firm in its endeavour to provide the highest quality of
services incorporates newly Cyprus Shelf Companies in order
to provide a variety of choices and time saving to our clients.
Shelf companies are companies already created but have been
left on the shelf, in other words, they have not been involved
in trading at all, so they remained inactive. From our experience
we have realized that shelf companies are needed due to
the urgency of our clients into entering in a variety of
contracts or business agreements as they can trade same
day. In accordance with the provisions of Company Law, Cyprus
Shelf Companies must have a registered office in Cyprus,
a local person appointed as a nominee director, as shareholder
and a secretary. Furthermore Cyprus Shelf Companies are
regarded as more efficient business solutions due to the
fact that a client can be provided with a VAT registration
number within 48 hours and they are already registered at
the income tax authorities. Additionally our clients can
have their account opened in a Cyprus Bank within 24 hours'
time. Moreover Cyprus Shelf Companies are vested with many
advantages such as:
// Cyprus Shelf Companies are taxed
only 12.5% corporate tax on its net profits from trading
either abroad or inland.
// Zero tax is charged on dividends paid out by the company
to its shareholders!
// Zero tax is charged on dividends received from abroad
by Cyprus Shelf Companies, as shareholder of another company
abroad, making the Cyprus Shelf Company ideal holding companies.
// Zero tax is charged on all profits from trading in shares
and other securities.
// Only 2% tax is charged on all profits and revenues from
intellectual property rights for music, films, books, publications,
// Zero tax is charged on all profits from a permanent establishment
kept abroad by the Cyprus Shelf Companies.
// Zero tax is charged on all profits made from the sale
of any property held by the Cyprus Shelf Companies abroad.
Our firm can promptly assist you
with the preparation of your company including all the necessary
documents such as the incorporation documents, the trust
deed prepared by the nominee directors, the date of your
share transfer in your name, so you can immediately enter
into business with the best kind of supplies.