not again.....before asking do you never see which have been asked previously in the forum or not?
anyways i'll tell you When
registering a company in Cyprus it is important to know that there are two types of nominee services, the local Cypriot nominee’s and the foreign nominees, the difference are that if a foreign nominee service is used the company can be registered as IBC (International Business Company) which is subject to core tax and:
A Cyprus
Company Formation with Cypriot nominee shareholder and directors pay regular 10% tax.
A
Cyprus company Formation with Foreign nominee shareholder and director is subject to cero tax.
A Cyprus Company can always open a
bank account in Cyprus also if the shareholders and director are foreigners.
With a Cyprus Company you can register anonymously and your
privacy and assets are secured.
A Cyprus Company can register a company in another
offshore jurisdiction and is often in that way housed as a Holding Company.