Whats different - Cyprus Trading and Holding company?

[pesto]

What is the difference in Cyprus trading and holding company?


I want a holding company to make business online and hold my websites, so it is a holding company I need:s-confused:

 

[JohnLocke]

Well it is one and the same company and process to set up the Seychelles company.. Just because you want the company to own the websites does not make it a Holding company but rather a Trading company.


A Holding company is most often called "holding" because it holds shares in other companies!


Hope it helps, feel free for anyone else to go into further details

 

[pesto]

But why is it called holding company then? Is it because the holding company has other privileges compared to a trading or what is it?

 

[system32]

This is a boring thread :cry: please visit wikipedia Holding company - Wikipedia, the free encyclopedia to learn about what a holding company is!

 

[pesto]

Thank you!


Cheersmg: