Which solution will suit me for company setup?

[orangeye]

Im doing business as Internet marketer and wonder how I can pay less tax to make more profits:


Im considering the following:


Cyprus company with bank account in Cyprus


or


Cyprus company with Seychelles bank account


will I need to find a Trust to act as director or shareholder to achieve my needs?

 

[system32]

You will not need to form a trust but need nominees... I would recommend the Cyprus company + Cyprus company if you don't have anything to hide, if so, you will need a bank account outside of the EU.

 

[orangeye]

Seychelles company owning the Cyprus company will be enough?

 

[JohnLocke]

Yes that should be fine, again it depends on the individual case.. most have a Seychelles holding company and a Cyprus Trading company if privacy matters.

 

[orangeye]

what is required to get the Seychelles company own the Cyprus company?

 

[JohnLocke]

You simply need to register the Seychelles company with the Cyprus company as 100% shareholder, it is not difficult.

 

[orangeye]

I'm almost done with my long time research on the best solution for my needs. I will be intouch soon to incorporate a Seychelles company as per first step.