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EmiratesSetup
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EmiratesSetup

Cyprus company + Cyprus bank account how and where?

#2
I have been using offshorecorpgroup several times for my setups. They are pretty responsive and have been working fine for me.

You can register the company non resident so you won't have to pay any tax!
 
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#3
You may setup a company non-resident as @negon already said. You want to take into consideration that you can't make use of any double tax treaty if you do so but with the right setup you were able to avoid to pay corporate tax. Don't be confused, you still have to pay personal income tax from the money that hit your account.
 
#5
GrumpyMess said:
Personal or corporate?
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personal tax apply! I have been working with non resident cyprus companies for a long time and din't faced issues yet. I pay my local tax and let my accountant take care of the filing of the tax report, as said, never heard a single word.

GrumpyMess said:
If the country has no cfc laws and I don't extract the dividents have I to pay something?
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if you keep the money in the company's bank account you should be fine, but I would not rest assured on that, consult a local tax advisor and get proper advise there.
 
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#6
negon said:
personal tax apply! I have been working with non resident cyprus companies for a long time and din't faced issues yet. I pay my local tax and let my accountant take care of the filing of the tax report, as said, never heard a single word.
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Can you say what country you live in? I'm in Germany so I will need to find a tax consultant locally you advise @negon ?
 
#7
negon said:
I have been using offshorecorpgroup several times for my setups. They are pretty responsive and have been working fine for me.

You can register the company non resident so you won't have to pay any tax!
Click to expand...

Are offshorecorpgroup 100 % legit? Do i have to visit the bank in Cyprus?

I saw that they were offering both Corporate + bank account + Paypal in a package-deal. This is basically all that i need, and the price is acceptable for me. I just don't want to get scammed.

PS. Going to Nicosia tomorrow!!smi(&%

Sincerely,
Sebastian
 
#8
If they were a scam they wouldn't be allowed to advertise here, make sure you don't play any funny games with them and you will be good.

We had some people here before that called them a scam, where it went out that they either sold child porn, had provided them with fake passports or otherwise tried to play games, that's why they had problems to get anything done!

Personally, had no issues with them at all!

This thread shall not turn into a thread about offshorecorpgroup, so please get back to topic!
 
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#9
OP do you still own the Cyprus company with working bank account?
 
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#14
brownham said:
I want the Cyprus company and the Cyprus bank account. I don't want to pay corporate tax if I can avoid it. Can you some tell me how I can do this fast and uncomplicated?

What is the price for a complete setup and what company can help me to setup the company in Cyprus?
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Im from Pakistan and working with usa companies. Wants to create a PayPal account but first i need an offshore company. Anyone can help?
 
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