Posts Tagged Cyprus banking
Registering the Offshore Company in Cyprus
Posted by peter in Cyprus Company Formation on July 7, 2009
Most company owners who would like to reduce their taxes would often expand their companies at other countries where there taxes are low. Apart from the reduced taxes, company owners are also able to protect their assets from their creditors. Anonymity is also provided through offshore accounts.
To register Cyprus company offshore, company owners need to choose a reliable agency which will help them to complete the registration process. There are some company owners who are thinking of registering their company anonymously in order to protect their assets. This can be possible through the help of an offshore agency. Thus, it is necessary to carefully select the agency that will do the job for you.
Anonymous registration is made possible through nominee shareholders and directors. This is usually the common method in registering an offshore company in Cyprus. Through the nominees, the company owner won’t be listed on the public register; thus, the registration for the offshore company is anonymous and the company owner can protect these assets.
In general, there are two kinds of nominee services when you register your offshore company in Cyprus. These two nominee services include the local Cypriot nominee and the foreign nominee services. When the company owner uses the foreign nominee service, it will be registered as an international business company wherein it is not subjected to tax; however, the income tax will be shouldered by the company owner and will be paid to the country where the owner resides.
On the other hand, if the company owner prefers the local Cypriot nominee, the shareholder and the directors will have to pay a regular ten percent tax. It depends on the company owner’s choice to decide if he wants a local Cypriot nominee or a foreign nominee. There are advantages and disadvantages on both nominees but it all depends on the company owner.
A good agency will guide the company owner to the registration process and will also do necessary duties in behalf of the company owner.
Choosing Cyprus as a location for an offshore company is considered a good choice because taxes in Cyprus are reduced.
Also, anonymity, full privacy, as well as asset protection is also provided to the company owners who are planning to establish their offshore company in Cyprus.
CCLOGIC LLC has provide Offshore company Formation for many years and is speciliazed in the Offshore Company Formation, Opening of Cyprus Bank Accounts and Payment Processing.
Cyprus Company Formation as Holding company
Posted by peter in Cyprus Company Formation, Holding Company on June 15, 2009
When considering a Holding company structure a Cyprus Company Formation can be of great benefit for the beneficial owner of the Cyprus Holding company. A Cyprus Company Formation can take place very quickly and if registered accordantly a Holding Company in Cyprus can be formed. Read the rest of this entry »
Offshore Trust with Offshore Holding Company and business bank account.
Posted by peter in Cyprus Company Formation on June 8, 2009
If the anonymity of your Offshore Company structure is important to you and the aim is to have a offshore company structure which is anonymous and which assets are protected, you will defiantly need to look into the formation of an Offshore Trust in Cyprus.
With a Cyprus Trust in the top of your Offshore Company Structure you are protected against almost any incidents that might come. Conducting legal business isn’t without any risk and many startups are burning their hands while they are simply not aware of the ups and downs there are when doing business with others.
An Offshore Trust in Cyprus is known by many business professionals worldwide and is used even by Royals, VIPS and others which don’t want to expose their income, turnover or equity to the public. While an Offshore Trust in Cyprus also protects your privacy and isn’t subject to any tax what so ever, it has the major advantage for successful businesses to be used as investment tool. A Offshore Trust in Cyprus is allowed to form a Offshore Company in any other country, which includes but is not limited to, Belize, Seychelles or British Virgin Islands, the dividend of the offshore company can be moved to the Offshore Trusts without to have to pay tax. All funds, equity and other assets are protected by the general laws for offshore Trusts in Cyprus and can’t be accessed by any court order, creditor or other authority if there isn’t any proof if illegal activity.
When entering into any area of business you will quickly become familiar with other bad business owners which obviously only want to rip you off by selling you some service or product which you want need or even don’t have any use for, those business people are clever and they only exist to rip of new businesses. You might think, fine, I can just don’t pay their bills and that’s it, but what if you already signed the contract with them, the business model itself might be legal so you are bound to the contract you signed! Now there is no way out (if you aren’t protected by an Offshore Company Structure) then just to pay the bill and move on, try to make more money then what you just lost!
The mentioned scenario happens each day for millions of small business owners and entrepreneurs and there isn’t really much help to get from any lawyer or authority here.
You will need to have protection against those and hundreds of similar incidents you will face during the lifetime of your business. An Offshore Setup where the Trust is in the top of your offshore company structure and a Holding company direct below the Trust, those people can jump into the sea, you don’t need to worry their lawyers or collectors, it is impossible to access any of your money or assets!
CCLOGIC LLC has specialized in the forming of protected offshore companies and offshore bank accounts, with many years of experience and many clients we so far helped it is now also possible for small and medium sized businesses to make use of our services. CCLOGIC LLC is a full service offshore company formation and banking agency and deals on a daily basis with clients worldwide.
Cyprus Company Formation and Bank Account, for Forex exchange trading, how?
Posted by peter in Cyprus Company on May 27, 2009
With increasing interest to make profits online a Cyprus Company Formation has been more relevant to private investors and financial companies in the business of Forex exchange trading. The reason for why companies in Cyprus are used as vehicle for this type of business is the high security and privacy which applies for all registered companies in Cyprus.
The marked is open for a Cyprus business and entering the Forex exchange marked isn’t difficult if you have a Cyprus Company behind it. The state of the art offshore banking in Cyprus makes it lucrative to incorporate a company in Cyprus and to open a Cyprus business bank account which comes with a Internet banking platform that can be used for:
Foreign Exchange trading, both personal and corporate customers can benefit from the Offshore Banks Foreign Exchange trading facilities on a margin basis.
This includes:
sale and purchase of bank notes in all major currencies
sale and purchase of foreign currency at spot and forward rates
To have a Cyprus Company behind the corporate bank account is of essential interest for many investors and business people all around the world, since as mentioned, it gives 100% protection against any liabilities and a 99% privacy in regards of revealing the beneficial owner of the Cyprus Company.
As any business owner is expecting to make large profits with the business they are into, then many consider jumping into a Cyprus Company Formation from the right beginning of their business venture, since it is important for them to be secured and have all available opportunities at the beginning, to ensure to become a successful and stable company and not to be limited in anyway.
Beside the well known tax saving a Cyprus Company Formation gives then there are many other reasons to conduct business from a company in Cyprus, one of them is that Cyprus is part of the European Union which opens the doors to the banking sector throughout Europe but still gives the benefits of being a Offshore company in Cyprus.
Any person or business can register a Company in Cyprus and can open a business bank account in Cyprus once the company formation take place.
CCLOGIC LLC is providing Offshore Company Formation in Cyprus, Seychelles, Belize, BVI and in many other offshore jurisdictions. Our large network of banks will ensure a hassle free and complete offshore company solution for clients worldwide.
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