Recommendations for Cyprus Company Service Provider

[FixieHartmann]

I haven't decided yet but I am talking to a‍ couple of CSPs (including CyprusLawyer101).

That is exactly the reason why I created the post. It seems that there are⁣ a lot of people that are interested in Cyprus but little transparency in terms of⁢ CSPs.

 

[Fboost]

[No content provided]

 

[CyprusLaw]

Sorry for joining a bit late to the party.

Just to note that there is‌ no lack of transparency, as I am sure that both myself and CyprusLawyer, and other‍ providers would be very happy when being contacted in private to disclose our full details.⁠

As noted above, it is certainly better to use a law firm rather than a⁤ simple service providers, as this usually causes issues in due course.

 

[Moses]

Can you please PM me and provide more information?

 

[Don]

Somebody went with fake documents and⁠ was able to change the structure of the company in the business register, got access⁤ to a bank account, etc.
I guess this has to do with the notaries not⁣ properly verifying all the documents at all times.
I don't know the legislation but if⁢ you compare Cyprus Notaries/Certifying officers with some other jurisdictions they seem to be far less︀ regulated, which is nice as you can get things done fast, and apparently beneficial for︁ somebody who knows how to produce proper darks to take over companies.

This is coming︂ from a lawyer based in Cyprus (they do sometimes share stories without mentioning any names).︃
Perhaps I'm just spreading false rumors and this was just one odd case, which I︄ guess can happen anywhere, but it certainly made me think twice at the time.

 

[JohnnyDoe]

Don said:
Somebody went with fake documents and was able to change the structure of the company in the business register, got access to a bank account, etc.
Click to expand...

It seems quite an elaborated fraud, but I believe that with a fake notarization you can do the same in any other country. That's one of the many problems that the blockchain will solve..

Toggle signature

@JohnnyDoe ”“ Your #1 Source for Guidance in Different Offshore Fields​

 

[kristoher]

Hi, I am looking for non‍ dom+ Cyprus Ltd. Could you kindly introduce me to your provider. Thank you

 

[scgs]

Hi, if you could introduce me‍ your provider, it would be really helpful, I'm willing to set up a company, but⁠ I need a good provider to take care of it with me. Thx a lot⁤

 

[ciccino]

I'm interested please pm me

I'm interested in your services, can you please PM me?

 

[FDS ADS]

GERAI LTD is excellent option.

 

[Ade]

@FixieHartmann How have you decided? And did you consider other countries besides Cyprus?

I'm in‌ a similar situation. I'm considering either Cyprus or Bulgaria. I contacted some service providers in‍ both locations and am quite surprised how complex and expensive company formation in Cyprus is.⁠ Also maintenence. Formation starts at ~1200€ but everything comes extra. TAX number / VAT numer⁤ / UBO / KYC... another 150-300€ each.
Taking tax residency (yellow slip, tax number and⁣ non-dom) is extra again and costs another 500-800€.

Feels like a cow getting milked 🙂

Acounting depends on transactions but you can count with 2000-3000€ per year.

I could imagine many of these don't offer the services themselves but forward you︂ to a laywer / agency for commission. Otherwise I agree there is no reason to︃ not be transparent.