Cyprus company with 5 owners, possible?

[biskoffshore]

I know how we can split the shares in a Cyprus company so we can get a fair split of the company. However, what I'm looking information about is a setup where 3 real persons and 2 holding companies are owners of the company in Cyprus. Is this different from real persons and companies or the same way to do it?

 

[JohnLocke]

You can do it exactly as you describe it and as you want. There is no different if it is a person or corporation who is holding the shares of a Cyprus company or any other offshore company. You can even mix it as you want. There may be tax reasons and asset protection reasons for why it is better to have a Holding company / corporation to hold the shares rather than a person to own them.

 

[biskoffshore]

Okay, thank you Admin for your help. We will work around a structure like this for our setup.

 

[JohnLocke]

Okay' date=' thank you Admin for your help. We will work around a structure like this for our setup.[/quote']
It isn't really dififuclt to getthis sorted out. You just need to have all contact details of the beneficial owners for the Cyprus company and you are good to go.

 

[biskoffshore]

We have all this already and submitting this to you today, now we are excided to get the ball rolling.

 

[Spinat]

You can have as many shareholders and owners as you want appointed to a Cyprus company.

 

[poulaCo]

Will the costs to establish the company be the same regardless the number of shareholders?

 

[TomEthi]

Will the costs to establish the company be the same regardless the number of shareholders?

I would like to know the answer to this too. If I understand correctly, other companies will charge you a fee for each individual opening an offshore company such as this. While I hope this isn't the case with C, it won't put me off from applying here. It would be a little bothersome, but no big worries.

 

[JohnLocke]

Will the costs to establish the company be the same regardless the number of shareholders?

Yes it will be the same, just make sure that you send the list of all shareholders together with your application for the company registration!

 

[lavel]

Only when you make changes later on you will have to pay for it!

 

[alain]

You can have as many owners as you like. We are 2 owners of the company.

 

[JohnLocke]

You can have as many owners as you like. We are 2 owners of the company.

Indeed, usually it's not a problem at at all to have 2 or more shareholders / owners of a company.

 

[lavel]

No problems do have several owners for a company so for a Cyprus company. Each time you change something you just need to understand that it costs money.

 

[cnpeurope]

It depends on what you change... if you need new documents or it requires changes by the company registrar it will cost you money!

 

[alain]

Usually a simple ownership change or add / remove owners don't cost you anything. Only if new incorporation documents are required it starts costing you something.

 

[JohnLocke]

Usually a simple ownership change or add / remove owners don't cost you anything. Only if new incorporation documents are required it starts costing you something.

Depends, actually if you need new documents then it will cost you some fee. Also depending on what changes you want it can cost some money as well.

 

[cosmo]

We are 10 shareholders no issues at all. Dealed fine with the changes we do from time to time.

 

[biskoffshore]

We are 10 shareholders no issues at all. Dealed fine with the changes we do from time to time.

Thanks for your comment puha, sorted it all out wasn't really an issue after all.

 

[cosmo]

Thanks for your comment puha, sorted it all out wasn't really an issue after all.

Did you get it setup in Cyprus?

 

[Rahul shetty]

To be honest I don't know much about this topic. But you better try to contact Bank operater