Posts Tagged register offshore company
If the anonymity of your Offshore Company structure is important to you and the aim is to have a offshore company structure which is anonymous and which assets are protected, you will defiantly need to look into the formation of an Offshore Trust in Cyprus.
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.
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