This region is increasingly becoming a prime location for monetary institutions searching to expand operations in the digital payments sector. One of the key legislation tools for such businesses is the AEMI licence. This licence empowers organisations to grant and conduct e-currencies, transforming the landscape of digital finance in this region. An AEMI licence in…
In recent years, this region has positioned itself as a leading hub for monetary facilities, especially in the realm of electronic payments. One of the most sought-after licenses for commercials searching to engage in electronic money activities is the AEMI license in Sweden. This apprehensive guide outlines the demands, benefits, paperwork, submission routine, and legal…
This direction, with its robust legislative scheme and stable monetary trade, has become a popular hub for companies seeking an AEMI licence. This article delves into the essential aspects of attaining an AEMI licence in Luxembourg, from the eligibility criteria and demanding paperwork to the benefits of holding this licence and the application steps. Apprehending…
Portugal has become a prime destination for businesses seeking to obtain an AEMI licence, offering accessibility to a well-regulated monetary sphere that facilitates functions around the EU. An AEMI licence in Portugal allows organisations to issue e-money, conduct transferring operations, and provide different fintech facilities within Portugal’s set up legislative scheme. This article outlines the…
Key Details of this Lithuanian VASP: Licensed VASP: Established in 2021 with full authorization from FNTT. Banking Setup: Active PSP account with a Lithuanian EMI for smooth operations, and a local bank account for tax and salary payments. Financial Stability: No loans or debts, in good standing, compliant with AML/KYC regulations. Legal and Operational Support:…
This is a new investment opportunity – FSP license in New Zealand for sale. Please check out the main details regarding this proposal below. FSP license in New Zealand: key considerations Financial Services Provider (FSP) for sale in New Zealand; Registered with Financial Service Providers Register in 2024; Authorizations (changing foreign currency, issuing or managing…
Key Features of this Forex Broker Company: Company Structure: Composed of both Bulgarian and offshore entities. Established Brand: The company has been operating for 9 years with a solid reputation in the market. Complete Infrastructure: Ready Made Forex Broker Company includes a website, secure client area (SCA), trading platform, and mobile applications. Trading Options: Leverage…
South Africa FSP License Bank Account: Includes one local bank account. Personnel: Local director and Key Individual (KI) available to stay post-sale. Transfer Timeline: Quick transfer—1 week for CIPC, 3 weeks for FSCA. Mauritius Full Service Dealer License Bank Accounts: Corporate and client accounts at MauBank. Capital Requirement: €24,000 Total Investment: €227,800 (inclusive of setup…
Zurich
+41 435 50 73 23Kyiv
+38 094 712 03 54London
+44 203 868 34 37Tallinn
+372 880 41 85Vilnius
+370 52 11 14 32New York
+1 (888) 647 05 40Cyprus was a colony of Great Britain, but now it is an independent country and an EU member. Besides, Cyprus is consider financial heaven. For the last few decades, the authority built one of the most flexible taxation systems in the world.
Step 1. Choosing the legal entity for the company.
The most common options are:
Step 2. Documents for registration.
You have to submit:
Pay attention. Nuances in the procedure for different companies
LTD is the most common type of company in Cyprus. You can set up a business on your own or include partners. In this case, it is important to record how the profit will be share among all shareholders. The presence of the Secretary’s position is obligatory.
In a private type of company, you can form any share capital. It can be a winning condition for the small business. But in case of losses, all the shareholders will be liable for their cover.
So, the public company suggests financial protection for its owners. The only problem can be connect with the number of shareholders. You need at least 7 members.
It is also possible to register an offshore in Cyprus. This option assumes that the main founds of the company will be located outside the country. Nevertheless, the procedure for company registration is similar to other legal entities. You should pay attention to this variant, as an offshore company pays lower taxes and provides the owners with increased security and privacy.
No matter what option do you choose, you still need a real office in Cyprus. It is a strong requirement, which can not be dropped. The best way to save time and to be sure that affairs are going well is to hire a local agent.
There is a great number of such agents in the Cyprus market. This person will help you to operate a business, recruit personnel and control the finance if you are abroad.
Step 3. Applying for the Certificate of Registration
If your documents are notarized, you still need to fill an application in the Trade Register. After the approval, you will receive a specific Certificate. There is no need to renew it – the certificate is valid until the liquidation of the company.
Step 4. Tax and licenses
With the Certificate of Registration, you can submit the documents for taxation and licenses (if you need to). Only after getting the confirmation from the tax and government, authority you can start providing services in Cyprus and abroad.
Each step of company registration is payable. A total cost depends on the type of legal entity you choose for business.
The first fee should be pay during the name registration. It will cost you approximately 30 Euros. The second fee is make for including the company to the official Register.
Do not forget about other payouts:
Eternity Law International will gladly help you with registration of the copmany in Cyprus, and our specialists will answer all your questions. Take advantage of our many years of practical experience – save your time and your money.
Please join our Telegram channel in order to keep updated for the new offers.
The international company Eternity Law International provides professional services in the field of international consulting, auditing services, legal and tax services.