Benefits
Cypriot holding companies are particularly attractive for international tax optimization, specifically combined with the many double taxation agreements Cyprus has entered into.
These benefits apply when the company has an established business in Cyprus. This means that the daily running of the company has to take place in Cyprus and a ‘local director solution’ is advisable. The local director will be the contact person for the local authorities and will submit Annual Returns to the authorities.
It is important to stress that the local director only works on the instructions of the beneficial owners, and only on the tasks that have been agreed. In most cases the beneficial owners wish to be the only ones with access to bank accounts.
Offshore Banking
ANGLO will assist with the opening of a confidential bank account. The process takes 3-4 weeks depending on which bank is chosen. Debit and Credit cards facilities can be arranged and the account will have access to online banking.
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| Pricelist and fees Available on request |
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Call Anglo on: +44 (0) 1473 249 024 |
