Offshore Company, Shelf Company and IBC Company, what!

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The title says it all, this article will quickly explain what the different are between a Offshore Company, Shelf Company and IBC (International Business Company).

Offshore Company:
A offshore company is simply a company registered in an Offshore Jurisdiction and which is subject to only little to no tax and which has many opportunities to increase profits and for a proper assets protection.

Shelf Company or Ready-Made Company:
This isn’t any different than any other company registration, it simply means that you buy a already incorporated company in the jurisdiction of where you want to conduct business. A shelf company is often faster to start trading with and in some cases where the incorporation speed is essential a good way to cut down the time frame it normally takes. A Shelf Company in as an Offshore Company often also gives you a lot of other possibilities like anonymity and subject for 0% Tax.

IBC or International Business Company:
An IBC  is a company which is registered in an offshore jurisdiction and often also just a simple offshore company for instant a company in Cyprus. When a company gets the status to become an International business company, then it has in many parts of the world the status of a cero percentage of TaX but it is also not allowed to conduct business within the jurisdiction of incorporation. That mean if you register an IBC for instant in Cyprus, you can’t make any business within Cyprus, the IBC can only make business with others outside of Cyprus. This doesn’t mean that your IBC never is able to do business within the same jurisdiction but if it do, they are subject to TAX and will (in some cases) not be treated as an International Business Company any longer.

Does that mean that I can become an Offshore International Business Company and as an Shelf Company?

Yes you can buy a IBC, which again means that you will make use of an Shelf Company which is already registered as an International Business company, and if you go and do that in an Offshore jurisdiction like Cyprus, you will become a Shelf Company which is an International Business Company and at the same time a Offshore Company.

CCLOGIC LLC has a lot of offshore services available and always about 10 Shelf Companies registered. We can help with the opening of Cyprus Offshore Bank Accounts and the opening of Offshore Merchant Accounts. To read more, please visit our website or contact us, we are always more than happy to hear from you.

Cyprus Company Formation as an IBC or Shelf Company

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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 awCyprus Company | Cyprus Company Formationare 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.

  1. 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.
  2. 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.
  3. 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