|
1. Why use an International Business Company (IBC), Offshore Company or Tax Exempt Company?
With
correct advice an International Business Company (IBC), Offshore Company or
Tax Exempt Company can afford many significant and legal tax savings
throughout the world, providing individuals and companies with a
competitive advantage, whilst affording confidentiality and security and
perhaps even saving on future inheritance taxes.
However,
the exact benefits available to you and your company will depend greatly on
various factors. We therefore strongly recommend that you seek appropriate
professional advice before Forming a Company.
2.
Incorporation, Nominee & Management Services
We can
provide a full range of incorporation, domiciliation, company and trust management services
including:
-
company incorporation in Cyprus and other jurisdictions;
-
the
provision of a registered office address;
-
the
appointment of a company secretary together with notification of annuall
government duty payments, annual board meeting preparation etc;
-
The
provision of Nominee Director and Management Services.
For the
convenience of our clients we have created 3 levels of management service
specifically tailored to meet the legal and business requirements of most
offshore companies.
2.1 Basic
Company Management
This
service has primarily been designed for non-actively trading companies
holding intellectual or real property assets. As with all management options
it includes the provision of nominee directors together the use of limited
secretarial and administrative services due to the “passive” nature of the
activities involved, together with the fact that management and control
functions does not have to be proved.
2.2
Trading
Company Management
This
package includes the services listed for Basic Company Management but is
supported by a management agreement outlining what, how and when various
administrative and management functions should be carried out by the nominee
directors.
This
format has been created primarily to cater for the needs of international
computer consultancy firms, small to medium sized general firms or other
such entities that require (due to various anti-avoidance provisions) to
prove genuine external management and control.
2.3
Full Company Management
This
includes the full maintenance of company bank accounts, legal, accountancy,
management and administrative functions. This level of service is
recommended for medium to large activity companies specifically relying on
double taxation treaty provisions and/or where such companies are located in
jurisdictions that have well developed anti-avoidance provisions such as the
United Kingdom and the Republic of Ireland.
You can browse the subcategories in the left for further information
and also our Publications section concerning Company Law and Company registration in Cyprus and worldwide. If you have a query or wish to receive
further information, please contact
our Company Law Department at
company@cyadvocates.com
|