With registering a holding company in Cyprus you are free to register subsidiaries which will be conducting the regular business and when they make some profit to transfer the profit to your Cyprus Holding company without to pay any tax.

A Cyprus Holding Company can also provide a strong privacy and ensure asset protection for any equity or property in the Holding Company, it makes it entirely difficult for any creditors or others to access the assets on the Holding company even if the dividend from the subsidiary just has been transferred to it.

Many investors and private businesses have Holding companies in Cyprus due to tax savings, asset protection and privacy of their business activities and beneficial owners. When considering a Cyprus Company Formation and to have a Holding Company structure, it is important that the Holding company is registered first of, once the registration has taken place the subsidiary can be registered, the company formation in Cyprus is easy and hassle free and if you place the order of the company formation at the same time you will avoid any confusion or delays.

Once both company formations in Cyprus are in place you will need to open a bank account in Cyprus for both of the companies which are typically handled by the Cyprus Company Formation Agency which also is handling the incorporation for you. The opening of Cyprus bank accounts is also not any difficult has just a few requirements which need to be in place, for instant you will need to have the original banking application send to the bank and a reference letter is required, you can obtain a reference letter from a current bank, a certified accountants or a lawyer just from one of those, make sure it is in English.

If you already have a Offshore company registered others then in Cyprus, you can even use this for the registration of a new company in Cyprus, this is also not complicated and only requires you to provide the corporate documents in English for such company to your Cyprus Company Formation Agency, even with this constellation the Cyprus company will be able to open a bank account in Cyprus, again it just requires a reference letter and a few other documents.

CCLOGIC LLC has specialized in the Cyprus company formation and has many years of experience, beside the company formation in Cyprus we also offer our services in, Belize, BVI (British Virgin Islands) and the Seychelles further to some special services for Curacao, Uruguay and Panama. We are an official introducer for the major banks in Cyprus and can open Cyprus Bank Accounts with in as little as 3 – 4 days.

Many have already incorporated in Cyprus because of TAX benefits, a Cyprus company only pays 15% corporate tax on net profit and even no tax if it is registered as an IBC (International Business Company) while many have the understanding that a Cyprus Company Formation and the opening of a corporate bank account in Cyprus isn’t something everyone can enter into, we thought it would be time to clarify a few things.

If you for any reason decide to incorporate in an offshore jurisdiction like Cyprus is, or any other offshore country you properly quickly find it difficult on where to start and what does it means for my business case and is it reliable to have someone which you don’t know to manage the incorporation of my offshore company. Serious business people what at least ask them self the question how difficult it might be to open the Cyprus company and the Cyprus bank account and maybe just leave it with the consideration.

A Cyprus company isn’t difficult to setup it takes only a few weeks for the authorities in Cyprus to approve the name and the registration of the new company, once the Cyprus company formation has taken place it is just a matter of a few documents to open the corporate business bank account with a bank in Cyprus.

For the Cyprus Company Formation it only needs a utility bill (phone or electricity bill) in English and not older than 3 months, a passport copy and the final incorporation agreement you will get from your Cyprus Company Formation Agency. For the opening of a corporate business bank account in Cyprus you will additionally need to provide a reference letter from a current bank, a lawyer or certified accountants, you will only need the reference letter from one of them not 3 in all.

As soon as the above is received by your Cyprus Company Formation Agency the registration of the Cyprus company can begin which is followed by the opening of the Cyprus corporate business bank account.

The major banks in Cyprus have all a state of the art banking platform for your day banking needs but also offer a range of additional banking services for investments, foreign exchange trading and savings. Through the Internet banking you will be able to send International Wire Transfers, check your account balance and much more. In addition some of the banks also offer Online Stock exchange trading for day trading or regular trading.

CCLOGIC LLC has specialized in the Cyprus Company Formation and in the Offshore company formation in several jurisdictions worldwide. Further to the company formation we have a large number of banks we work with and for which we are an official introducer,  we handle the entire process for our clients fast and secure and for clients worldwide.

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.

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.

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

The major benefits by choosing to register a company in Cyprus are that Cyprus is part of the European Union which opens the door for a large number of banks and financial institutions. It is important that when you register you company in Cyprus then you can’t open a business bank account before the company has been registered, some might think it can be made in one task (both company registration and the opening of a bank account in Cyprus) however, you will have to wait until the company has been approved for registration with the authorities in Cyprus which often is a process of 7 days.

Further, it is important to make it clear to your offshore company registration agency what you plan to use the company for and how it should be structured. For instant in Cyprus it is possible to have the company registered with nominee directors and shareholders which will gives you another level of protection and hide the beneficial owner of the Cyprus Company from the companies house in Cyprus.  When using nominee shareholders and director you can still open a business bank account in Cyprus for the company and you will still have control of the company as if you would be the official director and owner of the company, it makes no different, this is ensured through a P.O.A. a power of attorney which give you the rights to act and close business deals on behalf of the company and will not limit you in any way.

When registering a company in Cyprus with nominee shareholders and directors it also means it is like
anonymous company, when this company opens a Cyprus bank account it means the bank account will also become anonymous which as another level of security is protected by the banking secrecy in Cyprus.

Compared to many other offshore jurisdictions and low tax countries, a company registered in Cyprus will give you more benefits, more freedom to act and no limitation on whatever company structure you might need or whatever business you want conducting through this company. Furthermore a Cyprus Company Formation gives you the largest number of banks and financial institutions available that also really would like to enter into any agreement with your company

CCLOGIC LLC is specialized in the registration of companies in Cyprus and the opening of Cyprus bank accounts. Please do not hesitate to contact us for more information or visit our website.

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

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.