It is a legal requirement for a Cyprus International Business Company (IBC) to have at least 1 shareholder, 1 director, a secretary and registered office.
Every company should have at least one shareholder. If the beneficial owners require complete anonymity, then our own companies can be used to hold the shares in trust without the names of the beneficial owners being disclosed publicly.
If the beneficial owners do not need anonymity, then the shares may be registered in their names.
We can provide you with nominee director services.
We can also act as the secretary of the company on your behalf.
We can provide you with a registered office address.
Why have nominees?
* they can act on your behalf during the initial registration process and open bank accounts for you, etc. without you physically being present in Cyprus (though increasingly, banks in Cyprus are insisting on face-to-face meetings with potential clients)
* you will be guaranteed full confidentiality or anonymity (although the names of the beneficial owners will need to be disclosed for the purposes of opening the company's bank accounts) but in practice, you will be the registered beneficial owner of this company. In all cases, beneficial owners are supplied with a trust deed showing that the nominees are holding the shares on trust for the undisclosed beneficiaries.
The fees for our company to provide such nominee services will be payable on an annual basis, as follows:
Registered office: €250.00 per annum
Secretary: €250.00 per annum
Nominee director: €400.00 per annum
Nominee shareholder: €250.00 per annum
All prices are plus VAT.