Offshore Firma


Establish a Europe company or an offshore company?

It depends on your individual goals…

Firmengründung in EuropaSince the year 2004, advantages of an offshore company are applicable to the low tax country Cyprus, member of the European Union. Anonymity, 10% tax burden, power of control, certainty, lawyer discretion – these are only a few advantages in Cyprus. Additionally to that, we have the worldwide tax recognition of the Cyprus Limited, the legal certainty of an EU member state, the bank secrecy for business accounts and a tax rate of 0% on dividends.

The question remaining concerns the running costs…

But, where there are enormous advantages, disadvantages are not far away. Of course, it can be very desirable to take action within the EU under international tax recognition.  But whether in the Czech Republic or the Republic of Cyprus, in particular regarding the establishment and administration costs there are substantial differences to the regular offshore company.

Disadvantages of a Europe company in comparison to the offshore company:

 »  Accounting and auditing costs (approx. 3000.00 Euros per year)
 »  Start-up costs of the Cyprus company (approx. 3,250.00 Euros) - Czech Republic SRO. (approx. 3,850.00 Euros)
 »  Permanent establishment required according to EU-characteristics (approx. 1,000.00 to 4,000.00 Euros per year)
 

The advantages of a Europe company in comparison to the offshore company:

 »  Tax recognition of revenue and expenditure within the EU;
 »  Recognition of the business through authorities, banks and tax offices;
 »  Anonymity despite it being an EU company, dividend tax of the Cyprus Company lies at 0.00%;
 »  Payout to an offshore subsidiary is possible at a 0% tax rate;
 »  International VAT number for business dealings within the EU;
 »  Bank secrecy on Company accounts in Cyprus;
 »  Deposit insurance in Cyprus bank accounts (100,000 Euros);
 »  The law and enforceable right of the European Union applies.

 

Special case UK-Limited – virtually worthless without combinations!

In principle, the English Limited makes no sense from a tax perspective (except the liability limit). The UK-Limited can be used prudently if it is combined with an offshore company, UK-Limited and Cyprus Holding Limited, here especially, there is an intense need of consultation and planning. We are happy to help. Please feel free to contact us.

 

The conclusion about Offshore Company or EU-Company:

If you are willing and financially able to accept the disadvantages of a Cyprus Company (financial expenses) then Cyprus offers you an optimum out of offshore company and EU Company. The company establishment in the Czech Republic complements our offer in special cases. The decision is yours, we will help you with the optimum implementation of your project, according to your wishes, needs and financial situation.

 

UK Limited gründen  Tschechien SRO gründen  Zypern Limited gründen

We are at your disposal for further questions regarding the company establishment in the EU. Feel free to contact us.

Contacte Europa Company