Cyprus-Forum.com

[Feisty]

My answer would be mind your own business.
I have no interest in your life and if it's so empty then find someone else's to go meddling in.

i would be interested in when these properties were purchased?

[roseandchan]

i think your full of bull and your a fake. you like giving it out but don't like it back, just like a spoilt child. my life is great, i'm a very happy person. you have soo much property in cyprus that it is clear you only purchased them to make money i hope the cyprus goverment makes you pay bucket loads of capital gains tax and i hope you declare all that worldwide income to the uk inland revenue. then all those 15-16 year olds can have benefits at your expense.

[miltiades]

There are no exeptions, or loopholes. It is one law that is strictly enforced in Cyprus. Unless someone knows otherwise ?

Most intriguing

I hope an explanation will be delivered soon .....

Quite simple really. sorry you waited so long for nothing.

I only personally own one property, the other three are owned in my company name, don't quite have the registation number to hand but the company is just my full name with Ltd on the end and was set up by my solicitor simply to hold the property. Saves on capital gains tax as well as much else. If I remember rightly, and here my memory is sketchy, I am the only director and shareholder of the company. Why I say it is unclear as I'm well aware that a Ltd company in the UK has to have at least 2 directors, but have not studied Cyprus Company Law. I'd imagine that if another director were required that it would have been my mum.

Not quite correct on the number of directors a ltd co.must have in the UK.
All companies must have officers. From 6 April 2008 this means at least one director for a private company, and at least two directors and a company secretary for a public limited company. A private limited company does not have to have a company secretary but it can choose to include in its articles a requirement to have one.

[Eliko]

There are no exeptions, or loopholes. It is one law that is strictly enforced in Cyprus. Unless someone knows otherwise ?

Most intriguing

I hope an explanation will be delivered soon .....

Quite simple really. sorry you waited so long for nothing.

I only personally own one property, the other three are owned in my company name, don't quite have the registation number to hand but the company is just my full name with Ltd on the end and was set up by my solicitor simply to hold the property. Saves on capital gains tax as well as much else. If I remember rightly, and here my memory is sketchy, I am the only director and shareholder of the company. Why I say it is unclear as I'm well aware that a Ltd company in the UK has to have at least 2 directors, but have not studied Cyprus Company Law. I'd imagine that if another director were required that it would have been my mum.

Not quite correct on the number of directors a ltd co.must have in the UK.
All companies must have officers. From 6 April 2008 this means at least one director for a private company, and at least two directors and a company secretary for a public limited company. A private limited company does not have to have a company secretary but it can choose to include in its articles a requirement to have one.

In my own experience, the finest 'Company' you can have, is your own.

[roseandchan]

does that mean that the original company set up would have to change now even if the company became ltd before that date?

[Oracle]

There are no exeptions, or loopholes. It is one law that is strictly enforced in Cyprus. Unless someone knows otherwise ?

Most intriguing

I hope an explanation will be delivered soon .....

Quite simple really. sorry you waited so long for nothing.

I only personally own one property, the other three are owned in my company name, don't quite have the registation number to hand but the company is just my full name with Ltd on the end and was set up by my solicitor simply to hold the property. Saves on capital gains tax as well as much else. If I remember rightly, and here my memory is sketchy, I am the only director and shareholder of the company. Why I say it is unclear as I'm well aware that a Ltd company in the UK has to have at least 2 directors, but have not studied Cyprus Company Law. I'd imagine that if another director were required that it would have been my mum.

Not quite correct on the number of directors a ltd co.must have in the UK.
All companies must have officers. From 6 April 2008 this means at least one director for a private company, and at least two directors and a company secretary for a public limited company. A private limited company does not have to have a company secretary but it can choose to include in its articles a requirement to have one.

In my own experience, the finest 'Company' you can have, is your own.

And if all Company was like you Eliko ... one may never "vant" to be alone again ....

[Eliko]

There are no exeptions, or loopholes. It is one law that is strictly enforced in Cyprus. Unless someone knows otherwise ?

Most intriguing

I hope an explanation will be delivered soon .....

Quite simple really. sorry you waited so long for nothing.

I only personally own one property, the other three are owned in my company name, don't quite have the registation number to hand but the company is just my full name with Ltd on the end and was set up by my solicitor simply to hold the property. Saves on capital gains tax as well as much else. If I remember rightly, and here my memory is sketchy, I am the only director and shareholder of the company. Why I say it is unclear as I'm well aware that a Ltd company in the UK has to have at least 2 directors, but have not studied Cyprus Company Law. I'd imagine that if another director were required that it would have been my mum.

Not quite correct on the number of directors a ltd co.must have in the UK.
All companies must have officers. From 6 April 2008 this means at least one director for a private company, and at least two directors and a company secretary for a public limited company. A private limited company does not have to have a company secretary but it can choose to include in its articles a requirement to have one.

In my own experience, the finest 'Company' you can have, is your own.

As an extension of the above, if you desire a 'Limited Company', choose your friends carefully, you will find them less 'Taxing' and the 'Gains, Capital'.

[Oracle]

There are no exeptions, or loopholes. It is one law that is strictly enforced in Cyprus. Unless someone knows otherwise ?

Most intriguing

I hope an explanation will be delivered soon .....

Quite simple really. sorry you waited so long for nothing.

I only personally own one property, the other three are owned in my company name, don't quite have the registation number to hand but the company is just my full name with Ltd on the end and was set up by my solicitor simply to hold the property. Saves on capital gains tax as well as much else. If I remember rightly, and here my memory is sketchy, I am the only director and shareholder of the company. Why I say it is unclear as I'm well aware that a Ltd company in the UK has to have at least 2 directors, but have not studied Cyprus Company Law. I'd imagine that if another director were required that it would have been my mum.

Not quite correct on the number of directors a ltd co.must have in the UK.
All companies must have officers. From 6 April 2008 this means at least one director for a private company, and at least two directors and a company secretary for a public limited company. A private limited company does not have to have a company secretary but it can choose to include in its articles a requirement to have one.

In my own experience, the finest 'Company' you can have, is your own.

As an extension of the above, if you desire a 'Limited Company', choose your friends carefully, you will find them less 'Taxing' and the 'Gains, Capital'.

Can I hold you to "Account" and "Fiscal" you for a full "Disclosure" ....

[roseandchan]

never mix business and friendship

[Bill]

There are no exeptions, or loopholes. It is one law that is strictly enforced in Cyprus. Unless someone knows otherwise ?

Buying in a company name is one way but the simplest way is to just not accept the deeds when they are eventually ready as it usually takes years after the build for the deeds to be ready for transfer.

A non resident can buy a hundred properties if they wanted to as long as the deeds are not in their name .

Restrictions will be lifted I believe some time in 2009 and any EU citizen will be able to own as many properties as they want and can afford in Cyprus

Bill