Company registration cyprus

[lavel]

/IMG/cyprus-companies-house.jpg​

To register a company in Cyprus you may want to look for your needs before you proceed, there are some important factors to consider before you just enter into this venture.


Some of the most important points are:


Does the company need to be registereds onshore or offshore


Will I need to register the company for VAT


What business are you into, what are you selling


Do I need staff?


Is it important to have a real office or can I use a Virtual Office


What banking is required for my business in Cyprus


Most don't even think about the bullet points, they simple enter a website showing company registration Cyprus, enter their details and make the payment and think they are set to go.


You may spend more time on investigating and exploring your goals before you proceed that way. In the long term it will help you to get a healthy and actually usable company setup in Cyprus which you can use for almost any trading activity worldwide and specially in Europe.


A Cyprus company pay the lowest tax in Europe.

Last edited by a moderator: May 29, 2016

 

[lavel]

http://www.ccci.org.cy/

 

[suzy]

What if you are looking for a simple company formation in Cyprus?

What I mean‌ is, I have only a small Internet business that have a monthly revenue of a‍ few thousand dollars, what I was looking for is to use the double taxation that⁠ Cyprus offers against my country to avoid to pay high taxes once my business grows.⁤

I have been looking at the diagram below:

/IMG/cyprus-company-formation1.png​

It's almost how my structure will⁣ look like when I'm setup. So I think a simple onshore Cyprus company with registered⁢ office and nominees may be the solution for avoiding to pay high tax rates in︀ my own country. For that reason I explored my options and was looking at setups︁ like the below:

/IMG/cyprus-company-formation2.JPG​

At the above picture you can see a Malta company owned︂ by a Cyprus company making use of the double tax treaty, that's what I wanted︃ to do aswell. Also check the one below where it is shown again, just with︄ IP rights. It seems to doesn't matter what you are selling actually.

/IMG/cyprus-company-formation3.png​

 

[JohnLocke]

Yeah lots and lots of benefits are there for European Holding and Investment structures both‌ to lower or even avoid tax and for asset and privacy protection! If you have‍ the money to get yourself established with a solid company setup in Cyprus you will⁠ be covered and prepared to do big business.

 

[lavel]

The so called diagrams! are for huge corporate structures and not for the mainstream use‌ or a small ecom website / business! You should go ahead with some simple formation‍ of a Cyprus company and bank account, ask Admin to help you!

 

[JohnLocke]

I would recommend you to stick to a simple Cyprus company formation to start with‌ and the learn how to go advanced if required at all.

 

[lavel]

Most people doing business online or simply want an entity to protect their offline business‌ can do this with a simple Cyprus company formation, sometimes it is worth the additional‍ costs to get nominees appointed to protect your privacy.

 

[fernadex]

In another thread I can't find at the moment you describe a procedure where dividends‌ can be paid out from a Cyprus company to a Seychelles corp tax free! This‍ is something you can't do many other places. Also you mentioned the dividend option there⁠ is the loan agreement option which also isn't allowed in many European based companies.

 

[lavel]

I agree. Cyprus is a great low tax jurisdiction to manage your tax⁤ burden for corporate entities.

 

[johnskywalker]

This is indeed a great information for those people who are new in these kind‌ of stuffs. Most of the time, people are blinded by the marketing strategy by the‍ company and they don't count the possible consequences if they do such things. Its better⁠ to be knowledgeable in things that involves personal belongings such as money because we don't⁤ know if the investment will be worth it or not.

 

[Sany zeth]

what do you mean by onshore & offshore.
Does it mean
onshore (in our country)‌ and offshore ( outside our country and in foreign)?

 

[johnskywalker]

It depends. But basically in business ( which we are talking about here in this‍ forum ) you're correct.

 

[maiden]

You can also have offshore company in your own country. You only need to find‍ out the best one that suits you.