Posts Tagged cyprus company
Register Cyprus Company with CCLOGIC.COM
Posted by peter in Cyprus Company Formation on July 10, 2009
If you want to register a company in Cyprus, first of all, you will have to think of two or three alternative names for your company. These names will be submitted to the Registrar of Companies for approval. If the name suggested is already in use by any other company operating abroad, then a letter of consent is required from that company. In order to draw up the Memorandum and Articles of Association, the main objectives or purpose of the company to be registered in Cyprus must also be provided by the owner.
It is important that the company going to be registered in Cyprus has at least one shareholder, so that the shares may be registered in his name. However, in case the shareholder desires anonymity that can also, in most cases, be provided while registering a company in Cyprus. Company law in Cyprus also requires that every company in Cyprus, at the time of registration, should have a secretary. Another important legal requirement before registering a company in Cyprus, is the address of a registered office. Moreover, a bank reference is also required for each shareholder of the company. Any company to be registered in Cyprus must issue a share capital of at least 2000 shares, each comprising 1 Euro.
Foreigners no longer require the permission of the Central Bank of Cyprus to hold shares in, or register a company in Cyprus. Everyone, including Cypriots, Europeans and non-Europeans are treated equally, and the registration procedure has been overtly simplified. During the registration of the company in Cyprus, the beneficial shareholders need not be present in person. A company registered in Cyprus, comes into its own when used as part of a well designed international tax strategy.
Two ways can be taken while registering a company in Cyprus – the expedited and the non-expedited. Although there is no set time within which a company is registered in Cyprus, generally it takes within 10 to 18 working days. However, this period may vary depending on the workload of the Registrar of Companies, as well as whether the additional fees for the expedited service have been paid or not. The tax incentives in Cyprus, make it an attractive place for entrepreneurs who want to register ans start operating new companies and business corporations.
CCLOGIC.COM has specialized in the Cyprus Company Formation and opening of Cyprus Bank Accounts for clients worldwide, our satisfaction rate towards our clients is high, that’s why we register Cyprus companies on a daily basis for many clients all around the world. Beside the Cyprus company formation, we incorporate companies in Belize, BVI and the Seychelles as well.
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, with great success
Posted by peter in Cyprus Company on July 6, 2009
If you are thinking about starting a company in a foreign country, Cyprus is one of the better places in the entire world to incorporate your business. This is true whether you are looking to form an LLC, an offshore corporation or and International Business Company (IBC). One of the lowest tax structures in all of Europe can be found in Cyprus, making it one of the most attractive and popular places to start an offshore company. A Cyprus company formation can be done quickly, efficiently and effortlessly in Cyprus with the help of a Cyprus company formation agent.
Literally hundreds of Cyprus company formations have been successfully completed and registered in Cyprus by thousands of people from other countries. These individuals include such people as attorneys, physicians and large corporations, etc. One of the reasons that a Cyprus company formation is so popular is that it offers many advantages over other jurisdictions. Cyprus is well known as an international financial centre that continuously attracts new offshore company formations. Your Cyprus company formation in will help ensure that your new business will enjoy limitless possibilities.
The very first thing you must do to form new company in Cyprus is to register it with the government. Once your company formation has been registered, all of your assets will be protected. You can enlist the help of a Cyprus company formation agent to help with the registration of your new company. CCLOGIC is one such agent that can help you incorporate your new company both quickly and painlessly. We have helped countless new clients incorporate their businesses in Cyprus. When you register you new company all of your assets will enjoy the benefit of a convenient and efficient tax shelter as a Cyprus company. Every company in Cyprus enjoys the benefit of the same low corporation tax, no matter what kind of business your company is. .
A Cyprus company formation will give you the ability to conduct online transactions within the European Union and your company will be able to establish a merchant account with one of the European Union banks.
An offshore company formation is a simple process that can be completed in less than one week. Anyone who has made the decision to proceed with a company formation in Cyprus will find plenty of professional services to help navigate the legal system as well as help with accounting, banking, merchant services and insurance, etc.
Do you have a Cyprus company formation on your mind?
Posted by peter in Cyprus Company Formation on July 2, 2009
Well, you should know that registering a company in Cyprus is really quite easy, and you could benefit a lot when it comes to saving tax, protecting your assets and even your privacy. All it takes is just a few often weeks, and you can save yourself all the hassle. Having that Holding company structure could be the best thing you ever did, and as owner, you would get loads of advantages. If you register your holding company in Cyprus with us, you will be free to register subsidiaries, who would be conducting regular business – and their profit would be transferred to the main Cyprus holding company without having to pay any tax whatsoever. You also get enhanced privacy, and of course – we assure you that your assets will be well protects – be it equity or property. So your creditors cannot access your assets in any way.
Cyprus company formation could be hugely beneficial, so it’s a good thing you have come to us. Your holding company must firstly be registered, after that, your subsidiary can be registered. All this is devoid of any difficulty, your satisfaction is our priority, so we leave no stone unturned to make sure you don’t face any hassle. You would also need to open a bank account in Cyprus, for both your companies – they are usually taken care of by the Cyprus Company Formation Agency, and they would also be looking after the incorporation for you. In fact, if you have an offshore company registered in Cyprus, you can save yourself the trouble of bothering with documents, and just use that for the registration of your new company.
Registering your company in Cyprus with us would cost 1.495.00 Euro, or 1.975.00 USD. However, there are other costs you must bear in mind – like company secretary, registered office, nominee directors, nominee shareholders, foreign nominee shareholder, and foreign nominee Director. Remember that Cyprus company formation would be a great way to be tax-efficient, and conduct business on an international level. We assure you it would be the best corporate structure to help you achieve your business objectives. You can have freedom in trade, financial, monetary, business, investment and labor markets.
Aged Cyprus Shelf Companies available for your offshore incorporation plans.
Posted by peter in Cyprus Company, Holding Company on June 29, 2009
We are happy to announce that we now have a about 20 Cyprus companies ready for sale and which are registered in the years 2006 and 2007, those companies can be bought immediately and can be a perfect instrument for a fast and secure incorporation in Cyprus. Read the rest of this entry »
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 »
Cyprus Company Formation with full assets protection how is it possible?
Posted by peter in Cyprus Bank Account, Cyprus Company Formation on June 9, 2009
The question on how it is possible to register a Cyprus Company and at the same time ensure a full protection of the assets of the Cyprus Company has been asked many times by our clients.
Reading on the Internet you will find a lot of questions in regards to the Cyprus Company Formation with assets protection, privacy and securing equity. We will quickly explain in the below what it means and how you can archive this and other benefits by entering into a Cyprus Company Formation.
The laws in Cyprus and in regards to the incorporation of a company in Cyprus are known to be very beneficing for entrepreneurs who want to start an International business. When starting the registration process of a new company in Cyprus it is important to know that you will need to make sure of the nominee services offered, those includes nominee director and nominee shareholders and are in fact just people which are appointed to manage the Cyprus company on your behalf.
When using nominee services, your company will be listed with the nominee director and shareholders at the companies house in Cyprus, the beneficial owner isn’t listed anywhere and no one can look this information up.
It is important that you make some good planning when registering a company in Cyprus with nominee directors and shareholders, since if you don’t intend to make any business ate the Island Cyprus, then you will have great tax advantages if the nominees are foreigners, that’s qualify the company to be registered as an International Business Company which is subject to 0% tax on net profits.
A Cyprus Company can be formed by a person or by another company located almost anywhere in the world, and if a company for instant in the BVI or Seychelles is used to register the Cyprus company it will ensure an additional layer of security and privacy / anonymity. It is possible to have another company to be both the shareholder and director in a Cyprus Company, there is no need for any person to take this role, however, a nominee director in such a constellation would be a benefit.
Some of our clients are in a hurry for the Cyprus company formation to take place, and in these cases we have the possibility to offer our Ready-Made companies / Shelf Companies which are pre registered companies and where only a change in ownership needs to be registered with the authorities in Cyprus.
CCLOGIC LLC has specialized in the Cyprus Company Formation and opening of Bank Accounts in Cyprus, we are an official introducer for the major banks in Cyprus and have been in business for many years. Beside the jurisdiction of Cyprus we also offer offshore company Formation in the jurisdictions of Belize, British Virgin Islands and Seychelles. CCLOGIC LLC can also help with the formation of Offshore Trusts in Cyprus and Panama, for more information please visit our website.
I already have an offshore company, does it makes sense to incorporate in Cyprus?
Posted by peter in Cyprus Company Formation on June 1, 2009
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.
Register a Cyprus company as IBC, how is that possible?
Posted by peter in Cyprus Company Formation on May 26, 2009
Registering a company in Cyprus isn’t difficult and the requirements are not overwhelming for anyone even not if it is the first time you ever register a company. The entire registration process only takes a few days to a week and is hassle free the offshore agency which will register the company for you in Cyprus is taking care of all steps and of the Cypriot authorities.
When you consider registering a company in Cyprus you should plan it and you should make it clear for yourself what the company is going to be used for and if it could be of benefit for you to have the company registered as an IBC (International Business Company) in Cyprus. A IBC is subject to no tax but requires the beneficial owner and shareholders o be foreigners and you are not allowed to conduct any business with other Cyprus companies and Cypriots in general.
The IBC has the benefit that you except the tax savings also can be anonymous, which in some case when people conduct business online is a requirement by the client. Others don’t care about the anonymity and just register the company with them self as beneficial owner and shareholder which automatically gives the company to qualify for an IBC registration.
An IBC company gives you the same benefits, asset protection and privacy as an regular Cyprus company formation just with the exception of the tax savings. However, you should never forget about your local laws in your home country which requires you to pay tax on income from this company, best advice is to ask some tax advisory service which will be able to tell you exactly how much tax you have to pa (if any) and which instruments are used to reduce the tax payment to a minimum.
Some of the key benefits having a Cyprus offshore company are the possibilities for assets and equity protection such company gives, also it is difficult for creditors and others to access your funds and assets this would require a local court order which obviously isn’t easy to get.
It is legal to move assets and funds between Cyprus companies without to be liable for any local tax also it is allowed to make loans in Cyprus companies which for new starting entrepreneurs can be of benefit and which aren’t allowed in many of the other European countries at all.
CCLOGIC LLC has specialized in the Cyprus company formation and the opening of bank accounts in Cyprus, in addition to our regular services we help clients worldwide with IBC registrations and to buy Shelf Companies in Cyprus (Ready-Made) companies.
Please do not hesitate to contact us or visit our website: Cyprus Company Formation
Offshore Company Experts
