Will Cyprus Incorporation Be Right for Your Needs?
- Thread starter JohnLocke
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How easy is that with a public registry in Cyprus? Will my name not appear as beneficial owner in there?
Would you say that appointing foreign nominees will protect your privacy in the Cyprus company? I consider to register a Seychelles holding to won the shares in a new Cyprus company and appoint a nominee I have found to be director. He does not even know he will be director of this 😀
I consider to setup a new business not for the purpose of tax evasion or to get privacy but for setting up something legit but with tax benefits. For me it looks like a Cyprus company is one of the best entities if your budget is small but you want to do business in Europe.
I plan a total & 100% legal structure and the shady one that I read about here on the forum a few times.
So my question is, how does the double tax treaties really work for a Cyprus company? Does it mean that if I pay tax in Cyprus I have not to pay tax in my country (say may country have an treaty) is that how I have to understand it?
So my question is, how does the double tax treaties really work for a Cyprus company? Does it mean that if I pay tax in Cyprus I have not to pay tax in my country (say may country have an treaty) is that how I have to understand it?
you have to pay tax in your country once you take out the money for personal use. Otherwise if taxes are paid in Cyprus (corporate tax) you don't have to pay tax in the UK. That's how it works between Norway and Cyprus I know.
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