Business Relocation

Relocate to Cyprus

Why Relocate your business in Cyprus?

It’s small size and geographical position, combined with low crime and low tax on income, its’ cosmopolitan city style and international business establishments, combined with unique nature, a Mediterranean Sea and bright sun that shines over 300 days per year, makes Cyprus a popular destination and an excellent strategic location for doing business near three different continents.

Cyprus is also a member of the European Union (EU) and the European Economic Area (EEA) and in addition to the country’s competitive legal and tax framework, the new Government incentive, allows non-European Citizens to acquire residence and employment permits up to 3 (three) years, with the right of renewal upon expiration.

There are full tax exemptions on profits acquired from dividends received from abroad or from profits of permanent establishments in other countries.

Attractive Tax Environment.

Lowest tax rates in Europe: 12.5% corporate tax.
There are full tax exemptions on profits acquired from dividends received from abroad or from profits of permanent establishments in other countries (under certain circumstances). Interest and dividend taxes declared by companies to non-resident shareholders are not withheld.

Full tax exemption on sale or transfer of shares in a company, with an exception where the company owns immovable property in Cyprus. 80% tax exemption on profits derived from licensing or exploitation and gains on disposal of Intellectual property.

Register a Company in Cyprus.

Fast and Straight Forward Procedure.
Process done within days.
Registering a company in Cyprus is a fast and straight forward procedure and it can be completed within a few days.

The physical presence of the beneficial owners in Cyprus is not required and all procedures may be done distantly, through emails and couriers.

Legal Cyprus Poland Offices

As esteemed legal professionals with a profound understanding of the local markets, we are honored to maintain our main office in Cyprus, complemented by our strategic presence in Poland. This dual-office structure underscores our commitment to excellence and reinforces our ability to provide tailored legal solutions across these pivotal European jurisdictions.

Our Polish office serves as a strategic hub, enabling us to expertly navigate the intricacies of the Polish legal landscape. This positioning allows us to effectively bridge the legal landscapes of these jurisdictions, ensuring comprehensive and efficient legal services for our clients.

Cyprus has a large number of double taxation treaties with over 50 countries including Russia, China, US and the UK.

Eligible Companies for Relocation to Cyprus

Cypriot Pharmaceutical / biotechnology companies.

Cypriot Hight-Tech / innovation companies.

Public Companies registered on any recognized stock exchange.

Cypriot Shipping Companies.

Companies of Foreign Interest operating in the Republic of Cyprus (majority of the company’s shares are owned by third country nationals).

Benefits of Employment

Duration.

The employment and residency temporary permits are issued approximately within one (1) month and the duration of the residence and employment permit it is up to three (3) years, with a right of renewal.

Third country nationals.

Third country nationals employed in companies of foreign interests can exercise their right to family reunification.

Free access to labour market.

Spouses of employees who obtained a residence and employment permit in Cyprus and who receive a minimum gross monthly salary of €2,500 can have immediate and free access to the labour market.

Naturalisation of Highly Skilled Employees.

Highly skilled professionals employed by Companies designated by the Council of Ministers in the context of attracting expansion of their operations in the Republic, and their family members, can submit an application to acquire the Cypriot citizenship as long as they can satisfy the specific requirements. Applications submitted by Highly Skilled Professionals are fast tracked and reviewed within a period of maximum 8 months.

Legal Cyprus Poland Offices provides professional support, and can guide you through the entire process, explaining the necessary steps, paperwork and timeline to prepare you for a successful corporate relocation.

HR Support for Corporate Relocation

Immigration Paperwork Process Made Easy

Immigration paperwork can be overwhelming and complicated, and the process vary from one country to another and require specific industry knowledge. Our inhouse immigration specialists and legal practitioners, can ease the administrative burden on HR, and make your international assignment as successful as possible.

Our firm provides a single point of contact for all your HR needs, including the set-up of the company and immigration assistance.

Advise on the legal structure of your business

Corporate / Personal bank account opening

Company Registration & Administrative services for companies of all sizes

Immigration process for the acquisition of employment and residence permits

Our Team

Recommendations From Our Clients

Y. Vasiliou & Co LLC

4.9

Based on 70 reviews

review us on

Yossi Ezra

09:35 28 Feb 25

A recommended law firm, Andreas was available for any question, and showed great professionalism.

dagmar fisk

13:53 15 Jan 25

I would like to thank Rafael Minis for the most professional defence representation on a recent case. I admire Rafael's composure, work ethic and most of all the excellent representation.I wouldn't hesitate to use Rafael's firm in the future.Rafael and the team were extremely supportive and helpful through the whole process. Dagmar Fisk

Jeremy

09:15 15 Jan 25

Awesome. I really like them.

giorgos lazarides

05:25 15 Oct 24

Ravi Sawhney

09:22 07 Jun 24

Pleasure working with the team on a property deal. Good due diligence and communication via email and phone. Happy to work with them again.

Natalya Snigur

05:58 19 Apr 23

I am writing to express my deepest appreciation for the exceptional immigration services provided by your team. Your expertise, professionalism, and unwavering support have been instrumental in making the immigration process of my several colleagues and myself a success, and I am immensely grateful for your assistance.From the initial consultation to the final submission of any type of document, your team has been outstanding in every step of the process. Your staff is very knowledgeable and always able to guide us through the complex requirements and procedures, providing comprehensive answers to the inquiries and ensuring that I had a clear understanding of the process.Thanks to your exceptional services, our team is now successfully settled in Cyprus, and I attribute this success to your expertise and dedication. I would highly recommend your services to anyone seeking immigration support, and I am grateful for the opportunity to work with your team.Once again, thank you for your services.