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Seyshelles Company, Cyprus Bank, Accounting and Audit?

Scanman

BANNED MEMBER
Oct 13, 2017
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This combination seems to be widely promoted here (Seychelles Company with a Cyprus Bank). For a business newbie, I was wondering if anyone who HAS this type of setup, is keeping accounts critical, and will either country require end of year statements, reports etc and do either audit?

Just want to know what a person has to expect as far as maintaining legitimate books with this type of setup?