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.

First you will need to figure out which offshore jurisdiction you want to incorporate, Belize, BVI, Cyprus and the Seychelles are the most common places for a Offshore Company Formation.  To setup a offshore company in one of the mentioned regions are not difficult many of the professional Offshore Company Formation Service Agencies can help with it, however, it is important that you get a offshore company setup which is customized to your situation, which is different from client to client.

You will need to ensure which laws apply for you citizenship in the country of your residence, some countries have some very complicated tax and legal regulations where others almost not bother, the last applies only for a handful. Regardless of which of the mentioned countries you choose you will need to make sure that you are able to open a business bank account for the offshore company, failing to do so, will make it worthless to enter into a offshore company Formation.

Cyprus has one of the best banking infrastructures in the offshore jurisdictions you can find, furthermore they have a high level of banking secrecy, they are a member of the EU but retained the regulations in regards to banking secrecy, company formation regulations and much more.

You have several options available, however a Cyprus bank account can be opened by any company Worldwide as long as the company is duly incorporated and the beneficial owner can be identified.

When we suggest our clients to go for an offshore company formation, we often want it to be less complicated and therefore suggest Cyprus for the company formation and also the opening of the business bank account. Cyprus has two efficient ways to incorporate a company, first it can be registered as regular company which is subject to a corporate 15% Tax (which is the lowest tax in Europe) and then the most common registration as an IBC (International Business Company) both are very easy to form, only condition is that we know it first of, a IBC requires foreigners as shareholders and Director, this can be through nominee shareholders and directors, which give a 100% anonymity or it can be the beneficial owner itself, we recommend the nominee services.

The British Virgin Islands, Belize and Seychelles offer a 100% corporate tax free setup of the offshore company and can also be appointed with Nominee Shareholders and Directors, further, those companies can open business bank accounts in Cyprus as easy as an Cyprus Company can.

CCLOGIC LLC has specialized in the offshore company formation in, Belize, BVI, Cyprus and Seychelles, we have a many years of experience also with the formation of Offshore Trusts in Cyprus and Panama. Our large number of offshore banking for which we in many cases are official introducers for helps clients worldwide to archive the ultimate offshore company and banking setup.

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.

The first Cyprus company we register now has the only purpose to be a holding company therefore we do not need any VAT registration but we what we will need is a bank account with a Cyprus bank.

The registration of a Cyprus company as a holding company takes about 7 days as well as any regular Cyprus company formation takes, the time frame depends on name approval by the Cypriot authorities, if the company name doesn’t matter a instrument to speed up the registration process, is to buy a Shelf Company (Ready-Made company) in Cyprus, here we will only wait for a change in ownership which properly only takes a few days.

Now we have successfully registered our Cyprus Company as an Holding Company and are ready to register another company which will be used for our business activities, best to do here is to register the company VAT and to have it registered with nominee director, even if it is possible to have our Cyprus Holding Company to be an director of the Cyprus company then it is advisable to have a Nominee director for that company. When choosing a nominee director the beneficial owner of the company will receive a POA (Power of attorney) which give full access to the company and to trade and close deals on behalf of this company, so no need to worry about this part.

Once the second Cyprus company formation has taken place you are ready to trade, the benefit to have a Holding company in Cyprus is for TAX purposes and for this company to receive dividend from the daughter company without paying any tax. Furthermore it is easy with a Holding Company in the Top of your company group structure to extend your activities to any other jurisdiction worldwide.

Your Holding company in Cyprus is also protected from any creditors that want access to it because of the daughter’s company liabilities which might not have been fulfillment.

Many private investors and business people have Holding Companies in Cyprus for the purpose to make small or large investments in other companies in non Offshore Jurisdictions due to the benefits of tax savings and privacy protection they get.

CCLOGIC LLC has specialized in the Cyprus Company Formation and opening of Cyprus Bank Accounts and is operating Worldwide, further to our activities in Cyprus we can also help with the Offshore Company Formation and Offshore banking in the Seychelles, Belize, BVI and several other offshore countries.

If you decided to become an offshore company and have a good amount of services to choose from in regards to the offshore banking services which you sooner or later will need then go for an Offshore Company which is incorporated in a real offshore jurisdiction. Once your offshore company is prober incorporated you will need to find out which offshore banking services you will have available for your offshore company.

Many offshore companies will need an offshore bank account which easily can be opened with the same incorporation services you used to incorporate your offshore company. Many offshore companies formation are done without to open the offshore bank account which is absolutely a big mistake, don’t be fooled into any offshore incorporation service which fail to open a bank account for your offshore company. It will make it much more expansive to get an offshore bank account later on.

Offshore Banking services you find with a wealth of opportunities and for any purpose. The think you will need to look at when you open an offshore bank account is simply if you get some advanced Internet Banking to access your offshore account and if you become an IBAN account number for your offshore bank account, furthermore it must be possible to become a debit card from Visa or MasterCard for this offshore bank account where you are able to withdraw money in any ATM worldwide.

Some Offshore Incorporation services will open so called Virtual Bank Accounts which are mainly sub accounts of their own and where they are still able to access your funds, don’t be fooled by this solution, it is not worth it.

By considering going for an offshore company you will need to figure out how to incorporate the company, should it be a shelf company and which offshore jurisdiction should you go for?

We have made it very easy for you know, most of the clients we talk with an a daily basis we ask to consider to incorporate their offshore company in Cyprus, we have a wealth of possibilities for Cyprus Offshore companies, starting from Offshore bank Accounts to Offshore Merchant Accounts to accept credit card payments, finally we can get you an Visa or MasterCard Debit or Credit card for your Offshore Bank account. Needless to tell you that you of course will become an real IBAN bank account number and Internet banking to send and receive International Wire transfers and to access your offshore bank account balance at any time.

CCLOGIC LLC has specialized in the opening of Offshore Companies in Cyprus and the opening of Offshore Bank Accounts with the major banks in Cyprus. Cyprus has a wealth of offshore banking services to choice from and we will be more than happy to assist you any time, contact us today.