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Old 09-10-2013, 05:09 PM  
tol120
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Join Date: Sep 2008
Posts: 38
from talking more to people it indeed appears that banking in Cyprus is not a good idea, but it's feasible to be incorporated in Cyprus and have a bank account elsewhere

but I'm wondering if paying the lower corporate tax rate in Cyprus is somehow seen as tax avoidance or is it ok as tax minimisation as long as you declare, and how does an international co holding affect your local tax bill?
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