this is going to be implemented in all eu contries , let hope in brexit. if you need nominee ubo let me know i some solutions
Will Cyprus Incorporation Be Right for Your Needs?
- Thread starter JohnLocke
- Start date
- Status
Are you saying that, with or without nominees (director | shareholders), for cypriot companies UBO informations for regular companies will become publicly accessible from 2021?
And, with respect to companies in Cyprus, will there be any way around this?
What i'm actually asking about is if it will be possible, for anyone that is not the cyprus tax authority, to find out who's the UBO of cypriot company X that is being using nominees. (found this in the meanwhile Hidden owners of companies to be revealed . Also this: https://www.pwc.com/mt/en/publications/assets/ubo-register-update-december-2018.pdf where it seems, according to PwC, that only Cypriot authorities will have easy access to these info.)
No way around this unless you find a nominee UBO which is illegal. The whole idea is that everything has to be transparent in the EU - no hiding from anyone any longer full control of the MAN ON THE FLOOR.
The only way it may be possible to avoid is if you own less then 25% of the company which is described on the forum already.
Question will be if they still allow anonymous Seychelles corps to be director and shareholder of a Cyprus company, if so the problem is solved if not, no way out of it.
Toggle signature
Latest Video Interviews, Offshore Company Resources, Payment Processing Tips & Tricks, Articles and Anonymity Hints only a click away!
Support the Freedom of Speech of our Community
Disclaimer: Nothing I say should be taken as tax, legal or financial advice. Anything I say is for general informational purposes only. Always seek independent professional advice.
Support the Freedom of Speech of our Community
Disclaimer: Nothing I say should be taken as tax, legal or financial advice. Anything I say is for general informational purposes only. Always seek independent professional advice.
Actually, thinking about it, probably it won't show. Reason should be that creating one now with nominees won't expose the UBO.
When UBOs will have to be disclosed by companies, the company would be already gone. Am I thinking straight here?
i think europe is doomed, i will make monday a trust company in north cyprus , good luck to all of you , i did not paid taxes all my life i will not start now , i am said for young generations
At the moment no reporting is performed. The money local AML law has obligated business to disclose UBO but the companies law does not. AML law was amended in 2018 or 2019. So it really remains to be seen.
Hi everyone, I am very new to this and learning the ropes - would it be possible to live in the UK, have a company set up in Cyprus and have a nominee director whos the face of the business, I dont mind if im hidden or on public records nothing to hide, I'd simply like to live in the UK while my business pays taxes somewhere with lower CT i.e. Cyprus or similar. As long as I live in the UK and pay my UK staff without any difficulties. Would this be possible? If not are there any other solutions? Thank you in advanced sorry im new haha!
Also another question, how come so many people want all of these offshore companies in all sorts of countries, some on cyprus some in bvi, svg and so on, Do you guys have businesses and just swap the money across I can't see the benefit. why not have 1 country you like and open more in that country if your businesses are doing well?
Also if the above is possible where would you guys recommend iv heard of offshorecorpgroup.com but seems their website is down which isnt a good sign
Thank you
Also if the above is possible where would you guys recommend iv heard of offshorecorpgroup.com but seems their website is down which isnt a good sign
Thank you
plaese we are talking about north cyprus i think you have other forums, any way i suggest you put your domicile not in uk and live in uk as tourist much better idea
- Status