A shelf company – created days, weeks or months before it is purchased – is in a sense put on the shelf to age like a bottle of wine. And like a nicely aged bottle of vino, a shelf company is just as palatable.
Common reasons to purchase a shelf company are to save time, to have the ability to bid on contracts and to attract customers with the lure of longevity.
A Cyprus shelf company is doubly advantageous due to the low corporate tax rate, which is only 12.5 %. This is one of the lowest rates in the EU and is half the corporate tax rate of other countries, such as the United States, Russia and China, to name a few. Furthermore, Cyprus has signed double tax treaties with 45 countries.
So what does this mean to you? Payments received by a Holding Company, as well as dividends paid to shareholders, are exempt from withholding tax.
Purchasing a shelf company is an easy four-step process. If you want to quickly get into business and have the tax benefits of a Cyprus Holding Company, Christophi & Associates LLC can get you started. Our mission is to ensure that our clients have total authority over every nuance of their business – regardless if they are thousands of miles away.
We advise our clients on the best and most profitable options available when using a company, and ensure these businesses run like clockwork. Now that’s something to raise a glass to.
Get started today. Call Christophi & Associates LLC at +357 22 45 62 50 , or e-mail us at firstname.lastname@example.org