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6. Vat Number Can Be Had in the Cyprus Company Registration

cyprus company registryA Cyprus company on its registration can obtain a number that is vat. Such procedure is quick in Cyprus and a vat registration quantity may be had in about forty eight hours. Our office could possibly get you your vat quantity without hassle and you can begin trading immediately. A certificate is issued and a number which will show in the EU vat system in about 4 days maximum on the registration with the vat authority. That number needs to be shown on all the invoices associated with company as well as on all it material that is stationary. Vat tax is payable within the country as long as you physically import the products in to the country. The tax that is vat 19% at this time for the general groups but there are also lower prices for special cases.
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2. Nominee Directors

Who can behave as a nominee director?
What powers does he have according to the legislation?
Can he harm my interests? How to restrict his capabilities?
How do I simply take over his capabilities?

A Cyprus company can have as numerous directors it requires. The minimum is one director.There can be an response to your entire questions. Let’s take them one at a time. Any male or person that is female of head and of age, who's got not announced bankruptcy, may be appointed to do something being a nominee of any company in Cyprus. A company manager is the most essential person in the company structure, specially if he's the only director, in other words. he could be the only manager, since lately having an amendment regarding the legislation a company may have only 1 manager plus one shareholder.