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Recent content by Chris K

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    Breder Suasso

    Now that i know what they are and how they work i won't be using them again. An accountant had introduced them to us and said they are very good etc etc Hence my post here to warn other people to stay away.
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    Does Cyprus company paying tax on royalties?

    Regarding Royalty income in Cyprus: You get an 80% tax exemption. Here is an example to help you understand how it works: The tax on royalty income is as follows: Let's say we have a total of €100...
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    Cyprus Trust formation anyone?

    There are various types of trusts depending on what you need and what you want to do with the trust assets. Discretionary trusts are generally more favorable because the beneficiaries are not disclosed. Law firms and service providers are usually licensed to provide the services of the trustee.
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    Breder Suasso

    Hi Auric, of course we are licensed. I don't think the problem has to do with licenses etc Clients are transferring money to us and Breder sends it back after deducting their fees of course. We are attempting to do a transfer from our account to another and again they reject the order and return...
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    Breder Suasso

    Hello to everyone, i have just stumbled across this thread by doing a google search on Breder Suasso. I am a barrister at law and we have a corporate account of my law firm at Breder. Just a warning to all of you who are considering opening an account there and doing business with them. DON'T do...