Posts Tagged company in cyprus
A Cyprus Company when you need a reliable financial package
Posted by peter in Cyprus Bank Account, Cyprus Company Formation on May 16, 2009
When you considering entering into the online business of any kind, a Cyprus company formation is one of the best choices you can make. A Cyprus Company can open bank accounts in Europe and open Merchant accounts to accept credit card payments.
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.
The shortcut to a Cyprus Company Formation
Posted by peter in Cyprus Company Formation on May 13, 2009
The requirements to register a company in Cyprus are pretty easy to apply to, when you decided to register a company in Cyprus you will only need to provide a utility bill in English and a copy of passport.
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.
Cyprus Company for Online Businesses and to accept credit cards.
Posted by peter in Cyprus Company Formation on May 9, 2009
Cyprus Company formations is for businesses outside of Cyprus and which are for any reasons located in a jurisdiction for where it is impossible to become a Merchant Account (to accept credit cards on your website) and a Cyprus Company Formation can have a big impact on the decision of the bank or PSP you go and apply with.
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
Cyprus Company Formation as a low tax company structure.
Posted by peter in Cyprus Company Formation on May 1, 2009
When planning your company structure you will certainly also consider the tax you will have to pay when your business get’s successful.
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.
How to become a Cyprus Company and where to register a Cyprus Company?
Posted by peter in Cyprus Company Formation on April 22, 2009
To be able to become a Cyprus Company you will need to find a professional Cyprus Company Formation service Agency, which has specialized in the company formation in Cyprus.
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.
Cyprus Company Formation and your business
Posted by peter in Cyprus Company Formation on April 10, 2009
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.
Cyprus Company Formation with cclogic.com
Posted by peter in Cyprus Company Formation on April 1, 2009
When you decide to go for a Cyprus company formation with cclogic, we strive to ask a few questions before we get started. Since it is essential for us and yourself that you Cyprus Company get started and formed correct from the very first beginning then it is important that you give us as much information as possible.
Cyprus companies can be incorporated in many ways and you will need to let us know what the purpose of the company formation is also who the beneficial owner will be and how many shareholders you have.
Examples for a typical Cyprus Company Formation beginning:
Cyprus Company as new registration with the Cypriot company formation register (companies house) with 1 shareholder and 1 director which is the same as the beneficial owner. The number of shares will minimum need to be 1000, which means nothing in regards to the costs to form the Cyprus company, the proposed share capital is 1.000 shares, whereas in Para 4, issued number of shares is 1.
Additional you need a registered office address in Cyprus for your Cyprus Company and a registered secretary which is required by the law.
Setup costs EURO: 2.295.00 ~ USD 3.100.00
Nominee Directors and Shareholder
Some decide to go completely anonymous with their company formation in Cyprus, they decide to go for nominee shareholders and directors and by doing this, they will not be listed in the Cyprus company register at all.
Setup costs EURO: 3.075.00 ~ USD 4.200.00
Cyprus Company with foreign nominee shareholder and director
Finally some are in a hurry to get the Cyprus Company registered and start doing business, for this purpose we have always registered 10 Shelf Companies in Cyprus which are ready to be sold. A Cyprus Shelf Company isn’t any different than a new registration, it is just already registered and it takes less time to get started.
When you order a Cyprus Company which is already incorporated in Cyprus, we advice to make use of our nominee shareholders and directors services, those should be foreigners since your Cyprus company then will get the status as an International Business Company (IBC) and subject to 0% TAX.
Setup costs EURO: 3.865.00 ~ USD 5.250.00
For more information or ordering Contact Us or visit our Corporated website CCLOGIC.COM
Offshore Company Experts
