Recent content by kefth

Hugger, You need professional advise on tax. Every case is individual and you can't draw conclusions from other peoples' arrangements. Hope that helps.

Here is a simple tip for you. Once I transfer an interim dividend from the subsidiary to the Cyprus holding company and the money are in the bank account, then the same day I pay myself an interim dividend to my private account. After that I give an order to the Directors to do a dividend...

Thanks for your answer Admin. Do you have ready-made Seychelles Companies for sale? What is the exactly the anonymity advantage of a ready-made vs new Seychelles company, since in both companies the weakness lies within the bank account. Thanks Last edited by a moderator: Mar 16, 2012

My current setup is a UK subsidiary owned by a resident Cyprus Holding company. Dividends are tax free (from UK and from the CYpriot company me as the UBO) and there is no tax in Cyprus bcs the income is not sourced from Cuprus. Based on my current situation, I was thinkg of it would be...

Thanks Admin for your reply. Back to my initial questions though re accummulation of profits/income in the company for several years without distribution to the shareholders (no dividend payments). Is that possible with a resident Cyprus Hodling company? Is it possible with a Seychelles...

So if I understood correct, you can leave your profits in the company (without distributing the profits to the UBO) for several years without any consequences in both Cyprus or Seychelles company. Can somebody double check that for me? It might be possible in Seychelles, but might not be for a...

Hi, I would like to know if there are surcharges on any undistributed income of a Cyprus Holdings or a Seychelles IBC. Is it possible to leave the money/profits in the company as long as you wish without any implications? I have read that accumulation of Income is permitted in a Seychelles...

I am not a director of the Cypriot company. The Board of the directors gives instructions to the bank re the opening of the account. As far as I know, anybody can be assigned as the signatory.

Thanks Admin for your prompt reply. What do you exactly mean "this also set's beside any TIA's or DTAA etc."? There are definitely less international tax agreements signed by Seychelles compared to Cyprus (exchange of info re Tax). If there is in force a TIA or DTTA between Cyprus and the...

Hi, I currently own a Holding company in Cyprus (non-resident). A have appointed nominee Shareholder and Directors. I am the sole signatory of the company's bank account. I would be grateful if you can help me with the following questions: - How much protection does the current scheme...