Our relevant business advice

  1. We advise that your company have at least two bank accounts in different jurisdictions which will reduce dependencies and increases flexibility in course of running your business.
  2. Keep your accounting books up to date by conducting daily records on your company’s financial activities, (it is cheaper to pay already managed accounts than to pay accounts managed by audit firms; further information/explanation on this point will be provided upon request and on a case by case basis)).
  3. Make a foreign holding for legal and efficient generation of your company profits: organize an exit for your profits to a holding in a country with zero or minimum withholding tax or create a foreign company with a Cyprus branch.

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