Thursday 20 July 2017
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Offshore Services Cyprus

Cyprus Offshore services provide operations on a departmental basis, covering nearly all the accounting and law aspects and maintaining specialized lawyers in their own expertise.

They provide comprehensive advice and guidance regarding legal, financial and taxation issues. It can facilitate the implementation of business projects according to commercial needs. Their international capabilities are enhanced by the alliance with leading European law firms and lawyer networks across Europe, with whom they co-operates to implement major cross-border matters as regards to offshore services Cyprus.

It’s a matter of pride due to high professional standards that are advocated delivering for more than 10 years litigation and all the spectrum of corporate services that satisfy the needs of clients, their goals and objectives and successfully maximize their benefits.

Furthermore, a number of specialists such as Accountants, Business Consultants, Economists, Tax Consultants specializing in the provision of consultancy, management and administrative services to individuals and both domestic and international organizations are involved. No doubt a true mouthful for even the neediest business or organization on the subject of offshore services Cyprus.


Offshore company


Cyprus specialist agencies focus on offshore company formations and offshore banking services. All Cyprus offshore companies under EU jurisdictions are catered for at the Business Centrum. Cyprus is a very popular destination for offshore companies just like Gibraltar, Virgin Islands.

An Offshore Finance Company (OFC) can offer banking services to all kinds of corporations worldwide and with very few limits. From all aspects of Cyprus offshore companies, spring services, including offshore company formations, offshore nominee services and virtual offices, BC Business Centrum can provide a fast and efficient service in order to meet your overseas and offshore requirements.

There are minimal taxes linked with registering an offshore company in Cyprus and it doesn't depend on the type of service or the capacity of business. Equally, it is not required to be present at the offshore company at the place of registration - as a photo and documentation is more than enough to get a certification.


International Business Company


The generally freedom to start, operate, and close a business is comparatively well protected by the national regulatory environment. Establishing a business is relatively easy. Regulations have been smooth, administrative procedures have been simplified, and regulations affecting business are clear and consistently applied. Cyprus has been following policies designed to support a favorable business environment and private initiative.

Cyprus’s trade policy is European Unions policy, where non non-tariff barriers reflected contains agricultural and manufacturing financial support, market access restrictions in some service sectors,  import boundaries for some goods and services, non-transparent and restrictive regulations and standards, and inconsistent customs administration across EU members.

An International Business Company can either be resident in Cyprus which presumes that its management and control is in Cyprus or it can be non-resident which means that  its management and control is outside Cyprus.

Further an IBC can either operate from a fully-featured office with permission to occupy expatriate personnel or it can have its registered office at the office of a local accountant or lawyer.

Whatever the type of an International Business Company is, the application process is mainly the same.

The basic steps and information required for the formation of an International Business Company are summarized below:
Firstly, you have to present the proposed company names to the Registrar of Companies for approval. This generally takes 2-4 days.  Once you get hold of approval for the company name, you have to prepare the memorandum and articles of association of the company and put them forward for registration to the Registrar of Companies.

The memorandum must contain a brief description of the main activities of the company.  There must be a minimum of one shareholder. If anonymity is required, the shares may be held by a nominee or trustee.  There must be at least one director who may be foreign or local. It is also required to appoint a company secretary and a registered office address in Cyprus. If everything goes as planned the registration procedure for an International Business Company can usually be completed within a period of eight working days.


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