Cyprus is the most attractive country for business registration. It proposes low taxation, simple procedures for incorporation and subsequent business management and stability in politics and law.
If you plan to form your company in Cyprus, you have to open an account in one of the local banks. It will be a profitable investment, as Cyprus banks provide a row of benefits for their holders:
Providing a pack of documents is obligatory. It includes:
Some banks can ask you for proof of your solvency. In this case, you can add the extract from another account.
Besides the personal information of each business owner (passport/ID) you should provide:
If you have an account manager, please, add his or her personal information to the set of documents. It is worth noting, that the requirements can differ in some banks, so be attentive and consult with a selected bank in advance.
Our specialists will help you to choose an appropriate bank and to gather the required documents. Please, feel free to contact us for help or additional information.
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