Posts Tagged cyprus business
The Cyprus island is located near the cross roads of three continents Asia, Europe and Africa at the Eastern Mediterranean. The climatic conditions are pleasant with mild winters and hot summers with Mediterranean dry climate. Cyprus became independent since 1960 and it has Presidential government system. Read the rest of this entry »
Cyprus is the major resource for strong basement of a developing company. Its location is across Europe, Asia and Africa, which are the three major continents in the world. It has lots of advantages which attracts people to establish their company in it. Read the rest of this entry »
Cyprus registration formalities for a company
Cyprus has provided a great basement for many companies to be in a successful pathway. Its population consists of 770, 000, with Greek-Cypriots and Turkish-Cypriots of 78% and 18% and remaining 4% of minorities. English, Greek and Turkish are the languages used by the people in Cyprus. Read the rest of this entry »
Things that have to be taken care while registering a Company in Cyprus
For International Business Companies (IBC), Cyprus is one of the important sites to establish their offshore branch to improve the growth and profit of the Company. The Companies are attracted because of the flexibility in the taxation and many facilities regarding the share profits. Read the rest of this entry »
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