Incorporation of a Cyprus Company and Provision of Nominee Services

Dear Sir,
I’m an Italian citizen, resident non dom in UK,I own shares of a Spanish company involved in tourism and residential letting, I’m going to incorporate the shares into an Irish company recently incorporated but before I would like to transfer my shares to an holding company in Cyprus. So that I need a company with tax identification code in order to obtain the tax residence certificate with apostille in ordertoobtain the relief from withholding tax from Ireland.I need also secretary service, registered office, a nominee shareholder( beneficiary should be a foundation)Please also consider annual government fee and audit if required (I expect turnover less than 200.000 euro and nominal value of the participation is below 500.000,asset in Spain are higher but it depends if calculation consider thesubsidiary).As no activity is expected except the official annual board I would like to confirm if local director is needed because holding company is not managing any activity in Cyprus or in the subsidiary.

Also as for recently travel restrictions for COVID I would like to foresee into the articles of association meeting of the board through video conference in order to avoid travel of the foreign directors.
Sometimes some dividends income could be received and released. Waiting your proposal for the formation and daily legal obbligation.

Thanks and yours faithfully

CYAUSE RESPONSE

Hello dear Client,