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Only US$199 |
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It may surprise you to learn that the number one reason for people moving money offshore is not because of tax benefits but asset protection. Today's predaceous and litigious society unfortunately makes successful people vulnerable to lawsuits of every kind.
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Why Choose Cyprus?
Today's version of the offshore business offers many more advantages to the businessman and investor than ever before. A large number of favorable factors have made Cyprus perhaps the most attractive place in the world for the registration of offshore entities. The general geographical, political and business environment and supporting facilities, in conjunction with the tax incentives and concessions available to offshore entities, not to mention the liberal and constructive approach of the government authorities, are among the reasons which have attracted more than 275,000 offshore businesses to Cyprus. The major fiscal incentives offered to offshore enterprises are as follows: | 
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More advantages about Cyprus
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TYPES OF OFFSHORE COMPANY ACTIVITIES
An offshore company in Cyprus may perform a wide range of activities the most common of which are set out below.
Business environment advantages: Trading companies Such companies encompass a wide range of uses, particularly in association with trading activities in the region. The numerous offshore trading companies in Cyprus used by persons and entities of various nationalities indicate the wide usage of this type of company. Such companies can be used for the re-invoicing of goods and services from any country to any destination and also for transit trade activities in combination with the operation of bonded warehouses .
Headquarter companies: The conditions and facilities offered in Cyprus are ideal for the location of regional management and administrative centers of multinational companies throughout the world with interests in the Middle East, North Africa and Eastern Europe.
Holding and investment companies: An offshore holding company can be the parent of other Cyprus registered offshore companies as well as for companies registered abroad. Such a company is a useful tool when a number of investors are participating in offshore Cyprus companies or when overseas registered companies wish to control their investments through a holding company. In conjunction with the nil or low withholding tax rates on interests and dividends provided for in Cyprus double tax treaties, such companies can be advantageously used to extract income from treaty countries.
Professional service companies: Such companies provide services by engineers, architects, quantity surveyors etc. and for consultancy, sales promotion, accounting functions, provision of labor etc. carried out in the Middle East, Africa and Eastern Europe.The off shore company established in Cyprus providing these services may employ expatriate staff, who benefit from double tax treaty provisions, thus paying income tax in Cyprus at low rates and avoiding the high tax rates in their country of origin.
Construction and engineering companies: Cyprus with its numerous double tax treaties has become a prime location for the setting up of offshore construction and engineering companies with projects in treaty countries. Foreign contracts in treaty countries by Cyprus offshore construction and engineering companies may thus avoid paying tax in the contract country provided the project does not exceed the duration specified in the respective tax treaty and be subjected to the favorable tax treatment on these profits in Cyprus.
Finance companies: The establishment of such companies allows them to take advantage of the Cyprus double tax treaties by providing loans in treaty countries or other countries where there is low or nil withholding tax on interest.
Royalty companies: In conjunction with the nil or 5 per cent withholding tax provided for in the Cyprus double tax treaties, the establishment of offshore Cyprus royalty companies is extremely advantageous.
Trusts and fund management companies: Such companies may be set up for the management of trusts, pension funds and investments and can benefit from the facilities and high standard of services available in Cyprus.The income of an offshore trust is not taxable in Cyprus and the beneficial owners remain anonymous.
Printing and publishing companies: Cyprus offers the ideal location for the establishment of offshore companies involved in publishing, printing and distribution due to the benefits derived from low-cost, high quality printing services and its highly developed telecommunications system, in conjunction with the tax incentives offered
Real estate companies: Such companies are used extensively and beneficially for investments and dealings in property, particularly in conjunction with the Cyprus double tax treaties. Specifically, they are beneficial for real estate investments in Sweden, Denmark, France, the UK and all East European countries.
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Shipping and shipping management companies:
Due to its location and other advantages listed below, Cyprus has developed into a maritime center.
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Captive and general insurance companies: Such companies located in Cyprus benefit from the special insurance law exemptions (a certain amount of control and supervision is maintained for the protection of the interested parties), quick registration procedures, low-cost, availability of local expertise, and the tax incentives offered. These advantages make Cyprus a very attractive proposition for the establishment of captive and general insurance companies.
Offshore Banking Units (OBUs): Cyprus is a preferred location for the establishment of OBUs who benefit from the facilities and business environment available.The fact that there are already a large number of OBUs in Cyprus and more are expected, verifies this preference.
Cyprus offers a simplified licensing procedure, flexible regulatory framework, no restriction on repatriation of profits, banking secrecy and the maintenance of numbered accounts. Also, OBUs are excluded from certain Central Bank regulations such as the maintenance of formal liquidity ratios, reserves with the Central Bank and certain capital ratios.
The Central Bank approval for the setting up of OBUs in Cyprus is given to foreign banks who come under adequate banking supervision in their home country.
The benefits accruing to offshore companies and their employees are also enjoyed by the OBU s. Additionally, on obtaining the relevant permit, an OBU can transact business both onshore and offshore without losing its overall offshore status.
Offshore companies limited by guarantee: The establishment of such companies is useful for non-profit making organizations and for tax planning purposes in certain circumstances.
Offshore partnerships: Offshore partnerships enjoy all the benefits accruing to offshore companies and additionally the profits of a partnership are not taxable. However, despite this added advantage, very few offshore partnerships have been set-up due to the fact that the partners in an offshore partnership face unlimited liability .
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| Type of Company | Exempt |
| Political Stability | Excellent |
| Common or Civil Law | Common |
| Disclosure of Beneficial Owner | No |
| Migration of Domicile Permitted | Yes |
| Tax on Offshore Profits | 4.25% |
| Language of Name | Latin or other alphabet |
| Minimum Number of Shareholders | One |
| Minimum Number of Directors | One |
| Bearer Shares Allowed | Yes |
| Corporate Directors Permitted | Yes |
| Company Secretary Required | Yes |
| Standard Authorized Share Capital | CYP 1,000 |
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| Registered Office/Agent | Yes |
| Company Secretary | Yes |
| Local Directors | No |
| Local Meetings | No |
| Government Register of Directors | No |
| Government Register of Shareholders | No |
| Annual Return | No |
| Submit Accounts | No |
| Minimum Annual Tax/License Fee | CYP 70 |
| Annual Return Filing Fee | CYP 7 |
Mailing, Fax, Telephone And Office Facilities: As part of the domiciliary service fee we provide clients with a registered office address in the country of incorporation but clients may find it convenient to arrange for mail forwarding, fax and telephone facilities through our Switzerland, Cayman Islands, London or other British Capital Group's world-wide offices. This service may be especially useful where, for example, the company is opening bank accounts. Normally the bank would address statements and other correspondence to the company at the address of the client but this results in a loss of confidentiality in that the connection between the company name and the client will be automatically made.
To safeguard against this mail can be directed to our offices and we can re-mail those letters in a plain envelope addressed to the client or otherwise as the client directs. An additional advantage of using our re-mailing services is that the provision of a re-mailing address through one of our prestigiously located offices in the onshore jurisdictions may allow the offshore company to appear to be domiciled on-shore and thereby give that company an added degree if respectability.
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For example, your offshore company could quote British Capital Group London office address on its letterhead and thereby appear to be domiciled in the UK. This procedure is particularly attractive if the Hong Kong address is used as a Hong Kong company is not required to quote its registered office address on its letterhead. Thus if an offshore company were to quote a Hong Kong address it would be indistinguishable from the letterhead, from a normal Hong Kong trading company.The charge for this service is only $275 per annum.
Trust Services: Using a trust to own the shares of an offshore company can result in very substantial tax and non-tax related advantages which will accrue both on death and during the lifetime of the trust settler. These advantages may include: Saving Of Inheritance Tax: On death, the Inheritance tax which would normally be assessed on the value of shares would generally be eradicated. Asset Protection: Assets placed into trust are generally beyond the reach of creditors who might arise as a result of financial difficulties, divorce proceedings, litigation, etc. Avoidance Of Probate: A trust provides a means whereby assets can be smoothly passed on to the next generation without the disruption, delays substantial costs, loss of confidentiality associated with the probate procedure which necessarily follows when assets are bequeathed by will. Continuity: Trusts provide a means whereby assets can continue to be administered in accordance with the wishes of the settlor after his death so the weak can be protected from others and the spend-thrift can be protected from himself. Lifetime Tax Savings: During lifetime, substantial income and capital gains tax advantages may result from setting up the trust. Using the service of one of our licensed trust companies, we are pleased to act as trustee for a suitably drafted discretionary trust and the cost of this service would be from US$500 for setting up the trust deed and from US$500 per annum for the provision of trustee services. |
Offshore; Your Road To Success 
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Other Services:
British Capital Group provides a wide range of administrative and documentary services including, but not limited to legalization and notarizing of documents, credit cards, yacht and ship registration, invoicing, documentary trade services, trade finance applications, accounting, consulting and immigration services.
VIP Package: For one payment US$599 British Capital Group will provide the following:
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Cyprus; The Ancient Jurisdiction 
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Confused?
The average person is frequently confused by the complexity of international tax planning and discouraged by the substantial costs involved in an offshore company formation or registering of a bank or trust in a tax haven. The registration costs and ongoing yearly administration expenses frequently exceed what the average person could save in taxes. British Capital Group has a new program to answer those concerns. We provide the simple, secure, private and low cost answer for the person who is just starting out or the veteran who now understands that simplicity is the essence of genius. Our survey has shown that this solution answers all of the needs for 100% of the persons seeking to go offshore. |
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The program includes bearer shares so that complete anonymity is guaranteed, documentation and support services so that you can open a financial account under your complete control, where and when you wish, and flexibility so that you can change your financial affairs to reflect your future needs.
We trust that we have clarified the intriguing world of Cypriot Offshore Company Incorporation Programs. We will be happy to answer any questions you may have, relating to this opportunity and provide you with additional details regarding any of our devoted services.
Please click here to write us the full particulars of your situation and what you wish to accomplish. We will review your situation very carefully and offer to you a custom fitted solution. 95% of the time it will be simple to understand and 100% of the time it will be the least expensive alternative.
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If you would like to obtain further details of the legislation
surrounding the formation of a Cypriot Offshore International Business Company or wish to discuss any matter in complete confidence, please
click here
to contact: Mr. Robert Haig British Capital Group Offshore Services |
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| Thank you for your interest and feel free to contact British Capital Group Offshore Services if you believe the formation of an international business company in Cyprus may be appropriate in your particular situation. Any communication with us is considered PRIVILEGED and CONFIDENTIAL. |
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British Capital Group is in a position to assist new and established clients in opening personal and corporate offshore bank or trust accounts, denominated in almost every currency, in over 125 of offshore jurisdictions world-wide, including:
New Zealand, Australia, Chile, The Dominican Republic, Ireland, Argentina, Belize, Brazil, Spain, Italy, Costa Rica, Venezuela, Uruguay, Prague, Bodrum, The Spanish-Moroccan Tax Havens, The Madeira Tax Haven of Portugal, The Jamaican Free Trade Zones, The Dominican Republic Free Trade Zones, Campione D'Italia, Andorra, Poland, The Eastern Turkish Border and Tbilisi, Mozambique, Guatemala, The Virgin Islands, The Philippine Islands, and Anguilla are just some of the countries and places featured.
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There is only one British Capital Group. Our scope, financial strength, balance, depth of talent and integrity have made us our clients' trusted global advisor. |  |
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