Posts Tagged ‘Offshore Company Formation’

Jun
11/09

Cyprus Bank Account, BVI Offshore Company and investments

Last Updated on Thursday, 11 June 2009 11:39
Written by Peter
Thursday, June 11th, 2009

Well while much has been told and many already know that a Offshore Company Formation for investments is the best business constellation you can have when investments of any nature are the purpose, then many don’t know what a Offshore Company is and how to setup a offshore company at all.

First you will need to figure out which offshore jurisdiction you want to incorporate, Belize, BVI, Cyprus and the Seychelles are the most common places for a Offshore Company Formation. To setup a offshore company in one of the mentioned regions are not difficult many of the professional Offshore Company Formation Service Agencies can help with it, however, it is important that you get a offshore company setup which is customized to your situation, which is different from client to client.

You will need to ensure which laws apply for you citizenship in the country of your residence, some countries have some very complicated tax and legal regulations where others almost not bother, the last applies only for a handful. Regardless of which of the mentioned countries you choose you will need to make sure that you are able to open a business bank account for the offshore company, failing to do so, will make it worthless to enter into a offshore company Formation.

Cyprus has one of the best banking infrastructures in the offshore jurisdictions you can find, furthermore they have a high level of banking secrecy, they are a member of the EU but retained the regulations in regards to banking secrecy, company formation regulations and much more.

You have several options available, however a Cyprus bank account can be opened by any company Worldwide as long as the company is duly incorporated and the beneficial owner can be identified.

When we suggest our clients to go for an offshore company formation, we often want it to be less complicated and therefore suggest Cyprus for the company formation and also the opening of the business bank account. Cyprus has two efficient ways to incorporate a company, first it can be registered as regular company which is subject to a corporate 15% Tax (which is the lowest tax in Europe) and then the most common registration as an IBC (International Business Company) both are very easy to form, only condition is that we know it first of, a IBC requires foreigners as shareholders and Director, this can be through nominee shareholders and directors, which give a 100% anonymity or it can be the beneficial owner itself, we recommend the nominee services.

The British Virgin Islands, Belize and Seychelles offer a 100% corporate tax free setup of the offshore company and can also be appointed with Nominee Shareholders and Directors, further, those companies can open business bank accounts in Cyprus as easy as an Cyprus Company can.

CCLOGIC LLC has specialized in the offshore company formation in, Belize, BVI, Cyprus and Seychelles, we have a many years of experience also with the formation of Offshore Trusts in Cyprus and Panama. Our large number of offshore banking for which we in many cases are official introducers for helps clients worldwide to archive the ultimate offshore company and banking setup.

Tags: company formation belize, cyprus bank, Cyprus trust, offshore banking, offshore bvi, offshore company, Offshore Company Formation, Offshore Company Formation, offshore Seychelles, offshore trust, Seychelles Company | Posted under Offshore Bank Account, Offshore Company Formation |

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Apr
06/09

Cyprus Company Formation as an IBC or Shelf Company

Last Updated on Monday, 6 April 2009 07:18
Written by Peter
Monday, April 6th, 2009

Cyprus Company Formation; When you consider to register a Cyprus Company, you should consider the following 3 options you will have available and to choose from.

A Cyprus Company Formation isn’t any difficult and the most questions we get asked daily by new clients are what a Ready-Made Company is? Also when I try to register the Cyprus Company online, I need to fill a lot of fields which I’m not aw Cyprus Company | Cyprus Company Formation are of what are about.

First, what is a Cyprus Company Formation?

When you decide to register a company in Cyprus it is a Cyprus company formation, and, can be done in 3 different ways.

Shelf Company / Ready-Made Company or also called Pre Registered Company. All 3 terms are covering the same topic, a Cyprus Company which is already registered by CCLOGIC.COM and which we offer for sale, this speeds up the process compared to a new Cyprus company registration, and only need a change of ownership done. This typically takes 5 – 7 days. It is also the most used service we offer.
New Registration of a Cyprus Company / Cyprus Company Formation, those two terms are covering the same, when you decide that you want a company in Cyprus and you wish to register it with a company name you decided, and, with yourself as beneficial owner and shareholder, then, it is the service you need from us. We offer Cyprus Company formation in as little as 7 – 14 days and it isn’t difficult.
IBC Company in Cyprus, a Cyprus International Business Company, two terms again which are covering the same, whether you go with an Cyprus company Formation or a Shelf Company (Ready-Made) Company, you can decide to register it as an International Business Company in Cyprus, this requires that the company has foreign Shareholder(s) and Director(s) which is a service you can buy from CCLOGIC (if you don’t want to be listed public at the companies house in Cyprus) or it can be yourself if you don’t live in Cyprus. The IBC Company will be subject to 0% TAX.

When you register your Cyprus Company Online, you will be asked some questions on our Online application, which sometimes can be difficult to answer, however, we suggest you to complete the application best possible and at least with your contact details, once we receive your application we will get in touch with you by e-mail or phone or even by some messenger service if available.

CCLOGIC.COM has specialized in different Offshore Services which covering Cyprus Company Formation, opening of Cyprus Bank Accounts and to apply for an Offshore Merchant Account with one of our partnered Acquiring Banks and Payment Processing partners. Furthermore CCLOGIC is an authorized introducer for several of the major Banks in Cyprus.

Read also our latest press releases : Cyprus company | Shelf Company in Cyprus

Tags: business in cyprus, Cyprus Company, ibc company, Offshore Company Formation, shelf company | Posted under Offshore Company Formation |

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Mar
23/09

Last Updated on Monday, 23 March 2009 09:48
Written by Peter
Monday, March 23rd, 2009

The financial marked has changed and you need to consider to increase your profit of your online sales for two reason, first due to the competition while more and more Online Shops and businesses will go and reduce their price structure you need to have competitive prices on your products and services too, secondly while many see a decrease of the products services sold you need to earn more on each item as before to survive.

By just lowering your prices you would in many cases easily drive more sales into your pocket but you will soon face that this also means you need to sell more to get the same out of it.

A simple calculation which we did for a new client was to consider to take the entire business Offshore for Instant in Cyprus, the payable TAX for international business companies is 0% TAX which means if you lower your pricing per item with let’s say 15% (which would be the TAX you had to pay if you continue as you do now) than you won’t lose any money by reducing the price on your products or services but will at the same time get very competitive towards the competition.

It is important to consider any possible aspect to increase the costs doing business and at the same time be able to reduce the price to serve the consumers which at the moment (due to the financial crisis) only hardly want to spend any money.

A marked survey which has been made in Europe show that we are all more willing to spend money even in this financial crisis, if we can get the product or services we need to a reduced price.

How can I register a Cyprus Company, should be the question you ask yourself now.

CCLOGIC LLC has been in the Offshore Company Formation for years now and been of great help for many of our clients worldwide, many fail on finding the right Agent which can help with this service and get the job done fast and secure, we register a Cyprus Company and can open a Cyprus Bank Account within 7 – 14 days and ensure that everything is incorporated properly with Apostille of Documents and Company Certificates.

The Cyprus Bank Account comes with an Advanced Internet Banking (e-Banking) and as multi currency account (USD, EUR, GBP) – Your Cyprus Company can be registered as anonymous company with nominee shareholders and directors or with yourself or your holding company as director. You have to pay a 0% TAX rate to the TAX Authorities in Cyprus and conduct business worldwide with your Cyprus Offshore Company setup. You have a 100% assets protection and no limitation at all; any business can incorporate in Cyprus.

CCLOGIG LLC is a official Introducer for the major Cyprus Banks and has been serving several hundred clients with the Cyprus Company Formation and opening of Bank Accounts but we can more, we have a bride knowledge about the hassle to accept credit card payments Online, we have partnered with several Acquiring Banks around the world to open Offshore Merchant Accounts and to provide secure and reliable credit card processing for your website.

CCLOGIC LLC is a All in One Financial Service Agent which goal is 100% satisfaction for our clients, contact us today and let us help you to be a successful business which is in front of the competition.

Tags: Cyprus Company, ibc bank account, ibc company, Offshore Bank Account, Offshore Bank Account, offshore company, Offshore Company Formation | Posted under Offshore Company Formation |

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Mar
17/09

TAX and Legal issues with your Cyprus Company.

Last Updated on Tuesday, 17 March 2009 10:42
Written by Peter
Tuesday, March 17th, 2009

It can be very overwhelming to get a picture of the TAX and Legal issues there might be when you register a Cyprus Company.

Some of the questions we often receive from clients interested in registering a Cyprus Company with us are the following:

Do my Cypriot Company has to pay TAX ?
Will the beneficial owners be subject to Double Tax treaties?
Which country will the dispute resolution are handled?

A few good questions which we will try to outline here and which we think is of high interest for many that consider to register a company in Cyprus and in any other offshore jurisdiction.

To the first question, then it is depending very much on how you go and register your Cyprus company, will you be using nominee shareholders and directors or will you use foreigners, or is it the beneficial owner which often is a foreigner that is going to be both the shareholder and director in this company.

By using local nominee shareholders and directors you Cyprus Company will be subject to 10% TAX of net profits! This can be of benefit if you are going and do local business for instant in Cyprus where you need the director of your company to be able to make business decisions on your behalf.

If you make use of foreign nominee shareholders and directors the Cyprus Company will not be subject to any TAX ( 0% TAX) this requires of course that all income of the Cyprus Company is coming from outside of Cyprus. This also applies if you as the beneficial owner and as foreigner is chosen as shareholder and director. The benefit of becoming a foreign nominee shareholder and director is that you can register the company anonymously and your name will not appear in the Cyprus public register of companies.

To the second question, it depends on if you country has a double taxation agreement with Cyprus, if so the beneficial owner is subject of tax in your home country. This is one of the reasons why many people choice to become the company anonymously.

The third question, this depends only on your company’s policy and which country you set forth to handle disputes in your legal documents and has nothing to do with the type of company you are going to register or which country it is. For instant even when your Company is registered in Cyprus you can choice to incorporate a term in your Terms and Conditions or business policies that a dispute is handle by the courts of the UK or US and that’s what apply then.

We advice all our clients to get in touch with their Lawyers/attorney and Advisors for an in depth explanation of above since this is the right place to ask such questions; it might be that other regulations applies which could benefit you.

If you are considering to take your company offshore we will be more than happy to help you, please contact CCLOGIC LLC today and let’s get things started.

Tags: Cyprus Company, cyprus company registration, Offshore Bank Account, Offshore Company Formation | Posted under Offshore Company Formation |

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Mar
09/09

Cyprus Offshore Company compared to other Offshore Company types.

Last Updated on Monday, 9 March 2009 09:52
Written by Peter
Monday, March 9th, 2009

What is the greatest benefit of registering or incorporated a Cyprus Company compared to any other offshore jurisdictions?

It depends very much on what you are going to use the Cyprus Company for, if you are conducting business on the Internet and seeking a reliable and trusted jurisdiction which is control body is within the European Union then and you need a reliable credit card processing solution then you will have a lot of benefits compared to any Caribbean jurisdiction.

One of the major benefits are that Cyprus is a member of the EU (European Union) it guards for stability (even in this financial crisis) and for protection of your assets and moneys.

Second but not less important, if you run an Online Business and you want to have the possibility to become a Merchant Account with an EU bank you will need to have an EU entity and which also is accepted by the banks. A Cyprus Company is accepted by all banks in Europe and at the same time offers you the same benefits of low to no TAX of net income, assets protection the possibility to anonymize your company or the beneficial owner.

What is a merchant account?
A merchant account is a “bank account” you need with a Acquiring bank that will offer you the possibility to accept credit card payments on your website, you can read much more about it on our blog which is covering this topic from A to Z.

What is a Offshore company?
An offshore company is a company which conducts business in an offshore jurisdiction and is mostly protected by government secrecy and assets protection. Most Offshore Companies are used as Holding Companies or as Shelf Company to get access to EU business.

Visit CCLOGIC LLC today and find out how we can incorporate your offshore company.

Tags: anonymous company incorporation, Cyprus Company, offshore company, Offshore Company Formation, Offshore Company in Cyprus, Online Offshore Bank Account | Posted under Offshore Company Formation |

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Jan
21/09

The major benefits of establishing an Offshore Company for instant in Cyprus!

Last Updated on Wednesday, 21 January 2009 03:14
Written by Peter
Wednesday, January 21st, 2009

Much have been said about Offshore Company Formation and especially company formation in Cyprus, we have been through the topics of assets protection, how to establish an Offshore Company for instant in Cyprus and Offshore companies in other countries.

While we try to give you in depth going information about the phenomena “offshore company” to prepare you for starting your own offshore company in all areas of the world and of course also for establishment of Cyprus Companies, then we decided to highlight a few things which we think are of interest for you and has some grade of importance.

It is a fact that you are able to hide and shielding assets from creditors and other claimants and that it is an efficient way to use an offshore corporation for this purpose, many will define this step as illegal and unethical, however this isn’t your problem, since to operate a offshore company is not illegal as long as you comply with the local regulations in the jurisdiction the company formation take place.

Some say “ Corporate vehicles can also be misused to hide and shield assets from creditors and other claimants, such as spouses, heirs, and tax authorities” Again true. And they continue

“ The obscurity provided by certain types of corporate vehicles can be exploited to conceal the existence or ownership of assets in order to keep them out of the reach of creditors and other claimants. In some bankruptcy cases involving individuals, for example, funds have been siphoned out of one jurisdiction through shelf companies and trusts incorporated in other jurisdictions where it was extremely difficult to trace beneficial ownership”

So you are good Sherlock and I think in many cases it is not ethical right to hide and protect your assets from other peoples, creditors or any claimants, however, there are circumstances in which I believe it is a great to use your offshore vehicle as for this purpose. I have seen some cases where a 100% legit company was driven by an entrepreneur and which only hardly got the thing to take off, so he decided to take in partners which was people from the big business, what they did, they cheated the a.. out of my

[...] Read the entire article at Cyprus Company Formation dot Net

Thank you for your reading and we hope to be able to serve you once in a while when you decide to register a Cyprus Offshore Company or need a Cyprus Bank Account or just want to Accept Credit Cards on your Website. Then please contact cclogic.com | Please also feel free to visit our Merchant Servise Discussion

Tags: bearer shares, Cyprus Company, cyprus company registration, Cyprus Offshore Company, offshore company, Offshore Company Formation | Posted under Offshore Company Formation |

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Jan
16/09

Mechanisms for Archiving Anonymity

Last Updated on Thursday, 15 January 2009 10:13
Written by Peter
Friday, January 16th, 2009

The ability to obscure identity is crucial for perpetrators desiring to commit illicit activity through the use of corporate vehicles. While Cyprus offshore companies and offshore companies in general provide some degree of “natural” anonymity to its beneficial owner, anonymity can be enhanced through the use of a variety of mechanisms, such as nominee shareholders and nominee directors. These mechanisms can be used to conceal the identity of the beneficial owners from the authorities.

With your Cyprus Company you are unable to conceal the identity of the beneficial owners from the authorities since they require the beneficial owner to be registered with their archives.

To avoid the registration of the beneficial owner, you can have another company for example in the seashells to be the owner of your Cyprus company, Seychelles offer 100% anonymity but limit your trading possibilities.

[..] Read more

For more information to open or register your Cyprus Offshore company please contact cclogic.com they have specialized them self in the fields of offshore company formation and offshore bank accounts together with different merchant services like merchant account and payment processing.

Tags: anonymous company in cyprus, anonymous company incorporation, anonymous incorporation, Cyprus Company, Offshore Company Formation | Posted under Offshore Company Formation |

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Posts Tagged ‘Offshore Company Formation’

Cyprus Company Formation; When you consider to register a Cyprus Company, you should consider the following 3 options you will have available and to choose from.

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