Companies

AGENCY STRUCTURE


A trading company acting as an agent on behalf of a principal company which receives commission income from the principal for its services

AGENCY COMPANY BENEFITS

  • Minimized tax burden

Corporate tax will be levied only on the Agency company’s commission income (3-5% of total turnover)

  • VAT number

Agency Company with a VAT number is an efficient solution for intra-EU trade

For example, Irish Ltd. with VAT or Cyprus Ltd. with VAT

  • Prestige

European Agency company enters into agreements with business partners which normally do not work with offshore-based companies

How it works?

  • Agency Company will sign an Agency Agreement with an Offshore Principal.
  • If Agency Company is a VAT payer, it will issue invoices with its VAT number. Agency Company representative will sign agreements and manage bank accounts in its name.
  • Agency Company will be liable for corporate tax only on the amount of commission it receives by the Offshore Principal (3-5% of total income).

  • To find out more, please contact us.

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