Offshore companies are the preferred company structure to achieve anonymity and privacy protection, keep all business details confidential and combine all this with limited liability and tax exemption. The Cyprus companies we offer are fully legal and able to conduct their activities worldwide. It is realised today, that although the costs for an offshore incorporation may be higher than that to register a company in the US the long term benefits far outweigh this. Cyprus offshore companies do not have to pay sales tax nor income tax. Due to the fact that there is no taxation there is no required accounting or auditing from authorities. This means you save the costs of a CPA whilst at the same time gain the highest level of privacy protection. Your company may be dormant or it may generate millions in profit you will still not be required to forward information.