When opening a bank account in Cyprus with offshore company have to pay tax?

[plotoffshore]

Can you please confirm that if you open a bank account in Cyprus and which is opened for instant by a Belize, Seychelles or whatever offshore company then I have to pay tax in Cyprus? I don't hope it is the case, just spoke some agent who told me that you have to pay tax???

 

[JohnLocke]

No and NO, there is no tax to be paid in Cyprus if a Belize, Seychelles or any other offshore company opens a bank account with a bank in Cyprus. I'm not sure where you got this from, but the person you may have talked to is wrong.

 

[buzzoffshore]

Great questions and the answer works well for me I heard as well that a offshore company has to pay tax in Cyprus if they open an account with one of the major banks in Cyprus, I'm glad this information is wrong.

 

[protain]

There is no tax to be paid in Cyprus just because you bank there! Where do you come from? I have not seen any country in Europe that tax people just because they have a bank account there!

 

[plotoffshore]

I'm happy about the answer I was afraid that I had to pay tax in Cyprus. Thanks to you.

 

[Kaseyallan]

Yeah I'm afraid this information is false, I would be very interested to find out your source.

 

[cosmo]

No tax to be paid by anyone if they sign the tax excemption letter that will be provided to you when you open the account!! That's an important detail that everyone shall pay attention to.


Something that may interest you considering banking in Cyprus


http://www.bloomberg.com/news/articles/2014-11-11/davos-man-ackermann-lured-to-cyprus-bank-by-billionaires

 

[Rahul shetty]

if you open bank account in cyprus you have to pay tax despite who helped you in opening account. Period