Nice post..Thats what i am︀ looking for. But is it easy to conduct business from Cyprus? I know it depends︁ on the business, but say it is royalties, or consultancy work, the cyprus company invoices︂ for consultancy work for instance? Or say I have sold the rights to an invention︃ for a large lump sum, the moneys goes to cyprus company, and I only pay︄ tax on dividends the company gives me ?
Where to register????? Please help!
- Thread starter mightymarcoose
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Welcome to the forum, eddison 🙂 Well there is no tax to be paid on Dividends in Cyprus, that said, one way to do it is the Cyprus company invoice your local company or any other company for the Royalties they hold, this income is also not taxed! Invoiced consultancy work is taxed with 10% so it may sound like a downside that you have to pay tax on this income, but that said, it is the lowest tax in the European union so it is still attractive to many businesses.
Sorry for the late reply have been on a business trip.
I learned that it may be best to incorporate Offshore in the BVI! The reason are that it belongs to the british colonies which I feel is more comfortable.
Also the Seychelles and Cyprus are a very great place then I can't see how it can be of benefit to maintain accounting and submitting various reports while it isn't necessary in the BVI.
But would like to know your opinions.
I learned that it may be best to incorporate Offshore in the BVI! The reason are that it belongs to the british colonies which I feel is more comfortable.
Also the Seychelles and Cyprus are a very great place then I can't see how it can be of benefit to maintain accounting and submitting various reports while it isn't necessary in the BVI.
But would like to know your opinions.
Just to correct you then the Seychelles don't require any accounting or annual financial reports!
You can learn more here: Why Seychelles? - Blogs - Offshore Company Forum
You can learn more here: Why Seychelles? - Blogs - Offshore Company Forum
Seychelles has been so far my first and last destination.
By now, I have Offshore companies in the following jurisdictions.
Panama
Belize
Mauritius
Cyprus
Seychelles
BVI (2 offshore companies)
Isle Of Man
Andorra
Curacao (Netherlands Antilles)
Uruguay
For non offshore jurisdictions I have:
UK
Swiss
Sweden
Spain
It all works perfectly together in one cool tax free chain doublethumbsup
By now, I have Offshore companies in the following jurisdictions.
Panama
Belize
Mauritius
Cyprus
Seychelles
BVI (2 offshore companies)
Isle Of Man
Andorra
Curacao (Netherlands Antilles)
Uruguay
For non offshore jurisdictions I have:
UK
Swiss
Sweden
Spain
It all works perfectly together in one cool tax free chain doublethumbsup
Why do you warn against NEvis and St. Kitts? Please elaborate such vague statements make no sense do me :hello:
I know this thread is old but 122k views means many︀ have an interest to learn about this topic 🙂
Will you let us know which solution︁ you found if any?
In my point of view and in the spotlight that most︂ are looking ofr privacy, low- to no tax and good offshore banking, I will say︃ a Offshore IBC is worth it! For insant a Seychelles IBC will protect your privacy︄ 100% no one can lookup the owner of the company and no one can claim︅ any tax from you. Now, offshore banking. I read from another thread here on the︆ forum that there is a CSP who is offering anonymuous banking I also read there︇ are Mexicans available who sign anything you won't for less than 100 bucks lol 😀 they will even hand over all the DD docs required more LoL 😀 - Say you get︈ a hold of such a solution your privacy will be 100% protected and you can︉ earn all them oney you need without to pay tax or to worry about the︊ local tax authorities. The Key is the Mexican solution or somone who is dying and︋ don't care 😱mg:
Will you let us know which solution︁ you found if any?
In my point of view and in the spotlight that most︂ are looking ofr privacy, low- to no tax and good offshore banking, I will say︃ a Offshore IBC is worth it! For insant a Seychelles IBC will protect your privacy︄ 100% no one can lookup the owner of the company and no one can claim︅ any tax from you. Now, offshore banking. I read from another thread here on the︆ forum that there is a CSP who is offering anonymuous banking I also read there︇ are Mexicans available who sign anything you won't for less than 100 bucks lol 😀 they will even hand over all the DD docs required more LoL 😀 - Say you get︈ a hold of such a solution your privacy will be 100% protected and you can︉ earn all them oney you need without to pay tax or to worry about the︊ local tax authorities. The Key is the Mexican solution or somone who is dying and︋ don't care 😱mg:
Well, I can't recommend the "Mexican Solution" nor any of the other suggested, to stay clean and honest must be the way to do proper business if you ask methumbups
Did you find a solution︁ actually? I know this thread is more than 2 y.o however, it has 95k+ views︂ so I believe we jave at least 50.000 people who are looking for answers thumbups︃ :coffe: doublethumbsup
I spend many hours reading this forum. Now I found this thread that say BVI is a good country to setup my company? It's old so I question if it still is so?
Much has changed since then. However, the BVI, Seychelles, Costa Rica and Belize are still very popular jurisdictions where you gain high anonymity.
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