Detailed and informative post. You discussed about every side of it. Thanks.
Btw, i have an merchant account with BoC. They are good. I can recommend them:)
Well, so you don't think Seychelles is behind than Cyprus ? Please do some research on google and compare the GDP of both country, per capita income, size of economy, geological situation, value of currency....you'll get your answer.
Check here, you'll get exactly what you are looking for:)
Cyprus company incorporation, order now!
Cyprus incorporation with bank account will cost you about £3k.
Thats really a good news for us. Thanks for sharing.
Btw, waiting for the result of UK's todays vote. Let's see what they have choose. UK's people want to be with EU federation or not. The Future of Cyprus economy is depending on this vote.
You are correct. But I'm confused with, as India is a poor country, how some people manage to keep vast amount of money in foreign bank like Swiss bank!!!
You are correct. Though resident company have to pay 10% tax of net profit, it is better than non resident company. Because, 10% tax open the door of many advantages.
Btw tax percentage already increased in Cyprus recently ;)
You got the good question. I recently open an incorporation in Cyprus but i never heard about auditing, my agent never tell me. I should ask my agent ....
Yes, you are correct. But you have missed the 'shipping charge' part. If you sell service, then okay, you can sell cheaper than EU locals. BUT if you sell digital goods, you or your customers will have to pay shipping costs . So, it'll not be cheaper;)
It seems really wise thinking to open an offshore company in Bahrain. I don't know why 'vitomerchent' thinking this an out of the box thinking in above post!! Bahrain really a stable country with a strong economy. Their currency is about 3 time stronger than USD. I see all positive things when...