Cyprus company with 5 owners, possible?

[biskoffshore]

I know how we can split the shares in a Cyprus company so we can get a fair split of the company. However, what I'm looking information about is a setup where 3 real persons and 2 holding companies are owners of the company in Cyprus. Is this different from real persons and companies or the same way to do it?

 

[JohnLocke]

You can do it exactly as you describe it and as you want. There is‌ no different if it is a person or corporation who is holding the shares of‍ a Cyprus company or any other offshore company. You can even mix it as you⁠ want. There may be tax reasons and asset protection reasons for why it is better⁤ to have a Holding company / corporation to hold the shares rather than a person⁣ to own them.

 

[biskoffshore]

Okay, thank you Admin for your help. We will work around a structure like this‌ for our setup.

 

[JohnLocke]

[No content provided]

 

[biskoffshore]

We have all this already and submitting this to you today, now we are excided‌ to get the ball rolling.

 

[Spinat]

You can have as many shareholders and owners as you want appointed to a Cyprus‌ company.

 

[poulaCo]

Will the costs to establish the company be the same regardless the number of shareholders?‌

 

[TomEthi]

I would like to know the answer to this too. If I‍ understand correctly, other companies will charge you a fee for each individual opening an offshore⁠ company such as this. While I hope this isn't the case with C, it won't⁤ put me off from applying here. It would be a little bothersome, but no big⁣ worries.

 

[JohnLocke]

Yes it will be the same, just make sure that you send‍ the list of all shareholders together with your application for the company registration!

 

[lavel]

Only when you make changes later on you will have to pay for it!

 

[alain]

You can have as many owners as you like. We are 2 owners of the‌ company.

 

[JohnLocke]

Indeed, usually it's not a problem at at all to have‍ 2 or more shareholders / owners of a company.

 

[lavel]

No problems do have several owners for a company so for a Cyprus company. Each‌ time you change something you just need to understand that it costs money.

 

[cnpeurope]

It depends on what you change... if you need new documents or it requires changes‌ by the company registrar it will cost you money!

 

[alain]

Usually a simple ownership change or add / remove owners don't cost you anything. Only‌ if new incorporation documents are required it starts costing you something.

 

[JohnLocke]

Depends, actually if you need new documents then it will cost you some fee. Also depending‍ on what changes you want it can cost some money as well.

 

[cosmo]

We are 10 shareholders no issues at all. Dealed fine with the changes we do‌ from time to time.

 

[biskoffshore]

Thanks for your comment puha, sorted it all‍ out wasn't really an issue after all.

 

[cosmo]

Did you get it setup in Cyprus?

 

[Rahul shetty]

To be honest I don't know much about this topic. But you better try to‌ contact Bank operater