Russia seek help to incorporate company in Cyprus.

[naomi]

Hi,


I'm from Russia, we are looking for company in Cyprus for tax benefits mainly! I don't care of any privacy but need a stable offshore country to establish my business which is mainly private investment. Cyprus I know so I'm wondering what other offshore country there are?

 

[JohnLocke]

Mos clients from Russia are going for a company in Cyprus because of the (you already mentioned it) great tax benefits. Russia and Cyprus have as well DTA's in place which can be beneficial for Investors or Investment companies in Russia making use of a Cyprus Holding or Trading company.

 

[naomi]

What are the exact benefits?

 

[forcet]

Look into the DTA's Russia has with Cyprus, you may structure your company so you have to pay tax in Cyprus (0% for investments) to avoid to pay it in Russia.

 

[JohnLocke]

Some benefits are the anonymity and tax regulations in Cyprus, also Cyprus has a DTA with the Seychelles which makes it even more interesting if you are doing business not just in Europe but as well in Asia.