Why CyprusEU member YesSchengen No

Cyprus for business and residence, in checked facts

Updated

Cyprus in four facts
FactValue
Corporate income tax15%11011
Tax treaties in force722
Days in Cyprus for the 60-day tax residence rule60 days112
Defence contribution on dividends, non-dom residents0%313
Facts checked on

An EU member state with 15% corporate tax from 1 January 2026, 72 tax treaties in force and a non-dom regime for new residents. We handle the paperwork behind it: company formation, residence and work permits, tax registration and CySEC licences, each with its own page and published fee.

Services

Pick the task, see our fee

Each line shows our fee and our working time from the service package. Company formation starts at €1,200 for our work, usually 7–15 working days.

Government fees are paid separately at cost and are listed below with their source. Indicative prices; the final quote depends on your case.

Run a business

We register the company, file it for VAT and keep its books.

Relocate

We prepare residence applications and file them with the Migration Department.

Get licensed

We prepare the application pack for CySEC.

Settle tax

We register you with the Tax Department and file for non-dom status.

See all prices

Prices

Our fees, line by line

Every package has an open price and a working time. We agree your quote in writing before any work starts.

18 packages. Scroll the table sideways to compare them.

PackageOur feeOur working timeWhat's includedNot includedGovernment feeNext step
Company formation in CyprusFrom€1,200usually 7–15 working days
  • Name approval
  • Memorandum and articles of association
  • Filing with the Registrar of Companies
  • Tax registration (TIN)
  • Government and registry fees (paid at cost)
  • Registered office address
  • Bank account opening
€1655Get a quote
Shelf company transferFrom€2,500usually 3–7 working days
  • Company history and good-standing check
  • Share transfer documents
  • Change of officers filing
  • Government and registry fees (paid at cost)
  • Price of the shelf company itself
Named in your quoteGet a quote
Registered office and virtual officeFrom€400usually 1–3 working days
  • Registered office address for 12 months
  • Mail scanning
  • Government and registry fees (paid at cost)
  • Physical desk or meeting room
Named in your quoteGet a quote
Business bank account supportFrom€800usually 10–30 working days
  • Bank shortlist for your profile
  • KYC file preparation
  • Application submission and follow-up
  • Government and registry fees (paid at cost)
  • Account fees charged by the bank
Named in your quoteGet a quote
VAT registration in CyprusFrom€400usually 10–20 working days
  • VAT registration application
  • VIES activation request
  • Government and registry fees (paid at cost)
  • Periodic VAT returns
Named in your quoteGet a quote
Annual accounting and tax returnFrom€1,200usually 20–40 working days
  • Bookkeeping for the financial year
  • Financial statements
  • Corporate tax return
  • Government and registry fees (paid at cost)
  • Statutory audit fee
Named in your quoteGet a quote
Company secretary and statutory registersFrom€600usually 1–5 working days
  • Company secretary appointment for 12 months
  • Statutory registers kept up to date
  • Annual return filing with the Registrar of Companies
  • Government and registry fees (paid at cost)
  • Registered office address
  • Accounting and audit
Named in your quoteGet a quote
Company liquidation or strike-offFrom€1,800usually 60–180 working days
  • Choice of procedure
  • Filings with the Registrar of Companies
  • Final tax clearance steps
  • Government and registry fees (paid at cost)
  • Statutory liquidator fees where a liquidator is required
Named in your quoteGet a quote
Permanent residence by investment applicationFrom€3,500usually 30–60 working days
  • Eligibility review
  • Investment and income documents
  • Application filing with the migration authority
  • Family members on the same file
  • Government and registry fees (paid at cost)
  • Investment amount
  • Translations and apostilles
Named in your quoteGet a quote
Temporary residence permit (pink slip) applicationFrom€900usually 10–20 working days
  • Eligibility review
  • Document checklist
  • Application filing
  • Government and registry fees (paid at cost)
  • Health insurance
Named in your quoteGet a quote
Yellow slip (EU registration certificate) applicationFrom€400usually 5–15 working days
  • Eligibility check for EU/EEA/Swiss citizens
  • Form MEU1 and supporting documents
  • Appointment booking and filing
  • Government and registry fees (paid at cost)
  • Health insurance
  • Translations
Named in your quoteGet a quote
Cyprus work permit applicationFrom€1,200usually 15–30 working days
  • Eligibility review against the salary threshold
  • Employer and employee documents check
  • Application filing
  • Government and registry fees (paid at cost)
  • Translations and apostilles
  • Medical certificates
Named in your quoteGet a quote
Startup visa applicationFrom€2,000usually 15–30 working days
  • Eligibility review for Category A or B
  • Business plan structure for the evaluation
  • Application filing and residence permit follow-up
  • Government and registry fees (paid at cost)
  • Company formation
  • Translations and apostilles
Named in your quoteGet a quote
Citizenship by naturalisation applicationFrom€2,000usually 20–40 working days
  • Residence history check against the years rule
  • Form M127 and supporting documents
  • Filing at the District Administration Office
  • Government and registry fees (paid at cost)
  • Greek language exam and civics test
  • Translations and apostilles
Named in your quoteGet a quote
Tax residency and non-dom registrationFrom€500usually 10–20 working days
  • Residence test review (183-day or 60-day rule)
  • Tax identification number (TIN) registration
  • Non-domicile status application
  • Government and registry fees (paid at cost)
  • Annual personal tax returns
  • Tax advice on a specific transaction
Named in your quoteGet a quote
Digital nomad visa applicationFrom€1,500usually 15–30 working days
  • Eligibility review
  • Income documents check
  • Application filing
  • Government and registry fees (paid at cost)
  • Health insurance
Named in your quoteGet a quote
Legal support for foreigners in CyprusFrom€500usually 5–20 working days
  • Review of your situation and documents
  • Letters, applications and pre-trial demands drafted for you
  • Translations coordinated
  • Correspondence with authorities
  • Government and registry fees (paid at cost)
  • Court representation
  • Notarial fees
Named in your quoteGet a quote
Property purchase legal check in CyprusFrom€1,500usually 10–30 working days
  • Title deed and encumbrance check
  • Sale agreement review
  • Tax number and power of attorney arranged
  • Contract deposit and title transfer follow-up
  • Government and registry fees (paid at cost)
  • Transfer fees and stamp duty
  • Estate agent fees
Named in your quoteGet a quote

Our fees on this list€400 – €3,500

Government fees are paid separately at cost and are listed below with their source. Indicative prices; the final quote depends on your case.

Each price covers the standard case described in its package. Anything outside it, such as extra shareholders or translations, is quoted before work starts.

Full price list

Why Cyprus

Cyprus against Malta, fact by fact

Cyprus charges 15% corporate income tax from 1 January 2026, takes 0% withholding tax on dividends paid to non-residents under its own law, and registers a company in about 10 days.

ParameterCyprusMaltaSource
Corporate income taxStandard rate since 1 January 2026. Malta’s figure is its headline rate, before shareholder refunds.15%35%11011
Dividend withholding taxDomestic law; higher rates apply to companies in EU-blacklisted and low-tax jurisdictions.0%0%14
Standard VAT rateRegistration becomes mandatory once taxable supplies pass €15,600.19%18%15
Company registration timeSlower than Malta: plan the start date of your business around it.10 days1 day516

Who this is not for

  1. You want a company without audited accounts. Cyprus companies file audited financial statements every year; only small private companies under set thresholds may use a review instead.

    7817

  2. You need a business bank account within days. Opening one for a non-resident company is rated “difficult”, and account opening is not part of our registration fee.

    1819

  3. You want an address on paper only. The registered office must be a real office in Cyprus, not a mailbox.

    9

How we work

The same four steps for every service

Company, residence permit, tax registration or licence: the work runs in the same order. Our working time is in each package; the authority’s own time is shown separately.

StepWhat we doWhenWhat you get
Request and quoteRemoteWe read your request, check which route fits your case and send a quote.We usually reply within one business day.
  • Written quote
  • List of documents we need from you
DocumentsRemoteWe prepare the forms, draft what has to be drafted and check your documents against the authority’s list.After you accept the quote
  • Filled forms to sign
  • Checklist with every document marked
FilingRemoteWe file with the Registrar of Companies, the Tax Department, the Migration Department or CySEC and follow the file.Within our working time
  • Filing receipt
  • Status updates while the authority reviews
ResultRemoteWe pass on the decision, the certificate or the permit, and tell you what the law requires next.When the authority decides
  • Certificate, number or permit
  • Next deadlines in writing
Our part for a company registrationusually 7–15 working days
Registrar of Companies, name approval includedDepends on the authority. Each service page shows its own authority time where one is published.10 days516

The authority decides on every application. We answer for complete documents and for filing them on time.

Our quote is agreed in writing before work starts. Government fees are paid separately at cost and are listed below with their source.

Key facts

Cyprus at a glance, as an extract

Tax, company and banking figures that decide most cases. Each figure carries a footnote to the numbered source list at the bottom of the page.

Facts checked onEditorial policy
No.FieldValueSource
1.1Corporate income tax15%11011
1.2Dividend withholding tax0%14
1.3Standard VAT rate19%15
1.4Top personal income tax rate35%413
1.5Remote registrationYes516
1.6Annual government fee€06
1.7Statutory auditYes7817
1.8Business account for a non-resident companyDifficult1819

Figures checked

Changed

The annual company levy was abolished by a law published on 15 March 2024, so the annual government fee now reads €0. The annual return still carries its own filing fee.

6

Principles

What we do, and what we will not do

Every principle links to the page where you can check it.

Cyprus reference data checked on

What we do

  • We publish our fee and working time before you write to us: company formation from €1,200, usually 7–15 working days.Price list
  • We show every fact with the date we checked it and a link to the law or government page it comes from.Editorial policy
  • We list what each package leaves out, government fees first.What packages exclude
  • We use the details you send only to answer your request.Privacy Policy

What we do not do

  • We do not promise an outcome. The Registrar, the Migration Department and CySEC decide; we answer for complete filings, made on time.
  • We do not fold government fees into our price. They are paid at cost and shown separately.
  • We do not sell closed programmes. Citizenship by investment in Cyprus closed on 1 November 2020; naturalisation is the route that remains.Cyprus citizenship
  • We do not advise on your personal legal position. Pages on this site are general information.Legal disclaimer
How a fact looks on this site

Corporate income tax15%11011

Get a quote before any work starts

FAQ

Cyprus for companies and new residents: short answers

Why do companies choose Cyprus?

Mostly for tax and EU access: 15% corporate income tax from 1 January 2026, 72 tax treaties in force and EU membership. Registration cost and timing are on our company formation page.

Is a company registered in Cyprus automatically tax resident there?

From 1 January 2026, yes, unless a tax treaty provides otherwise. Management and control in Cyprus remains the second test, so a company run from abroad can be claimed by two countries.

What is the 60-day rule?

An individual can become Cyprus tax resident after 60 days in Cyprus in a year, if they spend no more than 183 days in any other single state and meet the other conditions of the rule.

What does non-dom status change?

A Cyprus tax resident who is not Cyprus-domiciled pays 0% defence contribution on dividends and interest. The status has limits in time; the details are on our non-dom page.

Which work permit fits an employee of a foreign-owned company?

The permit for highly paid staff of companies of foreign interests. The salary threshold is €2,500/month gross, and the Migration Department decides in about 1 month.

Can I live in Cyprus and keep working for clients abroad?

Yes, with the digital nomad visa, if your income reaches €3,500/month and your employer or clients are outside Cyprus.

Can I still get Cyprus citizenship by investment?

No. The Cyprus Investment Programme closed on 1 November 2020. Naturalisation after 8 years of legal residence is the standard route that remains.

Do you guarantee that an application will be approved?

No. The Registrar, the Tax Department, the Migration Department and CySEC decide on every file. We answer for complete documents filed on time, and we tell you before filing if something in your case could delay it.

Guides

Answers before you apply

Each guide starts with the figure you came for and names its source.

RelocationUpdated

Moving to Cyprus

Under the 60-day tax residency rule you can become Cyprus tax resident after 60 days in Cyprus, if you spend no more than 183 days in any other single state and meet the other conditions.

Digital nomad visaFrom €1,500
  1. TaxUpdated

    Tax identification number (TIN)

    A new Cyprus company must obtain its tax identification number within 60 days of incorporation.

    Company formationFrom €1,200
  2. PropertyUpdated

    Buying property: legal checklist

    For permanent residence through property, the home must be a first sale from a developer and cost at least €300,000 plus VAT.

    Permanent residence by investmentFrom €3,500

Request

Tell us about your case

Two short groups of fields. We answer with a quote and the list of documents we need.

Package for this request

Company formation in Cyprus

From €1,200 usually 7–15 working days
  • Name approval
  • Memorandum and articles of association
  • Filing with the Registrar of Companies

Government fees are paid separately at cost and are listed below with their source.

What happens next

  1. We usually reply within one business day.
  2. We send a quote and the document list for your case.
  3. You accept the quote; we start and report after each filing.
Your case
Your contacts

We use your details only to answer this request.

We usually reply within one business day.

Legal disclaimerThe information on this site is general and is not legal advice for your specific situation.Editorial policy

Sources

19Primary 9 · Checked on
  1. 1Tax Department, Ministry of Finance of CyprusGovernmentIncome Tax (Amending) Law N. 244(I)/2025 - Tax Department presentation
  2. 2Ministry of Finance of CyprusGovernmentDouble Tax Treaties
  3. 3Tax Department, Ministry of Finance of CyprusGovernmentSpecial Contribution for the Defence (Amending) (No. 4) Law of 2025 - Tax Department presentation
  4. 4Tax Department, Ministry of Finance of CyprusGovernmentExplanatory guide on the 2026 tax reform for individuals who are Cyprus tax residents (version 11/05/2026)
  5. 5Department of Registrar of Companies and Intellectual PropertyGovernmentApplying to incorporate a Company
  6. 6Department of Registrar of Companies and Intellectual PropertyGovernmentAbolition of the annual company fee for the year 2024 onwards
  7. 7Department of Registrar of Companies and Intellectual PropertyGovernmentAfter Incorporation
  8. 8Department of Registrar of Companies and Intellectual PropertyGovernmentFinancial Statements and Annual return
  9. 9Department of Registrar of Companies and Intellectual PropertyGovernmentRegistered Office Address
  10. 10PwC Worldwide Tax SummariesSecondaryCyprus - Corporate - Taxes on corporate income
  11. 11HarneysSecondaryA new era for Cyprus taxation: the key insights of the 2026 Cyprus tax reform
  12. 12PwC Worldwide Tax SummariesSecondaryCyprus - Individual - Residence
  13. 13PwC Worldwide Tax SummariesSecondaryCyprus - Individual - Taxes on personal income
  14. 14PwC Worldwide Tax SummariesSecondaryCyprus - Corporate - Withholding taxes
  15. 15PwC Worldwide Tax SummariesSecondaryCyprus - Corporate - Other taxes
  16. 16Spencer WestSecondaryHow to register a company in Cyprus in 2025
  17. 17Iacovou & CoSecondaryCyprus Statutory Audit Requirements 2026
  18. 18GK Law FirmSecondaryHow to open a Cyprus bank account for foreigners or companies
  19. 19Elias Neocleous & Co LLCSecondaryCentral Bank of Cyprus guidance on dealings with shell companies

How we choose sources and how often we re-check them is set out in our Editorial policy