Recent content by eddison

Thank you for replying. I prefer to pay tax, as 10 or 12% is fair. Also, being legal means I catch more sleep !! There was a danger that Ireland would agree to raise corporation tax in return for lower interest rate on bailout fund. But now it looks like Ireland is set, in not...

Hello, The Title describes my query, but beside the obvious difference of 12% corporate tax in Ireland and 10% in Cyprus, what other advantages does Cyprus have? Thank you.

Isn't it a matter of time before international pressure will force Seychelles to relinquish some of its status. What I mean is as Seychelles becomes more prosperous, the pressure will grow to sign more tax agreements and so on. As Seychelles grows wealthier, they will not need to all this...

Right, Say I wish to pay tax of 10% to Cyprus. and set up a legal company, but I reside in the U.K. You're saying that I would need a non E.U. entity like a Seychelles company to be the nominee director, of a Cyprus company. Then I would be a shareholder? But would I not need a natural director...

Ok, So say I am director of company, which is a Cyprus company. Then this company becomes a nominee director (corporate company) of another company to take advantage of low tax, right? Now if I live in say U.K. for instance, I am not liable for any tax, unless I am paid dividends by the...

Hi Fliba, Ok you are way ahead of me here! could you explain what you mean in the above sentence please? How is Mauritius tax only 3%? thank you

Thanks very much for taking the time to reply ! Personally, I would prefer to pay 10% than nothing. That's because paying 10% may be the cheapest in the long run :)

Nice post..Thats what i am looking for. But is it easy to conduct business from Cyprus? I know it depends on the business, but say it is royalties, or consultancy work, the cyprus company invoices for consultancy work for instance? Or say I have sold the rights to an invention for a large lump...

Hi guys, New to the forum, and its great! its interesting to learn about business in many fields. Re: the poll? doesn't the agent who formed the corporation in Seychelles have to maintain records as to who the owners of the shares of the corporation are including transfers and their address...