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Asset Protection Offshore
Merchant Account
Offshore Company Formation
Subscribe to the latest News Subscribe to the latest news, from time to time (not more than 1 time a months) CCLOGIC Ltd is publishing information about new or existing services from the range of services we offer. When you subscribe to our news you will ensure to have the latest information available and also to be informed when we have new services available or important changes in existing serivces. At any time you are able to unsubscribe from the e-mail service.
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Asset Protection Offshore Asset Protection Offshore With a Offshore Company for instant registered in the Seychelles, Belize or Cyprus, you will achieve the best Asset Protection some can get. Since many in the time of the recession we are into have sadly been facing to lose their assets and equity in a company which they may have had for many years or just started,
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Merchant Account Merchant Account and Payment Gateway for your Credit Card Processing needs. We accept Regular E-Commerce merchants, High Risk Merchants and hard to place Merchants, only requirement, your company has to be incorporated in Europe.
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Offshore Company Formation Offshore Company Formation The registration of offshore companies has continued to gain momentum with each passing day. This has largely been attributed to the variant benefits that come with managing a business offshore. Investors are assured of a free and conducive working environment where confidentiality and convenience are the driving forces behind the establishment and sustaining of companies with a sound capital base.
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Merchant Account

Merchant Account for Credit Card Processing
Real Merchant Account provided by the Acquiring BankReal Merchant Account
the card holder will see your company name on his credit card statement.Own Descriptor
Payouts for the credit card processed payments are managed directly by the Aacquiring bank.Payments directly by the bank
PCI certified payment gateway for a fast and reliable credit card processing platform.Fast Payment Gateway
High Risk Merchant Accounts for merchants in Europe.High Risk Merchants accepted
We support both High Risk Merchants and E-commerce merchants.
Weekly Payments, Fast Approval, 24/7/365 Support

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Cyprus Banking

Cyprus Bank Account
Bank Account opened with the Major Banks in CyprusMulti Currency Account
Bank Account opened with the Major Banks in CyprusWith the major Banks In Cyprus
Cyprus Bank Account with advanced Internet Banking and access 24/7/365Internet Banking 24/7/365
 Currency Exchange Trading with your cyprus bank account.Currency Exchange Trading
Cyprus Bank Account with Visa electron Debit Card.Visa Electron Debit Card
To open a Cyprus Bank Account with the major banks in Cyprus, Seychelles or Bahamas you just need to apply online on our website.

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Cyprus Company

Cyprus Company Formation
Nominee Shareholder or Director both as Foreigner and CypriotIncorporation in Cyprus
Nominee Shareholder or Director both as Foreigner and CypriotNominee Services
Cyprus Shelf Company if needed.Cyprus Shelf Company (optional)
Apostilled original Docuements for your Cyprus Company, send to your address.Original documents provided
Registered Office Address in Cyprus for your Cyprus Company Formation.Registered office address in Cyprus
You can register your Cyprus Company Online, and don't need to visit Cyprus.
Apostilled Documents, Company Certificate, Reg. Office Address

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Offshore Companies

Offshore Company Formation
BVI - British Virgin Islands Company Formation, with company certificate, corporate documents with apostille, tax free offshore companyBelize Company
BVI - British Virgin Islands Company Formation, with company certificate, corporate documents with apostille, tax free offshore companyBVI Company
Bahamas Company Formation, original corporate documents with apostille, company certificate, entirely exempted from any tax, Offshore Company Formation in the BahamasBahamas Company
 Delaware Company Formation, registering your US company as Offshore Company with company certificate, corporate documents with apostille, exempted from any tax what so ever.Delaware Company
Seychelles Company Formation, the famous offshore jurisdicition for everyone, original corporate documents with apostille, 0% TAX - Offshore Company Formation in the Seychelles.Seychelles Company
We operate in several offshore jurisdictions, we also provide real bank accounts, accounting services, and ALL original documents with apostille.

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Offshore Trust Cyprus

Formation of a Offshore Trust in Cyprus

CCLOGIC LLC has specialized in the formation of Trusts in Cyprus, the turnaround time for the regististration depends but is often done within 1 - 2 weeks.

An offshore Trust in Cyprus is a common vehicle used by many business professionals in order to keep their privacy, for asset protection and for investments through offshore companies owned by the trust.

The major benefits of an Trust in Cyprus are:

  • 100% anonymity
  • The highest level of privacy
  • Full assets and equity protection

Further to above a Cyprus Trusts is not subject to any tax, Income gains and profits are exempted from income tax, capital gains tax, special contributions and any other taxes in Cyprus.

Our fee for the formation of an trust, EUR 2.995,-

The fee incudes:
Offshore Trust Formation
Certificate for the registration of the Trust

When you decide to form a Cyprus Trust we will in cooperation with you complete the following documents:

  • TRUST CREATION INSTRUCTIONS
  • SPECIMEN LETTER OF WHISHES
Cyprus Offshore Trust formation - order now Order your Cyprus Offshore Trust now!

General Information about Offshore Trusts in Cyprus:

The various types of trust vary in complexity but they have one common fundamental feature. A “person” being either an individual or a company (“the trustee”) agrees to hold certain assets (“the trust fund”) in its name for the benefit of another person (“the beneficiary”) on certain terms and with certain powers (which are usually set out in the Trust Deed). The assets comprising the trust fund are legally held and registered as owned by the trustee and the trustee is under a duty, enforceable in the Courts, to hold those assets and the income arising from them for the benefit of the beneficiary(ies).

The above relationship can be summarised as follows: The trustee has legal title to the trust assets and the beneficiary has beneficial or equitable title (it is the beneficial title which is of value when one is considering asset ownership).
Cyprus Offshore Trust SetupThe other important parties of the trust are:
  • The settlor. This is the person that creates the trust. In some jurisdictions the settlor could not act as trustee or be a beneficiary. In the Cyprus jurisdiction, the settlor can also be a trustee or beneficiary.
  • The protector. This is the person(s) that has the power to restrict key powers (such as add beneficiaries, etc.) of the trustee so that they can only be exercised with the consent of suitable person.


The Cyprus International trust

The international trust is a trust whereby:

  • The settlor is not a permanent resident of Cyprus
  • The trust property does not include immovable property in Cyprus
  • At least one trustee is resident in Cyprus.
The nature of the Cyprus international trust could be “discretionary”.

As the name suggests the discretionary trust allows the trustee to exercise a large element of discretion with regard to distribution of income and assets, and to choose from a large “pool” of potential beneficiaries. The voting of beneficiaries from the “pool” could vary every year.

The following benefits relate to Cyprus International Trusts:

  • Income, gains and profits are exempted from income tax, capital gains tax, special contribution or any other taxes in Cyprus.
  • No estate duty or inheritance tax in Cyprus.
  • No exchange control regulations.
  • An International Trust may carry out business in Cyprus subject of course to the laws of the country, which are imposed on the beneficiaries and not on the trust itself.
  • There are no reporting requirements in Cyprus for the International Trusts.
  • Trust capital received in Cyprus by a foreigner resident or retired in Cyprus from trusts not resident in Cyprus is not taxable on the trustee.
Asset protection

An international trust shall not be void or voidable in the event of the settlor’s bankruptcy or liquidation or in any action or proceedings against the settlor or at the suit of his creditors not with standing any provision of the law of Cyprus or any other country.

An International Trust may be set aside by the settlor’s creditors to the extent that is proven to the satisfaction of the Cyprus Court that the International Trust was made by the settlor with the intent to defraud the creditors. The onus of proof of this intent shall be on the creditors.

Confidentiality is of paramount importance. No government or Central Bank of Cyprus official may disclose to anybody any information or documents in connection with:

(a) Settler
(b) Beneficiaries
(c) trustees and their duties
(d) accounts or property of the trust

However, a beneficiary is entitled to request from the trustees information about the accounts of the trust. Furthermore, the court may order the disclosure of information or documents in criminal or civil proceedings cases, where the disclosure is important.

Stamp duty
A Cyprus international trust is subject to stamp duty of EUR 427. If the trust deed is stamped more than 30 days after the date of creation of the trust, a late payment fine is charged. The amount of the late payment fine depends on the length of the delay.

 

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