After Cyprus joined the European Union, the island's legislative structure was significantly changed. Also, new rules for maintaining accounting records were introduced and 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 offshore zone of the EU, as a jurisdiction with favorable international /tax opportunities.
Foreign entrepreneurs who want to quickly enter European trade market, choose company registration in Cyprus. The experts of the E-COMMERCE BROKER Company will be happy to provide competent assistance in opening an organization on the territory of the resort island.
The gambling business is always fraught with risks, therefore it belongs to a high-risk type of electronic commerce. 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 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 the income from the business consists of the ability to accept payments from customers, it will not work successfully in the absence of a merchant account.
When a businessman with a high-risk type of e-commerce activity personally contacts, acquiring banks, as a rule, refuse to service accounts, since they do not want to risk and incur losses from such a specific industry as gambling.
The E-COMMERCE BROKER company is a reliable payment service provider, who cooperates with various types of gambling business:
• online casino;
• 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 need to wait only 1 week. The term for registering an organization on the island primarily depends on the type of company chosen. The official registration period for private enterprises with PA in Cyprus is 10 days.
Provided that the documentation package is drawn up by a competent and experienced expert, the registration can be completed in 5 working days. If we are talking about opening a holding / foreign company, then the turnkey processing time can take 2-3 weeks.
You still have questions or want 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 fees and government fees.||€ 950|
|Provision of legal address, agent and secretary, annual registration fees||€ 800|
|Nominee director||from € 790 per year|
|Nominee shareholder||from € 490 per year|
|Preparation and filing of financial statements (starting from the second year)||from € 70|
|Lead time||3-5 business days.|
For the registration of a company (SIA) in Latvia, it is necessary to deposit an authorized capital of 2800 Euro. The authorized capital is allowed to be contributed 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, both natural and legal, without references to residency. For remote registration of a company, shareholders prepare and certify a special power of attorney for 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.
The name of the company, the identification number of the company, the legal address, information about the members of the board, the size of the authorized capital, the financial statements of the company are public data. There is no data on shareholders in the register, but they can be obtained from a notary.
Latvian companies must prepare and submit an annual financial statement to the tax authority within six months after the end of the tax period. The tax period (financial 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 the preparation of financial statements for a "dormant" company is EUR 300. The cost of reporting an active company is calculated individually, depending on the number of transactions performed on the bank account.
An audit is required if the following two conditions are met simultaneously:
or one of the conditions below:
The main tax advantage of Latvia is the absence of tax on retained earnings (0%). Thus, only dividends paid to shareholders and shareholders are taxed. Tax on paid dividends - 20%. If the profit is received from dividends of a subsidiary or a foreign representative office of the company, then the 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 economy
The share of the service sector in Estonia's GDP is 69%, industry - 29%, agriculture - 3%
Tongue - Estonian.
Currency - Euro (EUR).