Yes, corporate shareholders are allowed. For due diligence purposes, we will still need to “peel the onion” and determine the ultimate beneficial owner(s) of the company. The bank will also need to know this.
- What information do you require to register my Cyprus company?
- How much do you need to know about my intended business?
- Are there any types of business that are not acceptable?
- Can I buy the Cyprus company anonymously, without telling my name?
- Is it a requirement for a Cyprus company to set up a fully operational office in Cyprus?
- Why are certain words not permitted in the name of a Cyprus company?
- Does the Cyprus company need to have an initial paid-up capital?
- Do I have to visit Cyprus to register the company?
- Why do you require a copy of my passport and other documents?
- What is a proof of address?
- What is a bank reference?
- What is a professional reference?
- May I be the only shareholder of my Cyprus company?
- May I have another company holding shares in my Cyprus company?
- Can I have bearer-shares?
- What are “ready-made” companies?
- Can I buy a shelf company and change its name?
- What is the beneficial owner?
- What is a nominee shareholder?
- What is the difference between a shareholder and the beneficial owner?
- Do the owners of the Cyprus company have to sign the incorporation documents?
- What documents will I get to ensure my full control over the company and to enable me to remove any officers or functionaries, if I want to?
- How can I prove my ownership of the company?
- What is a declaration of trust?
- How can I be certain that you are not going to steal my money and blackmail me?
- I am not resident in Cyprus - may I be the only director of my Cyprus company?
- What is a directorship service?
- Do the beneficial owners of the Cyprus company have signatory rights?
- Can I change the directors of my Cyprus company?
- Can I bring over my Cyprus company to You from another agent?
- Can I change my Cyprus company from You to another agent?
- I have a company registered in another country – can I transfer it to Cyprus?
- If somebody investigates my Cyprus company, what data will be revealed?
- Does a Cyprus company come with its bank account?
- Can You guarantee that the bank account will be opened for my new company?
- Why do you charge a fee for the assistance with the account opening?
- Do I get a refund if I paid for the bank introduction, but the bank turned me down?
- Do I have to visit the bank for opening the bank account for my new offshore company?
- What is the timeframe for the company bank account opening in Cyprus?
- What is an “account signatory”?
- Will the director act as bank signatory?
- Can I open an account for my Cyprus company without Your help?
- Can I open a personal bank account in Cyprus?
- Does Cyprus share the bank account information with my tax authority?
