Seychelles holding - Cyprus limited: Relationship

[simplex]

I've read about people that are using a holding in the Seychelles to reduce the taxes on their income with the Cyprus limited. Can somebody explain how that works exactly?
-Is it that the holding sends invoices to the Cyprus limited (For rights, domain leasing etc.)?
-Or is it some kind of dividend that is sent from the Cyprus limited to the holding? If so, how does it work exactly?

2. Are there other advantages of such a model or is it just to reduce taxes?

3. Are there other ways to reduce the taxes on a cyprus ltd?

Cheers

 

[diablo]

simplex said:
Or is it some kind of dividend that is sent from the Cyprus limited to the holding? If so, how does it work exactly?
Click to expand...

this is most often how it works. Also you can simply send Money to the Cyprus company that get not taxed there.

 

[simplex]

diablo said:
this is most often how it works. Also you can simply send Money to the Cyprus company that get not taxed there.
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is it legal to simply send money?

 

[negon]

yes it is legal and you won't find anyone asking questions depending on what agent you are using 😉

 

[The24]

auric said:
yes it is legal and you won't find anyone asking questions depending on what agent you are using 😉
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who do you think is the best agent?

 

[diablo]

I send Money each day to my Cyprus company and also from the CYP to SC company.. never got troubles for years!