difficult to register a company in Cyprus, the only you need is to complete a application, have a copy of some picture ID and a electricity bill.

A Cyprus company can be registered with nominee shareholders and directors which mean the beneficial owner of the Cyprus Company is not revealed on the public register of companies in Cyprus.

Once the Cyprus Company formation has taken place you can start with the opening of a Bank Account in Cyprus which also is a easy process, the bank account comes with advanced e-Banking where you have access to your bank account through the Internet 24/7/365, from the e-Banking you can directly send International Wire Transfers. For your Cyprus Bank Account you will also become a Visa Debit card which can be used on any ATM worldwide.

Now you have a Cyprus Company and a Cyprus bank account, in order to accept credit card payments on your website with a European Acquiring Bank and a European Payment Services provider, you will need to open a Merchant Account, the applicant for this Merchant account is the Cyprus company and the banking details are your Cyprus bank account.

The Acquiring banks in Europe accept companies from Cyprus as merchants and it is not that complicated to get through the process to become a Merchant Account for the Cyprus Company, but it needs patience and to be pro active, those two are the main reason for why merchant fail to complete the process of becoming a merchant account.

Your Cyprus Company will give you 100% assets protection when it is setup correctly, failing to do so can harm your protection, further a Cyprus Company which is registered as an International Business Company can conduct business worldwide but not in Cyprus, due to this regulation the IBC Cyprus Company is subject to 0% tax which is the reason many choose to register a Cyprus Company as IBC.

For more information on how to get the complete package of a Cyprus Company, Cyprus Bank Account and a Merchant Account for this company, please visit our website or contact us, we are more than happy to serve you.

When you register a company in Cyprus you will need to be aware of that the beneficial owner will be visible in the public register of companies in Cyprus, to avoid this you will need to have some nominee service which includes a Nominee Shareholder and a Nominee Director.

A Nominee Shareholder is often a person which is local (Cyprus) or foreigner and which is used to hide the beneficial owners personal information of a Cyprus Company.

A Nominee Director is often a person which is local (Cyprus)  or foreigner and which is used to act on behalf of the Cyprus Company and which protects the beneficial owner from be listed on the public company register in Cyprus.

In order to register a company in Cyprus there is no need to visit Cyprus, everything is handled electronically and through the Internet, the important thing to note is that the original copies of the above documents need to be send to the Cyprus Company Formation agency by courier service (Fedex or DHL).

Who can register a Cyprus Company?
Everyone can register a Cyprus Company, it doesn’t matter where you live or which country the beneficial owner comes from,  the only impotency is that you can comply with the above mentioned requirements.

How long does it takes for a Cyprus Company Formation?
It depend very much on the setup of the Cyprus Company, often a Cyprus company formation can take place in as little as 7 days depending on the Cypriot authorities.

I’m in a hurry and need a Cyprus Company fast, what can I do?
We understand that some are in a hurry to become a Cyprus Company registered as soon as possible and for any reason needed it yesterday, therefore we have always min. 10 pre registered (Ready-Made) shelf companies available, those companies are ready to change ownership and can be trading immediately.

For more information please do not hesitate to contact us and please visit our website Cyprus Company Formation & Cyprus Bank Account.

Why should I go for a Cyprus Company Formation?
If you have been in business Online for some time then you know how difficult it can be to become a credit card acceptance. If you want to apply with an European bank you will be declined. With a Cyprus Company it is different. Since Cyprus is within the Europe it is possible with many banks around to become a merchant Account. With a Cyprus Company Formation you will not only have a European company you will also have your business incorporate in a low tax country in Europe and it is legit.

Compared to many other offshore jurisdictions then a Cyprus Company Formation offers a wide range of possibilities to conduct legal business worldwide, you are not limited to any specific bank or service provider which is asking for fees which are plain ridiculous and you will own your company not the payment service provider.

Just within the last 6 month we have incorporate and helped successfully more than 100 clients to become a merchant account while they incorporated their company through our services.

CCLOGIC offer free (free = no setup fees) Merchant Accounts and Payment Gateway services towards clients which make use of our company formation in Cyprus, also we offer very competitive rates on our merchant services which are almost unbeatable by any other European payment service provider.

Can I also have a bank account for my Cyprus company?
Often when new clients enquire for a Cyprus company formation with us we are asked if it is possible to become a Cyprus Bank Account for the company, and the answer is, YES of course you can. When considering to go offshore the Company formation is the easy task, the opening of real offshore bank accounts is the most complex part and is where many fails.

With our outstanding services and connections to several banks and partners worldwide we are able to provide you with a complete and professional solution, our success rate is 99% in regards to complete the process of an incorporation including a merchant account and a Cyprus Bank Account, this figure isn’t something we digged up, it is real and we put a great effort into showing our client loyalty and to provide the real solution which makes our company outstanding.

Contact us today to become Cyprus Company Formation, Cyprus Bank Account and a Merchant Account

With a Cyprus Company Formation you will be able to have exactly this point in focus, the importance to have the Cyprus Company in the Top of your company structure can’t be denied. If it is a complete new business you are starting, then it is important to do things correct from the beginning, making any corrections later on can be difficult and might in many case course additional costs.

How should I start?
To register a Company in Cyprus isn’t any different than registering a local company, you will need to consider a lot of other factors first and do a thorough investigation of your market and which facilities you will need, for instant you will need a bank account for your Cyprus Company, if you are conducting business Online you will also need a Merchant Account to accept credit card payments, however, If the Cyprus Company should act as a simple Holding Company you will only need an bank account in addition, it is of great benefit to have a Cyprus Company as a Holding Company and maybe have another company in Cyprus below in the chain of your company structure to conduct the business.

Regardless where you will be placing your Cyprus Company in your structure, then once the Cyprus company formation take place, you will have many options available to quickly extend your structure to also include additional companies in other offshore jurisdictions.

The major benefits of a Cyprus Company are shortly explained below.
A Cyprus Company with local shareholders and director’s only pay 10% Tax and 15% Vat (if registered for VAT), which makes this country the cheapest TAX country throughout Europe.

A Cyprus Company registered as IBC (International Business Company) is subject to 0% TAX but requires all business to be conducted outside of Cyprus and foreign shareholders and directors.

A Cyprus Company is always registered as limited liability company(LLC) or limited company (LTD)

It is easy to become a multi currency bank account for your Cyprus Company once the company is registered. The banking infrastructure in Cyprus is “state of the art” and they have a strong banking secrecy in Cyprus.

The possibilities are many; let us know if you need any further information or if we can be of help for your Cyprus Company Formation and Cyprus Bank Account.

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.

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.

1. 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.
2. 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.
3. 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.

Read also our latest press releases : Cyprus company | Shelf Company in Cyprus