Cyprus company formation for Holding company, advice please?

[bestman]

Can someone please advise why it is beneficial to have a Cyprus HOLDING company? I just got informed that this can save taxes and protect privacy?


Please any help or suggestions is highly appreciated

 

[JohnLocke]

The reasons are many, however, you will need to be more specific to what set up you are looking into. Generally a Cyprus Holding company can be used to lower the entire business structure's tax and for asset protection purpose. Furthermore there is no tax on dividend paid to a Cyprus Holding company.

 

[Safa]

Best I ever did. I hold a Cyprus holding company which again holds a UK limited company now I ended to pay no tax at all!!! Whoa !! I must say Im not a UK resident but still a EU citizens.

 

[bestman]

I figured out how it can help to reduce my tax problems talk to you soon Admin.

 

[Bekiz]

Best I ever did. I hold a Cyprus holding company which again holds a UK limited company now I ended to pay no tax at all!!! Whoa !! I must say Im not a UK resident but still a EU citizens.

can you share with community how did you manage to do it? and what is your business?

 

[Safa]

can you share with community how did you manage to do it? and what is your business?

You can PM me for more information I don't gonna share this here on the forum because it works for me and this should stay that way.


Otherwise ask the CCLOGIC team as I did! they will be able to help you.

 

[Bekiz]

You can PM me for more information I don't gonna share this here on the forum because it works for me and this should stay that way.
Otherwise ask the CCLOGIC team as I did! they will be able to help you.

Hi Safa,


Unfortunately I cannot send PM - this function is not working. Can you PM me or send an e-mail <>?


Thanks

 

[bestman]

Dividend can be moved from the Cyprus holding to for instant a Seychelles holding this amount is not taxed, further you can make loans in the Seychelles or Cyprus company which are as well not taxed... great benefits, we can't do the same with a UK or other European company So it is great news that it is possible to do so with a company in the Seychelles or Cyprus.

 

[JohnLocke]

Dividend can be moved from the Cyprus holding to for instant a Seychelles holding this amount is not taxed, further you can make loans in the Seychelles or Cyprus company which are as well not taxed... great benefits, we can't do the same with a UK or other European company So it is great news that it is possible to do so with a company in the Seychelles or Cyprus.

True... just be aware that if the company isn't registered offshore and has appointed nominees there could be complications with local tax authorities.