Advanced Offshore company Structure!

Is there any update to the formation strategy for a trading company now that we're in 2020?

As far as I know you can not register a cyprus company without having a local director and a local office.

How is it in 2020

admin could you please confirm if this post is valid to this day

fuchsi60 said:

As far as I know you can not register a cyprus company without having a local director and a local office.

That is wrong, you can have a Cyprus company owned even by a offshore company in Seychelles or Belize. It's absolute no problem.

danand said:

admin could you please confirm if this post is valid to this day

It is valid with modification, you want to post your question so we can comment on it.

"transfer all shares from the BVI company to the Holding."
what is it mean?
please show detailed example
thanks

gemwire said:

Is there any update to the formation strategy for a trading company now that we're in 2020?

Would also like to know this.

sadly a little bit outdated - but the new guides you have around are better.

danand said:

admin could you please confirm if this post is valid to this day

in it's incense it is, but needs modification.

fuchsi60 said:

As far as I know you can not register a cyprus company without having a local director and a local office.

not true, well possible also in 2021/2022

dor said:

what is it mean?

you can do this better with an Nevis, Delaware or New Mexico entity today. It's much more complicated and requires at least 4 US entities or other offshore entities to be shareholder in the Cyprus company.

Someone know how valid this setup is OP has posted here 7 years ago?

Gediminas said:

Cyprus applies special tax incentive which in certain circumstances allows reducing effective tax rate up to 2,5%. In that case, it would be more worthy to work only with Cypriot company without spending money on offshore formation and maintenance. That costs could be better invested in the substance of Cypriot company.

good advise !

Is it possible for someone to update this thread with a 2022 option?

Things have changed in the seven years since this was first written. It's much more nuanced and complex now, so it's harder to offer recommendations.

If you start a thread with specific questions and details, we might be able to help you on your way towards a solution.

Sols said:

If you start a thread with specific questions and details, we might be able to help you on your way towards a solution.

That would indeed be the best way of getting valid response.