On Thursday 31 January, binary options
leaders Banc de Binary held a press conference in Limassol, where the
company recently launched its European headquarters. CEO Oren Laurent
stated that Cyprus was the ultimate destination to set up the company’s
headquarters for Europe and the Middle East due to its unique
geographical setting, as well as its exceptional infrastructure and
highly competent workforce.
Learn more about Cyprus as a focal base for financial services
Cyprus company registration
Cyprus company registration blog, news about business in Cyprus, Cyprus economy and Cyprus companies.
Thursday, February 7, 2013
Wednesday, January 23, 2013
One stop shop for business formations in Cyprus
To improve services furthermore and adapt to the growing demands of
global customers that want information and clearly defined actions for
creating a base here, the local government, in conjunction with the
Services Directive and the Commerce and Tourism industries, has formed
the 'Point of Single Contact' (PSC Cyprus), a portal that offers
information about the formalities involved in setting up a business
here, as well as online services that accelerate the process. The system
also enables online document submission and tracking throughout the
entire procedure.
See more information about 'Point of Single Contact' (PSC Cyprus) portal
See more information about 'Point of Single Contact' (PSC Cyprus) portal
Wednesday, November 21, 2012
Russia and Cyprus: Better Business Relations
From 1st January 2013, Cyprus will no longer have a place on Russia’s
‘black list’ of unsupportive tax jurisdictions, a position held since
2008 that has curbed the growth of Cyprus company registrations by
Russian businesses since.
The official order for Cyprus’ removal from the list was published in the Russian gazette and marks the end of tough negotiations between the two nations that began in 2008, the year the island was added to the list. Nations like Luxembourg and Switzerland worked firmly for removal from the list, but the situation with Cyprus proved more complicated, with the island’s tax information exchange being challenged...
The Cyprus company registration process begins with choosing and receiving approval of a company name from the Registrar of Companies. A qualified legal representative must submit documents to the relevant authorities, the company is then registered with our local tax authority, and if required the company will be registered with the VAT office.
Russia and Cyprus: better business relations full text
The official order for Cyprus’ removal from the list was published in the Russian gazette and marks the end of tough negotiations between the two nations that began in 2008, the year the island was added to the list. Nations like Luxembourg and Switzerland worked firmly for removal from the list, but the situation with Cyprus proved more complicated, with the island’s tax information exchange being challenged...
The Cyprus company registration process begins with choosing and receiving approval of a company name from the Registrar of Companies. A qualified legal representative must submit documents to the relevant authorities, the company is then registered with our local tax authority, and if required the company will be registered with the VAT office.
Russia and Cyprus: better business relations full text
Wednesday, February 29, 2012
Business is a pleasure between Israel and Cyprus Companies
Clear indications that relations between Cyprus and Israel are set
to gain momentum were expressed by entrepreneurs during a business forum in Tel
Aviv on 24 January. The encouraging atmosphere at the conference, co-organised
by the Cyprus Ministry of Commerce, the Cyprus Chamber of Commerce and
Industry, and the Israeli Chamber, demonstrated the common interest in
increasing business relations and solidifying economic ties between the two
territories.
Maria Saveriadou, Director of Meridian Trust - Corporate and
Fiduciary Services in Cyprus, attended the conference in Tel Aviv last month,
and said that there was a real sense of unity and eagerly anticipated
cooperation between the delegates of both countries. Her message is clear:
previous satisfactory collaborations between Israel and Cyprus companies are
set to escalate to impressive levels.
Cyprus and Israel have been encountering common and sizable
prospects since the discovery of gas in their respective Exclusive Economic
Zones (EEZ), and future business partnerships and cooperation between the two
are certain to solidify within that sector.
The importance of energy developments cannot be underestimated of
course, and this is the obvious focus of rising relations between the two
regions, with growing Cyprus companyregistrations to accommodate new trade and business. But progress and ties
within the conventional sectors are also necessary for economic growth.
Christakis Papavasiliou, chairman of the Cyprus Israel Business
Association, expressed that it was necessary for businesses and entrepreneurs
of both communities “to create the suitable conditions for cooperation and
further development of trade relations” between them in order to realize this
growth.
In the trying economy in Europe, Cyprus’ ranking is 40th
out of 183 in the World Bank’s “Doing Business Report 2012”, a rise from last
year’s 49th. Significantly, a show of interest by Israeli
businesspersons in Cyprus companies within corporate, real estate and the
tourism industries was evident, as was the issue of establishing casinos on the
island. Cooperation within the medical field was also indicated.
Growth in the
number of Cyprus company registrations
will be substantial, with businesses being established island wide to
accommodate the varied commerce surrounding gas exploration.
Saveriadou
continued: “It is our privilege that clients from all over the world have
chosen Meridian Trust to support their overseas corporate operations for over a
decade now. Acting as trustees and fiduciary service providers to Cyprus
companies is our forte, and the delivery of expert qualified counsel and
services is our tradition. We are really looking forward to this new and
productive phase with our neighbours”.
The good trading communications between Cyprus and Israel will
prove easy to maintain and enhance especially now that mutual work surrounding
gas exploration are imminent. Apart of the realm of business however, are our ties
on a more human level: we live barely 250 miles apart making travel extremely
handy, and we share similarities in music, cuisine, climate and family values.
A Cyprus company registration begins with
choosing and receiving approval of a company name from the Registrar of
Companies. A qualified legal representative must submit documents to the
relevant authorities, the company is then registered with our local tax
authority, and if required the company will be registered with the VAT office.
Meridian Trust
Monday, January 30, 2012
Cyprus Gas: a great discovery and significant asset.
NOBLE
Energy Vice-President John Tomich said that drilling for Cyprus gas
would continue on Block 12 later this year. Tomich spoke yesterday at
‘The Energy Resources of Cyprus and the New Ground in the Eastern
Mediterranean’ conference in Nicosia, organised by the Institute of
Energy of SE Europe and the FMW media group.
John Tomich said at the conference attended by delegates of oil multinationals, government officials and energy experts, that the third quarter of the year was the likely time to resume drilling.
“We are currently actively looking for a rig to drill a second well there,” Tomich added, which may offer a more accurate assessment of total capacity of the reserves. Appraisal work could take a year to complete. Read more about Cyprus Gas
John Tomich said at the conference attended by delegates of oil multinationals, government officials and energy experts, that the third quarter of the year was the likely time to resume drilling.
“We are currently actively looking for a rig to drill a second well there,” Tomich added, which may offer a more accurate assessment of total capacity of the reserves. Appraisal work could take a year to complete. Read more about Cyprus Gas
Meridian Trust
Thursday, January 19, 2012
Meridian Trust Now Has the Online Capability to Register a Cyprus Company, Fast
Counsel and
professional guidance on tax planning and company registrations in
international jurisdictions for non-EU countries.
Meridian Trust is one of the leading corporate and fiduciary
service providers in Cyprus, with over a decade of experience in its field and
a large portfolio of international clients. The company is delighted to reveal
their new online Cyprus company registration facility, with services that include
the straightforward acquisition of a ready-made company, the simple formation
of an offshore company, or the prompt opening of a bank account.
Cyprus has the lowest corporate tax rate at 10% with no
further taxation on dividends. A company registered in Cyprus or an offshore
company provide a convenient "foothold" for non-EU countries such as
the USA that has vast trade ties with Europe and vice versa. With no exchange
restrictions and the benefit of the 15% EU VAT rate, the island possesses
Europe's lowest permissible rate.
Company Director Maria Saveriadou: “Our intention has always
been to offer an expert, effective, and contemporary service, and online
capability is an obvious evolution. We truly simplify the whole company
registration process, whilst meeting the many time-sensitive requirements of
our international clients. With the new, highly efficient online facility, our
international clients can expect documents at their premises within 48 hours,
or in as little as 24 hours.”
As well as being Cyprus company registration agents,
Meridian Trust professionals comprise of expert corporate lawyers and
specialist tax advisors with extensive knowledge in international tax planning.
With a combined thirty years of knowledge and proficiency, the company
specialists are some of the best equipped consultants in the field, with
clients that include specialised intermediaries like financial advisors,
international law firms, business consultants, and international tax advisors.
The professional competence of Meridian Trust builds client
confidence, and the organisation’s services enable clients to meet all Cyprus
company registration obligations with minimal fuss and maximum efficiency.
Download the ‘Why Choose Meridian Trust?’ brochure for more information, or
call on +357 24812050 to arrange a complimentary 15-minute consultation (via
telephone or Skype), with one of their expert advisors.
Meridian Trust
Friday, December 16, 2011
Times are tough, and so are we.
Cyprus company registrations still strong.
Cyprus is held in the ubiquitous grasp of economic crisis, and unemployment levels are high. Unemployment woes in Greece are even greater, and this had led to an increase of Greek nationals coming to this island for better work opportunities.
One in five people under 25 (22.7 per cent) were unemployed in September of this year in Cyprus. By comparison, Greece’s overall unemployment is more than double that at 45.1 per cent for the under 25s.
Greeks have traditionally held posts within Cypriot hospitality and the food industry, and we now have applications for public sector jobs, with teaching and health being deemed as very desirable industries. Even in entertainment, young Greek actors hope to find employment here, whilst their more established counterparts are being hired to boost ratings for locally produced serials.
As a consequence of the crisis, approximately 1,500 Greek companies moved their operations here over the last two years, and the number of Greek businesses that are now registered as a Cyprus company count for ten per cent of the island’s total.
For Cyprus company registration, you must apply to the Cyprus Registrar of Companies for approval of a proposed company name. The Cyprus company registration process indicates that a company should have a minimum of one registered shareholder, and that the said shareholder can either be an individual, or another company, Cypriot resident(s) or foreign. If anonymity and confidentiality as to the ownership of the company is required, then the beneficial owners of the company may appoint nominee shareholders to act for them as registered shareholders, while the actual ownership always rests with the beneficial owners.
If you need a Cyprus company complete with full nominee services and bank account the soonest possible, without going through the Cyprus company registration process, you would need to choose from a list of immediately available shelf companies.
For more information about Cyprus company registration, please get in touch with us.
Cyprus is held in the ubiquitous grasp of economic crisis, and unemployment levels are high. Unemployment woes in Greece are even greater, and this had led to an increase of Greek nationals coming to this island for better work opportunities.
One in five people under 25 (22.7 per cent) were unemployed in September of this year in Cyprus. By comparison, Greece’s overall unemployment is more than double that at 45.1 per cent for the under 25s.
Greeks have traditionally held posts within Cypriot hospitality and the food industry, and we now have applications for public sector jobs, with teaching and health being deemed as very desirable industries. Even in entertainment, young Greek actors hope to find employment here, whilst their more established counterparts are being hired to boost ratings for locally produced serials.
As a consequence of the crisis, approximately 1,500 Greek companies moved their operations here over the last two years, and the number of Greek businesses that are now registered as a Cyprus company count for ten per cent of the island’s total.
For Cyprus company registration, you must apply to the Cyprus Registrar of Companies for approval of a proposed company name. The Cyprus company registration process indicates that a company should have a minimum of one registered shareholder, and that the said shareholder can either be an individual, or another company, Cypriot resident(s) or foreign. If anonymity and confidentiality as to the ownership of the company is required, then the beneficial owners of the company may appoint nominee shareholders to act for them as registered shareholders, while the actual ownership always rests with the beneficial owners.
If you need a Cyprus company complete with full nominee services and bank account the soonest possible, without going through the Cyprus company registration process, you would need to choose from a list of immediately available shelf companies.
For more information about Cyprus company registration, please get in touch with us.
Meridian Trust
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