Compare Cyprus company with BVI company formation, what's best?
- Thread starter buzzoffshore
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Thanks for letting us know and to post your feedback it is always very helpful for all of us to read about good and bad.
I will say almost the same. Anyway, most people who want to conduct business within the European Union and want the lowest corporate tax are using a Cyprus company to do business here in the EU. Otherwise if you are doing business in Europe but it's Internet business, then you will maybe be better with a BVI company, it's cheaper and easier to maintain as far as I know.
BVI is good for no tax at all and for quick and cheap incorporation in Europe while Cyprus is for more advanced and long term setups.
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taxraider
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I would say that if you look for some cheap and fast formation in Europe you can go with a BVI company, specially for IM and other E-Com business it may be an advantage. For Investments and asset protection a Cyprus Holding company may be the better solution.
I would say that if you look for some cheap and fast formation in Europe you can go with a BVI company, specially for IM and other E-Com business it may be an advantage. For Investments and asset protection a Cyprus Holding company may be the better solution.
Cyprus is a good country to establish your investment and holding company. Very good tax benefits and you can gain anonymous!
For the purpose of a Holding or investment company Cyprus is a great jurisdiction because of applicable tax laws and the privacy you gain while incorporating a company here! Also the corporate laws in Cyprus are very large in regards to loan agreements, privacy and anonymity protection and asset protection toosl.
The topic has been discussed so many times here on the forum, there is NO BEST place to incorporate a offshore company. There is a wealth of opportunities in the many offshore jurisdictions for anyone. You need to make it very specific to what your goals and aims are you try to achieve! You need to know what exactly is the business activity and how do you want to conduct the business. Once you know, you can take a look at the offshore jurisdictions around to see which fit your needs!
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