Holding Companies
A Holding company is set up to own shares in other companies. The main reasons for registering Holding companies are:
- Confidentiality: the identity of the persons who wish to purchase and hold shares in other companies is not revealed in the register of members of the company in which the shares are purchased. Instead the name of the Holding company is entered as being the holder of the shares. Also the share certificate issued by the company is issued in the name of the Holding company and not the actual physical person who is the owner of the Holding company.
- Dividends Distribution: where the shares are held by a Cyprus Holding company, any dividends received by the Cyprus Holding company shall not be taxed in Cyprus.
Our Firm utilises its network of associate companies worldwide and in popular jurisdictions so that the clients needs are met and most importantly the structure created leads to favourable results. Our experience, knowledge and expertise in the creation of tax structures, their management and administration have played a decisive role to our clients when making their final investment decisions.
For further information please contact us at info@spyrides.eu