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Benefits of owning an offshore company in Cyprus
A ready-made offshore company with a bank account in Cyprus is the most logical option for low-tax jurisdiction and leads to a direct increase in profits.
An undeniable advantage of a company registered in Cyprus is an access to the EU market with a very loyal attitude to business: corporate tax rate is 12.5% and VAT rate is 19% — one of the lowest European tax rates. In addition, the ownership of an offshore entitles you to accelerate the acquisition of EU citizenship (within 4-5 months) and visa-free visits to more than 150 countries. Cyprus adheres to the principle of non-interference in confidential materials of companies.
Setting up a Cyprus offshore company services
Protey Consulting Group provides services of purchase and setting up companies and opening current accounts in offshore zones.
To buy a ready-made offshore
The cost of a ready-made company is roughly equal to the price for setting up a new company + agency fee.
Documents provided to the client acquiring a ready-made company:
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Original of Registration Certificate + apostilled copy
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Original of the Charter (Articles of Association) + apostilled copy
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Original of the Memorandum of Association + apostilled copy
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Decision on the appointment of a single director
- Resolution on the issue of share certificates
Documents and information necessary in order to open a company in offshore:
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Passports of the beneficiaries, shareholders, and directors (the documents of the latter are provided if the client does not use the nominee service)
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Letter of recommendation from a bank
- Afull description of the scope of activities of the company
- Utility bill (any utility bill that confirms the actual address of residence)
For extensive advice on issues related to the purchase or opening of a company in Cyprus, contact PCG. Prompt and competent solution of your issues is guaranteed.
Services for Business
- Protey Consulting Group will conduct qualitative assessment and present heir suggestions considering the tax burden lowering of Your enterprise.
- Our qualified employees have a great experience and extensive practice implementing the decisions of development and automation of accounting process.
- Our specialists will help and advise You of any issues relating to the provision of registered office, nominee directors, shareholders, secretaries, etc.
- The crisis affects one country after another and one of the most sought-after ways is not just to save Your savings, but also to multiply them – investing in real estate.
- Protey Consulting Group company offers the opportunity of obtaining a second citizenship and permanent residency in such countries as Cyprus and Malta.
We provide our services in the following jurisdictions:
Registered No. HE372354
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