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Thanks for your information for setting up of a forex trading Company. But it requires huge Capital investment to start such an attractive business. There are some other problems too. In some countries forex trading is not allowed by the respective governments.

The Annual Audited Accounts of companies in Cyprus are to be filed in triplicate before three authorities. They are The Registrar of Cyprus Companies. The Central Bank of Cyprus. The Income Tax authorities of Cyprus.

Definitely it is good practice in Cyprus for setting up an offshore company with minimum formalities. This would make the company formation process faster and from expenditure point of view, it is cost effective too if a company can run with a single director.

Information that is needed for registration of an offshore company in Cyprus is given below. The names, addresses, occupations and nationality of at least two persons or legal entities who are supposed to be the shareholders or the beneficial owners of the shares of the company irrespective of...

Cyprus is a member of European Union. Ever since the debacle of US Banks and financial institutions , Bank Account opening guide lines are strong in Cypros and else where in the world. Anybody can open a Bank account in Cyprus but you need the hard copy of your identity and resident proof...

When two parties (individuals or companies) incorporate a company, that entity is known as joint venture company.The business of one party is transferred to the company and as consideration for such transfer, shares are issued by the company and subscribed by that party. The other party...

The foreign companies are established in India under the guide lines as laid down by Registrar Companies, Government of India. But the final node and approval are to be obtained from Reserve Bank India (RBI), the Apex Bank of India.

The Cyprus companies having the offices and establishments in Cyprus are liable to pay income tax between 10 to 20% of their profits. So fas as my knowledge is concerned, there are scope of Tax Planning to save tax. There is a provision of full tax exemption on profits of international business...

All the companies engaged in business in a particular country are required to comply with laws and regulations of that country in true spirit and responsibility. This concept is known as "corporate compliance program". One of such corporate compliance program in India is "Cyber Law". All the...

First of all, I would offer my thanks for such lengthy post. There is no doubt about it that future of offshore companies are not bright. The Tax process is getting simpler and tax evading methods are being minimized and narrowed by the central Banks of the world. So your post carries some weight .

Belize is an attractive offshore destination to start a business. I was in search of such information from reputed and real people. I have gone through all details of your post and most of your descriptions are genuine and informative.

There are so many attractive offshore locations in the world to start offshore business and companies there. These countries are offering lower or no tax benefit to their members who are interested to start business there. So What are the five major offshore locations of the world?

I know, defense expenditure is the sole right of Cyprus Government to collect it whenever and wherever they want. But many more offshore destinations such as Belize and BVI etc does not collect any defense tax from their citizens. So Why there is defense tax in Cyprus?

Companies are divided and named according to their functions, jurisdictions, core business activities and type of services they are offering etc. But the concept of "anonymous company" is unknown to me. Can anybody explain me how such a anonymous company is formed?

The Global communities are witnessing economic recovery everywhere in the world after a massive slowdown. But the pace, the time and the way India has recovered are really unbelievable despite bad monsoon, slowdown in agricultural productions etc. So there are no more doubts left now, that India...

The Global financial crisis is nearing an end. The slowdown in economic activities has been caped. The DJI (Dow Jones Industrial Average) is trading well above 10K mark. So how can you evaluate the present world business environment? It is good; it is better or better than the previous betters

That's the power of IRS, United Sates to get what ever data they want from anywhere in the world. UBS is notoriously popular for such activities to rescue the tax evaders. Now they are exposed. I think UBS should provide such data to all member countries of United States, where there is rule of...

The url you have given above to get information on Forex trading license and related expenditure is very nice and contains informative date. But it is too long to read and get the topics of your choice.I think you should have described all data about forex trading license here. Last edited by...

The great Dean of Harvard Business School, Jay Light would retire from his positions after serving five years in his assigned job. He is a talented and outstanding business laureate. May be it is his bad luck, during global financial crisis he was in his chair. His efforts, contribution to...

Tax planning maybe defined as “ Making systematic plan to pay taxes to local, state, and federal tax agencies, in an effective and optimal manner. As tax laws are subject to change in every financial year, Tax Planning needs to be done every year which is continuous process. Some of the elements...