- Free remittance of profits
- Access to top-rated jurisdictions
- Security of property rights
- Accessing low cost areas
- Access to tax treaties
- Banking privacy
- Availability of offshore experts
- Access to foreign insurance
- Customs and duty exemptions
- Exchange convertibility
- Enhanced privacy
When you decide on offshore incorporation, you need to complete the on-line questionnaire form. While you are filling this uncomplicated form, you will find a wide range of investment, offshore business and offshore checking accounts along with other offshore services from which you can choose, to add to your offshore formation package.
We will provide you with an easy and low cost offshore incorporation and help to protect your assets and enjoy offshore banking.
Offshore Company Formation
Registration of Companies in Cyprus:
Our law firm register all kind of companies in Cyprus including public and investing companies . Cyprus is a favourite destination for international companies because the tax is very low only 10% and also Cyprus has entered in 33 double tax treaties with other counties to avoid double taxation. The general effect of these treaties is that Cyprus registered offshore entities that have tax exemptions in Cyprus will have the same exemptions with the treaties countries.
Company Formation Worldwide
Danos Law firm is offering company formation services in various countries all over the world such as: British Virgin Island (BVI), Seychelles, Belize, Panama, Anguilla, USA Delaware, Costa Rica and many others. There are many advantages coming from setting up offshore companies. Among them there is very low rate tax or no taxation at all, preservation of confidentiality of the beneficial owner of the company, low costs of operations, nominee services through lawyers, no accounting requirements, legal and asset protection or limited liability without any paid up capital requirement.
The place we recommend especially for company formation is the Seychelles because of the stable legislation combined with solid government with free registration in 24 hours. Companies founded on the Seychelles are exempt from any local taxes (except small fixed annual fees) and are allowed to have clients, employees, contractors and directors from any country.
Our firm offers not only services of the formation of a company but we also provide additional services such us Nominee Directors, Nominee Shareholders, virtual offices, notarized and apostilled company certificates and others. What differences us from other companies is not only our low prices, but that we care about our clients and we have an individual approach to everyone.
Countries we are offering our services in:
Legal Forms of Companies Under the Cyprus Law
1. Company Limited by shares which is subdivided into:
(a) Public companies and
(b) Private companies which are also subdivided into:
i. Exempt Private Company
ii. Limited Private Company
2. Company Limited by Guarantee:
The Partnerships and Business Name Law, Chapter 116, also provides for two general types of Partnerships:
(a) General Partnership
(b) Limited Partnership
Further, section 347 of the companies Law Chapter 113 provides for the registration in Cyprus of foreign companies under the form of a branch.
The Procedure of Registering a Company
The first step in the process is the choice of the name of the company. An application is filed to the Registrar of Companies with the requested name. The period for the approval of the name is 4-7 business days. Once the name is approved, the Memorandum and Articles of Association of the company are prepared and submitted for registration to the Registrar of Companies together with the information regarding the officers and shareholders of the company. The Registrar of the Companies usually gives a registration number within 4-5 working days and then the corporate certificates are issued either in English or in Greek.
Directors of the Company
The minimum number of directors is one, who can be either an individual or a legal entity. Usually members of our firm are appointed as nominee directors in order to execute the board meetings and resolutions in Cyprus. In this way management and control is made in Cyprus for tax purposes.
Shareholders of the Company
The minimum number of shareholders is one. Foreigners who do not wish to appear as registered shareholders may appoint nominees to act for them as registered shareholders, whilst the actual ownership shall always rest with the non-resident beneficial owners of the shares. Our firm can provide nominee shareholders services upon request.
The existence of the company secretary is required by the Law. The secretary of the IBC must be appointed by the directors. Although the nationality of the secretary is immaterial it is recommended the secretary of the company to be a resident in Cyprus.
The Cyprus Company Law requires the presence of the registered office of the company on the territory of Cyprus. The firm maintaining the IBC offers the services of a virtual office with telephone, fax and all other relevant facilities to assist in the administration of the IBC. The registered office is the place where writs, summonses, notices, orders and other official documents can be served upon the company. The advocate’s office is usually declared as the registered address of the company, where fax, telephone and other facilities are provided.
Registering Companies in Belize
With our firm you can register a Belize company formation, form an offshore Belize company and set up Belize offshore bank accounts. Belize is an independent country near Mexico with no capital gains tax or inheritance tax. The tax advantage is for non-residents where their Belize company is not subject to any taxes as long as the income has been generated outside Belize. Formation of a Belize IBC (international business companies) means no tax would be paid on any income generated by the Belize company from overseas activity.
Belize also has a special tax rule for individuals who are resident but not domiciled there: you only pay tax on income derived in Belize. Income is therefore exempt from tax for most immigrants who usually keep their money invested offshore.
Belize offshore companies provide you with the anonymity that you would normally require when setting up offshore companies. Belize business through Belize offshore companies are quite useful since you only pay tax on trade in Belize but not that done outside the country. We can also help you open a bank account in Belize and take advantage of Belize banking rules and regulation which are less than many other countries.
BVI Offshore Company
The British Virgin Islands are one of the most famous tax heavens in the world. BVI IBC companies are wholly exempt from paying BVI tax. In BVI there is no Capital Gains tax, Income tax, Corporations tax, Inheritance tax nor sales tax. BVI uses the same rules as the UK to decide if a company is resident in the BVI or not. Any company that is incorporated there or is managed and controlled from there is treated as BVI resident
Registering Companies in Panama
The Panamanian Republic has been attracting offshore ventures from around the world because, aside from its geographical location, political stability, and economical health, it does not tax foreign income. The general rule is that foreign investors, Panamanian companies, trusts, and the like are exempt from all taxes so long as they administer transactions and obtain source income outside the country.
Panama laws give superior protection over offshore trusts and assets. It possesses one of the strongest banking secrecy laws in the world, and all activities of its foundations and trusts are of extreme anonymity and must be kept classified by all persons involved. It has no understanding with foreign governments about divulging private banking information, and therefore, foreign courts have no jurisdiction in the country unless the matter involves criminal and/or organized crime activities. Its corporations offer diverse investment options which are not restricted coupled with the best risk-investment qualifications. Furthermore, these corporations also offer bearer shares to maintain complete anonymity and discretion for its shareholders. The owners are completely nonexistent in any bank record or registry. Thus, they may remain totally confidential as if they own nothing at all.
Suite 703, Nicosia Tower Centre
36 Lord Byron Ave
1096 Nicosia, Cyprus
Tel. +357 22 66 44 33
Fax. +357 22 67 26 44
Suite 117, Profiti Hlia 2,
4046 Limassol, Cyprus
Tel. +357 96 26 19 72
4F, Block A, EAC
No 18, Jiao Gong Road
Hangzhou, P.R China 310007
Tel. +86 571 281 388 15
Mob. +86 139 671 810 81
Fax. + 86 571 281 38 800