After Cyprus joined the European Union, the island's legal structure was significantly changed. New rules for maintaining accounting records were also introduced and optimized tax system of Cyprus.
Successful investment in Cyprus provides an excellent opportunity to obtain a residence permit in the shortest possible time. The island state is located in EU offshore zone, as a jurisdiction with favorable international/tax opportunities.
Foreign entrepreneurs who want to quickly reach European trade market, choose company registration in Cyprus. Experts from the E-COMMERCE BROKER Company will be happy to provide competent assistance in opening an organization on the resort island.
The gambling business is always associated with risks, and therefore is a high-risk type of electronic commercial activity. This creates a number of features for the owner of such a business when opening payment gateway for the purpose of accepting payments from players and making payments to their credit cards.
If you are the owner of an online gambling business, then you cannot do without the help of a professional team of experts. Since business income comes from the ability to accept payments from clients, it will not be possible to conduct business successfully without a merchant account.
When a businessman personally deals with a high-risk type of electronic commercial activity, acquiring banks, as a rule, refuse to service accounts, since they do not want to take risks and incur losses from such a specific industry as the gambling business.
The company "E-COMMERCE BROKER" is a reliable payment service provider, which cooperates with various types of gambling business:
• online casino;
• puzzles;
• simulators;
• bookmaker bets or any other types of online games.
We offer individual solutions for each individual type of online commercial activity, taking into account the specifics and characteristics of the company. We serve both casinos from the EU and casinos from offshore jurisdictions.
To register a company in Cyprus, you will only need to wait 1 week. The period for registering an organization on the island primarily depends on the chosen type of company. The official registration period for private enterprises with a PA in Cyprus is 10 days.
Provided that the documentation package is compiled correctly and by an experienced expert, registration can be completed in 5 working days. If we are talking about opening a holding company/foreign company, then the turnkey registration period may take 2-3 weeks.
Have any questions or would like to apply for company registration in Cyprus? Call or write, we will definitely work together and provide effective assistance at the start of your development business in Cyprus.
| Name of service | Service cost |
| Company registration, notary fees, legal services and government fees. | € 950 |
| Providing legal address, agent and secretary, annual registration fees | € 800 |
| Nominee Director | from €790 per year |
| Nominee shareholder | from € 490 per year |
| Preparation and submission of financial statements (from the second year) | from € 70 |
| Order fulfillment time | 3-5 working days. |
Authorized capital
To register a company (SIA) in Latvia, you must deposit an authorized capital of 2800 Euro. The authorized capital may be paid in two installments within 1 year.
It is possible to open a company with a capital of 1 Euro.
The set of company documents includes:
A member of the board and a shareholder can be one single person, either an individual or a legal entity, without reference to residency. For remote registration of a company, shareholders prepare and certify a special power of attorney to carry out the registration procedure; the director is required to agree to hold the position of a member of the company’s board, certified by an apostille.
Public information
The name of the company, company identification number, legal address, information about members of the board, the size of the authorized capital, and financial statements of the company are publicly available data. The register does not contain information about shareholders, but it can be obtained from a notary.
Latvian companies must prepare and submit an annual financial report to the tax authority within six months after the end of the tax period. The tax period (fiscal year), as a rule, coincides with the calendar year, but you can determine it yourself by notifying the tax authority.
The cost of our services for preparing financial statements for a dormant company is EUR 300. The cost of reporting for an active company is calculated individually depending on the number of transactions performed on the bank account.
An audit is required when the following two conditions are met simultaneously:
or one of the conditions below:
Basic taxes
The main tax advantage of Latvia is the absence of tax on retained earnings (0%). Thus, only dividends paid to shareholders and shareholders are subject to taxes. Tax on dividends paid is 20%. If the profit is derived from dividends of a subsidiary or foreign representative office of the company, then dividends paid to shareholders are exempt from taxes.
The standard VAT rate is 21%.
Registration of a company in Latvia or re-registration of an existing company takes about 5 days from the moment the client provides all the necessary information and documents.
Capital - Tallinn.
Population - The population of Estonia is approximately 1,3 million people.
Political structure - Parliamentary republic.
Legal system - Estonia is a country of the Romano-Germanic legal system with its own distinctive features. The main legislative act of the country is the Constitution, adopted in 1992. A legal entity in Estonia is registered in accordance with the Commercial Code of 1995.
Infrastructure and economics
The share of the service sector in Estonia's GDP is 69%, industry - 29%, agriculture - 3%
Language - Estonian.
Currency - Euro (EUR).
Obtaining a license for gambling business
Obtaining licenses for Forex companies
Obtaining a cryptocurrency license in the UAE
Obtaining a cryptocurrency license in Ireland
Obtaining a cryptocurrency license in Lithuania
Getting tocrypto currency license in Estonia
Cryptocurrency license in Poland
Obtaining a financial license in Hong Kong
Obtaining a financial license in Singapore
Obtaining a financial license in the Czech Republic
Obtaining a financial license in Malta
Obtaining a financial license in New Zealand
Obtaining a financial license in Lithuania (EMI)
Obtaining a financial license in Latvia
Obtaining a financial license in Canada (MSB)
Obtaining a financial license in Georgia
Obtaining a financial license in Hong Kong (MSO)
Buying and selling real estate in Europe
Support of international purchase and sale transactions
Legal services for international business relations
Legal support of transactions in Europe
Training of the company director on KYC/AML requirements
Organization of financial business on a turnkey basis
Conducting ICOs for projects. Companies entering ICO
Accounting services in Europe (Russian-speaking accountant)
Renting office space and hiring staff
Advertising traffic and marketing for casinos, Forex and crowdfunding
E-COMMERCE BROKER OÜ is a consulting bureau with a team of experienced European lawyers and professionals in the field of law and finance.
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