Posts Tagged ibc company
Cyprus Company Formation; When you consider to register a Cyprus Company, you should consider the following 3 options you will have available and to choose from.
A Cyprus Company Formation isn’t any difficult and the most questions we get asked daily by new clients are what a Ready-Made Company is? Also when I try to register the Cyprus Company online, I need to fill a lot of fields which I’m not aware of what are about.
First, what is a Cyprus Company Formation?
When you decide to register a company in Cyprus it is a Cyprus company formation, and, can be done in 3 different ways.
- Shelf Company / Ready-Made Company or also called Pre Registered Company. All 3 terms are covering the same topic, a Cyprus Company which is already registered by CCLOGIC.COM and which we offer for sale, this speeds up the process compared to a new Cyprus company registration, and only need a change of ownership done. This typically takes 5 – 7 days. It is also the most used service we offer.
- New Registration of a Cyprus Company / Cyprus Company Formation, those two terms are covering the same, when you decide that you want a company in Cyprus and you wish to register it with a company name you decided, and, with yourself as beneficial owner and shareholder, then, it is the service you need from us. We offer Cyprus Company formation in as little as 7 – 14 days and it isn’t difficult.
- IBC Company in Cyprus, a Cyprus International Business Company, two terms again which are covering the same, whether you go with an Cyprus company Formation or a Shelf Company (Ready-Made) Company, you can decide to register it as an International Business Company in Cyprus, this requires that the company has foreign Shareholder(s) and Director(s) which is a service you can buy from CCLOGIC (if you don’t want to be listed public at the companies house in Cyprus) or it can be yourself if you don’t live in Cyprus. The IBC Company will be subject to 0% TAX.
When you register your Cyprus Company Online, you will be asked some questions on our Online application, which sometimes can be difficult to answer, however, we suggest you to complete the application best possible and at least with your contact details, once we receive your application we will get in touch with you by e-mail or phone or even by some messenger service if available.
CCLOGIC.COM has specialized in different Offshore Services which covering Cyprus Company Formation, opening of Cyprus Bank Accounts and to apply for an Offshore Merchant Account with one of our partnered Acquiring Banks and Payment Processing partners. Furthermore CCLOGIC is an authorized introducer for several of the major Banks in Cyprus.
The financial marked has changed and you need to consider to increase your profit of your online sales for two reason, first due to the competition while more and more Online Shops and businesses will go and reduce their price structure you need to have competitive prices on your products and services too, secondly while many see a decrease of the products services sold you need to earn more on each item as before to survive.
By just lowering your prices you would in many cases easily drive more sales into your pocket but you will soon face that this also means you need to sell more to get the same out of it.
A simple calculation which we did for a new client was to consider to take the entire business Offshore for Instant in Cyprus, the payable TAX for international business companies is 0% TAX which means if you lower your pricing per item with let’s say 15% (which would be the TAX you had to pay if you continue as you do now) than you won’t lose any money by reducing the price on your products or services but will at the same time get very competitive towards the competition.
It is important to consider any possible aspect to increase the costs doing business and at the same time be able to reduce the price to serve the consumers which at the moment (due to the financial crisis) only hardly want to spend any money.
A marked survey which has been made in Europe show that we are all more willing to spend money even in this financial crisis, if we can get the product or services we need to a reduced price.
How can I register a Cyprus Company, should be the question you ask yourself now.
CCLOGIC LLC has been in the Offshore Company Formation for years now and been of great help for many of our clients worldwide, many fail on finding the right Agent which can help with this service and get the job done fast and secure, we register a Cyprus Company and can open a Cyprus Bank Account within 7 – 14 days and ensure that everything is incorporated properly with Apostille of Documents and Company Certificates.
The Cyprus Bank Account comes with an Advanced Internet Banking (e-Banking) and as multi currency account (USD, EUR, GBP) – Your Cyprus Company can be registered as anonymous company with nominee shareholders and directors or with yourself or your holding company as director. You have to pay a 0% TAX rate to the TAX Authorities in Cyprus and conduct business worldwide with your Cyprus Offshore Company setup. You have a 100% assets protection and no limitation at all; any business can incorporate in Cyprus.
CCLOGIG LLC is a official Introducer for the major Cyprus Banks and has been serving several hundred clients with the Cyprus Company Formation and opening of Bank Accounts but we can more, we have a bride knowledge about the hassle to accept credit card payments Online, we have partnered with several Acquiring Banks around the world to open Offshore Merchant Accounts and to provide secure and reliable credit card processing for your website.
CCLOGIC LLC is a All in One Financial Service Agent which goal is 100% satisfaction for our clients, contact us today and let us help you to be a successful business which is in front of the competition.
Did you know that you are easily can register a Cyprus Company Online? Yes, that’s true you don’t need to visit Cyprus just for registering a Company in Cyprus.
Once you decided to incorporate your company in Cyprus it is very easy to transform this plan into reality, you can just start to fill our Online application for Cyprus Company Formation and hit the submit button.
Once we receive your application a sales representative will get in touch with you by e-mail or phone to clarify how your company structure should be and most important what your goals are in regards to go offshore with your company.
A simple application is then send to you as a PDF file which needs to be read and signed to start the registration of your company. Once this is received by our staff we will get it through to the Cypriot authorities and after approximately 7 days your company is registered.
Once the Company is official register in Cyprus we will send all the Apostil documents, company certificate and other useful information to you by courier or postal mail to an address of your choice.
Important to consider is if your Cyprus Offshore Company need to have a bank account, this can also be opened for the Cyprus Company easily, just let us know and we will send a Cyprus Bank Account application form to you as a PDF file, once this is filled, signed and returned to us we will go to the bank and get the account opened. Everything done Online and visit you to have to visit Cyprus.
Once you have both the Cyprus Company and the Cyprus Bank Account in place, you will be ready to start trading and conducting business through your real Cyprus entity. Your customers will be able to pay your Invoices to your Cyprus Bank Account just by using your Bank Account number or the IBAN number and a SWIFT code.
Through the advanced e-Banking (Internet Banking) system you will be able to monitor once the money enters into your account, from there you can transfer the money to your own local bank account or just have the money stay on your balance.
When would it be useful to have a Cyprus Company?
The possibilities are many, and often incorporation in Cyprus is used for the purpose of International Business Company (IBC Company)to conduct business Online, others register a Cyprus Company for the purpose to act as an Holding Company for a local company outside of Cyprus, this can be of a major benefit for your TAX planning and Assets Protection purpose.
Cyprus is a member of EU (European Union) which makes your Cyprus Company conducting business as an EU member company, that’s again offers you trust worthiness and a lot of possibilities in opening for instant a Merchant Account with a European Bank to accept credit card payments if you have a website.
For more information about how to open a Merchant Account to accept credit card payments on your website and to have your Cyprus Company to apply for the account please read our next publication on this blog or simply get in touch with one of our experience staff in this field at CCLOGIC LLC.
Nominee shareholders are utilized in most jurisdictions. With respect to publicly traded shares, nominees are commonly, and legitimately, used to facilitate the clearance and settlement of trades. The rationale for using nominee shareholders in other contexts, however, is less persuasive and may lead to abuse. For example, many jurisdictions require corporations to maintain shareholder registers and file annual returns containing shareholders list and directors information. The use of nominees, however, reduces the usefulness of the shareholder register or the shareholder list because the shareholder of record may not be the ultimate beneficial owner.
Where nominee shareholders are used, most jurisdictions employ investigatory means to discover the identity of the beneficial owners. In the United Kingdom, Section 212 of the Companies Act 1985 provides companies with a procedure to identify the beneficial owners of their shares. Under this Section, a company can ask the nominee to disclose the identity of the beneficial owner. If the nominee refuses, the company can apply sanctions such as suspending voting rights, withholding dividends, or refusing to register any subsequent transfer of shares-
However, this doesn’t apply for Cyprus Offshore Companies and is therefore commonly used by many online businesses conducting their business ultimately on the Internet.
Many people think it is needed to visit the country where they decided to incorporate their offshore corporation.
To open a company for instant in Cyprus don’t need to a visit, all Limited Companies in Cyprus ( LTD company ) can be registered online through your company formation Agent in Cyprus.
The steps are very simple;
You decide which type of company you would like a Limited Liable Company a Limit Trade Company or even a IBC Company (International Business Company).
Next, you go and submit your documents which the Offshore Company Agent will require, typically a Phone or Electricity Bill and copy of Passport together with a brief business description, that’s all. The documents can be submitted securely online.
Now you will receive your Company Registration Application for your LTD, IBC or LLC Company and you just need to fill and sign and return the application, takes less than 5 min.
Within 5 – 8 days you are ready to conduct business with our Cyprus LTD or Cyprus IBC or Cyprus LLC Company. Cyprus Company incorporation is very easy and can be connected with a Euro Bank Account in a Cyprus Offshore Bank Account.
For more information please contact CCLOGIC .COM a duly incorporated company in Cyprus.