Cyprus stands out as one of the most economically free and business-friendly countries in Europe. With its stable and welcoming financial environment, it has become an increasingly attractive destination for business relocation.
Entrepreneurs from around the world are choosing Cyprus for its strategic location, providing seamless access to European, Asian, and Middle Eastern markets. Coupled with a favorable tax regime and a reliable legal framework, Cyprus has emerged as a top choice for business relocation in recent years.
In this guide, we will explore the key steps and advantages of relocating your business to Cyprus.
Advantages of Relocating Your Business to Cyprus
Company Registration
On average, the process of registering a company in Cyprus takes around two weeks. The registration procedure typically involves the following steps:
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Reserving a Trade Name
Choosing and reserving a unique company name to ensure it is available for use. -
Document Preparation and Submission
Compiling and submitting all necessary documents for the registration process. -
Company Registration with the Registrar
Officially registering the company in the Cyprus Company Registry. -
Obtaining a Taxpayer Identification Number
Securing the company's tax ID number for compliance and reporting purposes. -
Acquiring Necessary Licenses
Obtaining any required licenses, depending on the nature of the business.
Conclusion
Relocating a business to Cyprus is, today, one of the most effective solutions for IT companies and beyond. Leading global companies continue to move their offices to Cyprus and relocate their staff. This trend is largely driven by the high quality of life, low tax rates, the opportunity to obtain residency, a thriving business environment, and many other advantages. It is safe to say that relocating to Cyprus is one of the best decisions for almost any type of business.
Our Services
We provide all services for business relocation, migration, real estate, payment solutions, IT and advertising - fully turnkey.
Corporate Services
- Selection of ownership form and structure
- Selection of an available company name and name registration
- Turnkey company registration
- Tax number, VAT registration
- Cyprus tax residence
- Company secretary, director & nominee services
- Company management and reorganization
- Office rental, virtual office
- Accounting, audit, tax optimization
- Trust services
- International contracts, export & import
- Hiring highly qualified staff
- Fintech, gold and turnkey licenses
- Permits
- Registration of international company status BSC, IT Box (0-5% corporate tax)
- Trademark development and registration in Cyprus & EU
- Branding
- Ready companies with accounts
- Turnkey fintech & payment systems
- Turnkey online casino
- Bank and financial institution selection
- Account opening support
- Turnkey payment instruments
- Acquiring
Migration Services
- Selection of vacancies for a specialist (applicant)
- Examination of documents, collection of a full package of documents, legalization
- Support of negotiations with the employer for the candidate
- Turnkey support for document registration with the migration service
- Assistance in obtaining all necessary documents (residence permit)
- Examination of documents, collection of a full package of documents, legalization
- Turnkey support for document registration with the migration service
- Assistance in obtaining all necessary documents (residence permit)
- Examination of documents, collection of a full package of documents, legalization
- Turnkey support for document registration with the migration service
- Assistance in obtaining all necessary documents (residence permit)
- Selection and support for the purchase of real estate suitable for this type of residence permit, consultations
- Examination of documents, collection of a full package of documents, legalization
- Turnkey support for document registration with the migration service
- Assistance in obtaining all necessary documents (residence permit)
- Examination of documents, collection of a full package of documents, legalization
- Turnkey support for document registration with the migration service
- Assistance in obtaining all necessary documents (residence permit)
- Processing from 6 months, expedited with official state payment (5,000 Eur)
- Registration based on residence in Cyprus for 3 years for certain categories (specialists of international companies)
- Examination of documents, collection of a full package of documents, legalization
- Calculation of the required residence period in Cyprus for various types of residence permits and permanent residence (naturalization)
- Turnkey support for document registration with the migration service
- Support in obtaining all necessary documents (citizenship certificate and Cyprus passport)
- Support for obtaining any type of insurance and selection of an insurance agent
- Translation and legalization of various documents in accordance with the requirements of different authorities
- Request of certificates, including certificates of no criminal record, from different countries
- Apostille of any documents
- Company certificates with apostille
Real Estate
- Consultations on types of real estate and title documents
- Selection of real estate and organization of viewings
- Full support in interaction with a real estate agency or private seller
- Legal due diligence and property expertise
- Selection of a certified lawyer to support the contract and transfer of ownership (title)
- Support in issuing powers of attorney
- Title transfer support
- Transfer of utility contracts (electricity, water supply, waste removal, etc.) to the buyer’s name
- Verification of outstanding debts related to the property
- VAT refund when purchasing new real estate
- Examination of documents, collection of a full package of documents, legalization
- Turnkey support for document registration with the migration service
- Assistance in obtaining all necessary documents (residence permit)
- Review of available properties
- Consultations on types of real estate and title documents
- Selection of real estate and organization of viewings
- Support in submitting applications to banks or participation in tenders
- Obtaining approval
- Full support in negotiations with banks
- Full support in concluding contracts
- Support in transferring ownership rights and obtaining title
- Transfer of utility contracts to the tenant's name
Payment Solutions
- Consultations on banking and financial institution services, preliminary client assessment
- Selection of a bank or financial institution
- Preparation of documents for opening a bank account
- Compliance support, KYC, interview
- Account opening
- Agreement of banking terms and payment limits
- Full support of account operations (transactions, requests, documents, KYC, compliance)
- Online banking
- Payment cards
- Payment solutions structure upon client request
- Cross-border payments and currency conversions
- Consultations on banking and financial institution services, preliminary assessment and structure analysis
- Selection of a bank or financial institution
- Selection and verification of corporate structure participants in accordance with bank requirements
- Preparation of documents for account opening
- Compliance support, KYC, interview
- Full onboarding support
- Account opening
- Agreement on banking terms and limits
- Full support of corporate account operations
- Online banking
- Payment cards
- Payment solutions structure upon client request
- Cross-border payments and currency conversions
- Crypto integration
- Acquiring and connection of all payment methods
- Onboarding and integration with payment and crypto conversion systems
- Structuring of complex payment solutions and optimization
IT Services
Advertising Services
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