Forming An Offshore Company In Cyprus, The Major Benefits Of Using Our Organisation:
Reputable studies indicate that around 65% of the world's liquid currency is held in offshore banks by offshore companies.
There was a time when certain offshore companies and trusts were seen as semi-legal illicit Caribbean hideaways; but since tighter international regulations have been enforced, this situation has now been consigned to history. Cyprus is an EU member state with over 40 double taxation treaties, so forming a company in Cyprus is as far removed as one could get from a questionable 'offshore' entity.
Incorporating a company in Cyprus can provide huge tax savings and asset protection quite legally; carrying all the benefits of an 'offshore' company, without any such negative connotations.
If properly set up and administered, a company incorporated in Cyprus can demonstrate a prestigious reputation, whilst still affording the owner a degree of anonymity. The benefits of our services are extensive:
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Exchange control does not apply to offshore companies based in Cyprus
- we ensure the company is properly set up to trade in different currencies
if desired. |
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The Cypriot legal system is based on the civil code of English law
and still retains many of those influences; our legal experience in
this regard is extensive. |
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The incorporation procedure is managed by us from the submission
of the Memorandum and Articles of Association to the Official Registrar
of Companies, together with guidance on the swearing of an affidavit
before a Cypriot Court and the payment of registration fees. |
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Off the shelf companies are also available to our clients. |
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Corporate documents are prepared in English and Greek |
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Incorporation can be complete and your company ready to trade within
only several business days. |
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Cypriot resident nominee directors, secretaries and Cypriot registered
offices available on request. |
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Office and business services available on request. |
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Anonymity of company ownership is available, only your offshore bank
account holder must be declared to the bank and confidentiality is
guaranteed from that source. |
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An initial share capital of only €1,000 (one thousand Euro) is sufficient
for an offshore company formation, with a minimum of two shareholders
required. |
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Annual financial statements and auditing can be prepared by our accountants
and auditors to comply with Cypriot legal requirements. |