Company Formation Lebanon

Globalserve Consultants, based in Cyprus, would like to reach out to companies that are looking for help with any and all matters relating to corporate banking. The firm helps clients open bank accounts in Cyprus, and their assistance extends well past this initial service. They work with international companies, individuals and more, simplifying the process of doing business for all their clients. The firm operates both in Cyprus and other countries. See more here: Corporate Banking Services Cyprus. “In recent years, the financial system of Cyprus has introduced a lot of changes, making it easier for foreign investors to access the Cyprus market and benefit from local tax policy and other advantages offered by the Cyprus Financial system,” says Globalserve Consultants. “The Cyprus banks are experienced commercial banks which, unlike other international banks, welcome commercial banking and are efficient and experienced in the execution of commercial transactions. The most important advantage of opening a bank account in Cyprus is that the owner of the company does not need to travel to Cyprus for a personal appointment with the bank, and all documents can be submitted to the bank through our bank department. At the same time, investors can open bank account in any currency with cards and IBAN numbers without restrictions — they can enjoy high quality and fast electronic banking with 24/7 online banking services as well as SWIFT and SEPA international transfers.” There are a number of reasons why a business might be interested in starting operations abroad, especially in Cyprus. Starting up a business fund in Cyprus offers investors access to a number of unique opportunities and advantages that other markets cannot match. https://www.youtube.com/watch?v=3Ovl8PKvVkM&t=18s It should be noted that the past few years have seen Cyprus become one of the top fund jurisdictions in the European Union. To keep up with this development, Cypriot professionals have developed their skills in order to ensure that they are able to provide first class service to anyone looking to enter the industry. The cost of setting up and operating in Cyprus is also significantly lower, making it an excellent place to set up a fund compared to other EU countries. The island also has a modern and transparent regulatory framework that is not excessively stringent. Globalserve Consultants also provides a full range of company formation services in Cyprus. This includes company registration, incorporation and management of international companies. Their aim is to help offshore clients set up, meet their targets and meet all their business challenges. Successful business people become successful by thinking ahead and making the best decisions based on research, experience and entrepreneurial instinct. Cyprus has become an important business centre in Europe, and doing business on the island is now a worthwhile investment. Globalserve invites offshore clients to get in touch in order to learn more about investing in Cyprus. Contact the team here: Get In Touch With Us. Regarding Cyprus’ position as an investment destination, Globalserve says, “There are several factors that make Cyprus such an inviting proposition. For those looking to Cyprus company formation from English speaking countries, the fact that English is widely spoken — and used within legal documentation — is a distinct advantage. At the same time, Russian is also found in the professional and the retail sector as well as in the financial and tourist sector. There are also some highly lucrative tax incentives for those building their business ventures in Cyprus, not least of which is the incredibly low rate of corporation tax, the most generous level of corporation tax in all of the European Union at just 12.5% as well the tax exemptions to capital gains and dividends received. Cyprus also maintains many double tax treaties, which naturally brings even more tax benefits to businesses. Additionally, Cyprus has an excellent legal system based on the Common Law System of UK and experienced, efficient commercial banking.” For more information on Globalserve Consultants, visit their site here: Our Firm. They are one of the top corporate banking and company formation and management firms in the country, and they are always happy to help offshore clients set up and operate in Cyprus.

Globalserve Consultants Ltd, a company based in Cyprus, is offering trust and trust formation services in Cyprus. A spokesperson for Globalserve says, “Our firm offers trust services, which include dealing with the Cyprus Trusts Beneficial Owners Registry (CyTBOR).” The Cyprus Securities and Exchange Commission (CySEC), in accordance with Article 61C(4)(a) of the Prevention and Suppression of Money Laundering Terrorist Financing Law of 2007, has established and maintains a Beneficial Ownership Register of Express Trusts and Similar Legal Arrangements (the Register), where information on express trusts, similar legal arrangements, and their beneficial owners is submitted. The CySEC has also developed a system known as the CyTBOR through which this Register is kept. Globalserve helps clients with the disclosure, registration, management, maintenance, and updating of information on the CyTBOR. The trust formation and trustee services offered by Globalserve can help international businesses in having a complete Cyprus tax structure, which enables protection of assets and the straightforward and legal transfer of wealth to the successors based on the desires of the settlor without tax implications. In addition, they can also offer confidentiality and protect the continuation of the group’s operations by ensuring it is not disrupted or affected by the death of absence of the settlor. Their trust service is assured to be compliant with the trust law of Cyprus for the efficient planning of trust deeds and property for the beneficiaries of the settlor. A spokesperson explains why business owners would want to register their trust fund in Cyprus, “Cypriot funds are able to combine transparency along with tax benefits for investors. The fund industry has experienced a significant growth during the past few years in Cyprus, establishing the island as one of the major fund jurisdictions in the EU. Cypriot professionals have developed their skills over the fund sector and are able to provide first class services to those interested in entering the fund industry. Along with the above factors, Cyprus can provide a number of significant benefits to the investors, making the country an attractive business destination. If you need more information, we urge you to get in touch with us on the phone or through email.” There are various benefits provided by the establishment of a Cyprus trust fund. These include: lower set up and operational costs; harmonization with modern fund legislation; modern and transparent legal and regulatory framework; transparency and protection for investors; provision of quality services and support; and flexibility through various fund structures. There are various tax benefits in Cyprus for the fund itself. There are tax exemptions from: capital gains tax from the sale of corporate titles and other financial instruments; capital gains tax from the sale of immovable property located outside of Cyprus; and dividends received. Cyprus also offers a low corporate tax at 12.5 percent and has double tax treaties with 60 countries. There is also notional interest deduction on new equity and interest received is taxed under corporation at 12.5 percent and not under special defence contribution at 30 percent. For foreign investors, there are also tax benefits, such as: no tax on redemption of unit by the unitholders; no withholding tax on dividends received from the fund; and no capital gains tax on disposal of units by unitholders, as long as there is no Cyprus real estate. Established in 1994, Globalserve Consultants is a licensed corporate and accounting company, regulated by ICPAC in Cyprus. They provide a holistic range of accounting, legal, banking, tax, corporate and financial advisory services for international companies, businesses operating worldwide, and international investors. Their headquarters can be found in the island of Cyprus but they can also serve countries all over the globe through their partners. They are a member of the CCCI, ICPAC, IFA, and STEP, and they frequently take part in international conferences in international taxation and financial management. https://www.youtube.com/watch?v=3Ovl8PKvVkM&t=18s Those who want to know more about the Cyprus trust and trust formation services can visit the Globalserve Consultants website or contact them through the telephone or via email.