What are benefits of Cyprus Company formation?

[akshdalal]

Topic says it all. What are the benefits of opening an Cyprus Company?


Since it involves investment of large sum of money, are there any 'cons' or 'precautions', I should take care of ?

 

[JohnLocke]

It depends on what the purpose of the company is. If you need it for‌ trading in Europe it will be the perfect vehicle for this purpose. If it is‍ trading worldwide or even outside of Europe, you may reconsider your setup a little. A⁠ Cyprus company can trade worldwide and ourside of Europe, that's not what I say it⁤ can't, but you need to structure it right.

 

[akshdalal]

I don't wish my company be struck to one place. What are the things I‌ should take care of? Or what's the best option, if I want an overseas company?‍

 

[clemens]

Would let us know what business you are into? What's the activity of the company?‌

 

[akshdalal]

My company is a 'Future Plan', which I will launch by 3rd‍ quarter of 2014-15.

Basically, my company is going to invest in production of 'Beverages'. That's⁠ the max I can tell you for now. 🙂

 

[JohnLocke]

And you want the company to be anonymous?

 

[akshdalal]

That's part of another‌ company of mine. Since, I have lots of dimes, I am gonna invest in different‍ sectors.

 

[JohnLocke]

I would recommend to look into a Cyprus or BVI company or maybe even a‌ Hong Kong corp.

 

[akshdalal]

Ok, thanks, I am gonna research a bit more on them before investing. I am‌ already aware of 'Cyprus' and 'BVI', but not heard too much about the 'Hong Kong‍ Corp.'

 

[clemens]

You may want to check Belize and St.Vincent as well, so Mauritius maybe all 3‌ are great offshore jurisdictions where it is easy to incorporate a company.

 

[akshdalal]

[No content provided]

 

[taruniis]

I guess your list is already enough. Those three choices are already too big to‌ study. Besides, they are already one of the best that can help you. What amuses‍ me is your line of work. Investing on beverages is really appealing since the country⁠ loves celebrations.

 

[taruniis]

That is great! I can see that you are working well with the industry. I‌ am happy that offshore business is getting its peak already. Too many people do not‍ realize the things that it can do for a particular company. It will only take⁠ time to know the basics but it is all worth it.

 

[JohnLocke]

You want to elaborate?‍ 🙂

 

[clemens]

A cyprus company is great for doing business in Europe. We have been satisfied with‌ our company in Cyprus for many years.

 

[JohnLocke]

Thanks for your brief review,‍ nice to hear that you are satisfied with your company setup in Cyprus.

 

[saintcj]

The Republic of Cyprus has developed into an international financial center as well as an‌ ideal gateway for businesses both while going in to the European market.

 

[JohnLocke]

One more of these posts, and you get banned and your posts deleted!!

 

[plotoffshore]

For business activities in the European area a Cyprus company may be the perfect entity‌ in order to get started and use Europe for a sales channel to sell your‍ products and services.

 

[poulaCo]

Seems that most that need banking offshore and do legit business in Europe are opening‌ companies in Cyprus. What about privacy for Cyprus companies? are they anonymous or can one‍ lookup ownership data as with any other European company?