Posts Tagged incoporate
Companies from all over the world are beginning to understand and experience the benefits of a Cyprus Holding Company. By transferring the base of their holding company from their current jurisdiction to the more tax favourable jurisdiction of Cyprus many companies are experiencing the benefits of a favourable tax regime without the need to suspend or stop its operations.
A holding company does not produce any goods or services of its own. Its entire purpose is owning shares in other companies. A holding company is used as a strategy for minimizing the risk of loss of assets, equity and finances.
A Cyprus Holding Company is able to enjoy a large list of legal and tax benefits that can keep more of its profits in the Company, which will allow it to grow at a faster rate. If the holding company is being used as a place to hold and store wealth then moving to a favourable tax regime, such as Cyprus, can allow you to grow your money faster as you are able to pay less tax on your profits.