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Cyprus Company Formation
Cyprus Company Formation
Cyprus Company Formation
Cyprus Company Formation
Cyprus Company Formation
Cyprus Company Formation
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Cyprus Company Formation

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Having your business registration completed is a very essential move towards establishing your company’s identity. There are very many things to note in Cyprus company formation. The notable things …

Having your business registration completed is a very essential move towards establishing your company’s identity. There are very many things to note in Cyprus company formation. The notable things included in the brochure

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  • 1. C yp r u s C om p a ny f o r ma tio n f o r t ax saVi n g s a nd ass e t s p r o te C tio n Maximize the long-term wealth and protect your assets. Professional services.
  • 2. in place and a skilled workforce. Once you know that Cyprus also offers its residents and non-resi- dents a favourable tax system and modern bank- ing facilities, it becomes clear as to why so many a b o u t Cypru s Comp a n y f orma t i o n o u r companies choose to base their offices here. s e rV iCe s: Cyprus has been a major trading post for hun- About CyprusCyprus currently has the lowest dreds of years with traders visiting its ports and tax structure throughout Europe and this is what contributing to make the island an important makes it so attractive to those seeking the per- cultural and foreign exchange destination. It fect location for their offshore company. It also has experienced substantial economical success offers many advantages in comparison to other mainly due to the positive policies of its past jurisdictions and is well known as an interna- governments and the ability of the locals to adapt tional financial centre. The government of Cyprus themselves to changing circumstances and mar- places no difference on the amount of tax paid, ket demand. Cyprus was originally an exporter of regardless of whether it is a local company or an agricultural products and minerals, over the years International Business Company. Everyone pays a it has evolved into a global financial centre and single corporation tax rate. important tourist destination. Over the years, Cyprus has transformed itself into an international financial centre, helped along by Due to this transformation Cyprus has invested its strategic position close to both Europe and the millions in the telecommunications sector, and on Middle East, an already established infrastructure the island you will find quick and proficient tele- phone and Internet facilities. Its influx of tourists has also seen the development of a modern trans- port system with an extensive road network, port facilities and two international airports, making travelling around the island and its surrounding areas an easy and enjoyable experience. DE L I VERY | NEW REGISTERED COMPANIES AND READY-MADE COMPANIES. A new registration of a Cyprus company takes between 1 and 2 business weeks and depends on the Cypriot authorities; a Ready-Made company will be delivered within 2 business days, however, new company certificates will be delivered within 1 to 2 business weeks. A DD ON | WE OFFER A WIDE RANGE OF ADDITIONAL SERVICES As a client of CCLOGIC Ltd, we offer you; to take care of the book keep ing, register the company for VAT (if needed) and do the VAT returns, pre pare and submit the annual report, mail forwarding, dedicated phone line with / without pick up service or call through, ask us for any particular ser vice you need. PAY ME NT | OUR GENERAL PAYMENT AND DELIVERY TERMS Payment is made directly to our bank account by Wire Transfer once the invoice is generated, delivery or start of a project, after payment eceived.
  • 3. nominee serViCes | foreign nominee serViCes | registered offiCe address | CYPRIOT NOMINEE SHAREHOLDERS AND FOREIGN NOMINEE SHAREHOLDERS AND A OFFICE ADDRESS AND SECRETARY DIRECTORS APPOINTED DIRECTORS APPOINTED REGISTERED IN CYPRUS nominee shareholders (Cypriot) are often foreign nominee shareholder and When registering a new Company or if you used in regards to convince the different TAX director, if the company will not offer their buy a Ready-Made company in Cyprus, it is authorities that the company is managed services or products to local (Cyprus) busi- mandatory to have a registered office address abroad, not locally and has a official Cypriot nesses and would like to be exempted from and a Company Secretary registered in office address from where the business is con- any TAX, means subject to a 0% Tax rate on Cyprus appointed. You are not allowed due to ducted, this is a legal and accepted instrument. net profits, one will need to appoint a Foreign Cyprus Law to register a company in Cyprus Nominee Shareholder and Director, doing without to have this in place. CCLOGIC Ltd nominee director (Cypriot) as well as the so, the company will have the status of an offers this service as a requirement when a nominee shareholder is most often used for International Business Company (IBC). company is ordered for registration. the purpose to have a legal and accepted company abroad which is not subject to local FOREIGN REGISTERED OFFICE AND SECRETARY tax laws, makes it a fully managed and oper- NOMINEE DIRECTOR EUR 795.00 OFFICE ADDRESS EUR 395.00 ated Cyprus Company which is subject to NOMINEE SHAREHOLDER EUR 795.00 COMPANY SECRETARY EUR 395.00 Cypriot Tax Laws. CYPRIOT(LOCAL) NOMINEE DIRECTOR EUR 395.00 NOMINEE SHAREHOLDER EUR 395.00 Complete solutions offerings that will guide the eVolution of your business.
  • 4. The other important parties of the trust are: •The settlor. This is the person that creates the r e giste r a Cyp rus t rust a n d p r o t e C t trust. In some jurisdictions the settlor could not y o ur p riVaCy: act as trustee or be a beneficiary. In the Cyprus jurisdiction, the settlor can also be a trustee or The various types of trust vary in complexity but beneficiary. they have one common fundamental feature. A •The protector. This is the person(s) that has the “person” being either an individual or a company power to restrict key powers (such as add benefi- (“the trustee”) agrees to hold certain assets (“the ciaries, etc.) of the trustee so that they can only trust fund”) in its name for the benefit of another be exercised with the consent of suitable person. person (“the beneficiary”) on certain terms and with certain powers (which are usually set out in the international trust is a trust whereby: the Trust Deed). The assets comprising the trust •The settlor is not a permanent resident of fund are legally held and registered as owned Cyprus by the trustee and the trustee is under a duty, •The trust property does not include immovable enforceable in the Courts, to hold those assets property in Cyprus and the income arising from them for the benefit •At least one trustee is resident in Cyprus. of the beneficiary(ies). The nature of the Cyprus international trust could be “discretionary”. The above relationship can be summarised as fol- lows: The trustee has legal title to the trust assets As the name suggests the discretionary trust and the beneficiary has beneficial or equitable title allows the trustee to exercise a large element of (it is the beneficial title which is of value when one discretion with regard to distribution of income is considering asset ownership). and assets, and to choose from a large “pool” of potential beneficiaries. The voting of beneficiaries from the “pool” could vary every year.. please request more information. DE L I VERY | NEW REGISTERED COMPANIES AND READY-MADE COMPANIES. A new registration of a Cyprus company takes between 1 and 2 business weeks and depends on the Cypriot authorities; a Ready-Made company will be delivered within 2 business days, however, new company certificates will be delivered within 1 to 2 business weeks. A DD ON | WE OFFER A WIDE RANGE OF ADDITIONAL SERVICES As a client of CCLOGIC Ltd, we offer you; to take care of the book keep ing, register the company for VAT (if needed) and do the VAT returns, pre pare and submit the annual report, mail forwarding, dedicated phone line with / without pick up service or call through, ask us for any particular ser vice you need. PAY ME NT | OUR GENERAL PAYMENT AND DELIVERY TERMS Payment is made directly to our bank account by Wire Transfer once the invoice is generated, delivery or start of a project, after payment eceived.
  • 5. new registered Company | ready-made Company | trust formation | NEW CYPRUS COMPANY FORMATION ACQUISITION OF A NEW COMPANY REGISTRATION OF A TRUST IN CYPRUS we register new companies within 1 to we have always about 10 ready-made CClogiC ltd has specialized in the for- 2 business weeks, once the company companies available for sale, the com- mation of trusts in Cyprus, the turn- formation takes place, we provide you panies comes with company certificate, around time for the regististration with original corporate documents with original corporate documents with apos- depends but is often done within 1 - 2 apostille, company certificate, share- tille, and only requires a change of weeks. holder certificate, everything will be ownership and a new shareholder cer- send to your address of choice by cou- tificate. average duration of delivery is an offshore trust in Cyprus is a common rier service. 1 to 2 business days. vehicle used by many business profes- sionals in order to keep their privacy, for asset protection and for investments NEW COMPANY FORMATION READY-MADE COMPANY through offshore companies owned by EUR 1.495.00 EUR 1.795.00 the trust. TRUST FORMATION EUR 2.995.00 Complete solutions offerings that will guide the eVolution of your business.
  • 6. ALL FEES ARE SUBjECT TO 15% VAT IF THE INVOICE IS GENERATED TO A PERSON OR A COMPANY WITHOUT VAT NUMBER! FEES ARE SUBjECT TO BE CHANGED FROM TIME TO TIME, PLEASE VISIT OUR WEBSITE FOR FEES THAT MIGHT HAVE CHANGED. www.CClogiC.Com 77 str o Vo lou aVen ue, stroVolos Cen ter off. 2 0 4 | 2 0 1 8 st roV ol os | niCo sia , Cyp rus +3 5 7 2 2 5 8 9 3 6 1 | skyp e:CClogiC | sales@CC l ogi C .C om

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