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 €1,500Why CyprusEU member YesSchengen No
Cyprus for business and residence, in checked facts
Updated
| Checked on | Fact | Value |
|---|---|---|
| Tax Department, Ministry of Finance of Cyprus | Corporate income tax | 15% |
| Ministry of Finance of Cyprus | Tax treaties in force | 72 |
| Tax Department, Ministry of Finance of Cyprus | Days in Cyprus for the 60-day tax residence rule | 60 days |
| Tax Department, Ministry of Finance of Cyprus | Defence contribution on dividends, non-dom residents | 0% |
| 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 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.
- Company formationFrom €1,200 7–15 working days
- Name approval
- Memorandum and articles of association
- VAT registrationFrom €400 10–20 working days
- Accounting and auditFrom €1,200 20–40 working days
- Business bank accountFrom €800 10–30 working days
- Company liquidationFrom €1,800 60–180 working days
Relocate
We prepare residence applications and file them with the Migration Department.
- Work permitFrom €1,200 15–30 working days
- Eligibility review against the salary threshold
- Employer and employee documents check
- Digital nomad visaFrom €1,500 15–30 working days
- Temporary residence (pink slip)From €900 10–20 working days
- Permanent residence by investmentFrom €3,500 30–60 working days
- Yellow slip for EU citizensFrom €400 5–15 working days
- Cyprus citizenshipFrom €2,000 20–40 working days
Get licensed
We prepare the application pack for CySEC.
- Crypto (CASP) licenseFrom €30,000 60–120 working days
- Perimeter assessment
- Business plan and policies
- CIF (forex) licenseFrom €40,000 90–180 working days
Settle tax
We register you with the Tax Department and file for non-dom status.
- Non-dom and 60-day ruleFrom €500 10–20 working days
- Residence test review (183-day or 60-day rule)
- Tax identification number (TIN) registration
- Corporate tax
- Personal income tax
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.
16 packages. Scroll the table sideways to compare them.
PackageOur feeOur working timeWhat's includedNot includedGovernment feeNext step
Company formation in CyprusFrom€1,2007–15 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
Shelf company transferFrom€2,5003–7 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
Registered office and virtual officeFrom€4001–3 working days
- Registered office address for 12 months
- Mail scanning
- Government and registry fees (paid at cost)
- Physical desk or meeting room
Business bank account supportFrom€80010–30 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
VAT registration in CyprusFrom€40010–20 working days
- VAT registration application
- VIES activation request
- Government and registry fees (paid at cost)
- Periodic VAT returns
Annual accounting and tax returnFrom€1,20020–40 working days
- Bookkeeping for the financial year
- Financial statements
- Corporate tax return
- Government and registry fees (paid at cost)
- Statutory audit fee
Company secretary and statutory registersFrom€6001–5 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
Company liquidation or strike-offFrom€1,80060–180 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
Permanent residence by investment applicationFrom€3,50030–60 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
Temporary residence permit (pink slip) applicationFrom€90010–20 working days
- Eligibility review
- Document checklist
- Application filing
- Government and registry fees (paid at cost)
- Health insurance
Yellow slip (EU registration certificate) applicationFrom€4005–15 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
Cyprus work permit applicationFrom€1,20015–30 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
Startup visa applicationFrom€2,00015–30 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
Citizenship by naturalisation applicationFrom€2,00020–40 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
Tax residency and non-dom registrationFrom€50010–20 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
Digital nomad visa applicationFrom€1,50015–30 working days
- Eligibility review
- Income documents check
- Application filing
- Government and registry fees (paid at cost)
- Health insurance
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 listWhy 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.
ParameterCyprusMaltaChecked on
Corporate income taxStandard rate since 1 January 2026. Malta’s figure is its headline rate, before shareholder refunds.15%35%Checked on Tax Department, Ministry of Finance of Cyprus
Dividend withholding taxDomestic law; higher rates apply to companies in EU-blacklisted and low-tax jurisdictions.0%0%Checked on PwC Worldwide Tax Summariessecondary source
Standard VAT rateRegistration becomes mandatory once taxable supplies pass €15,600.19%18%Checked on PwC Worldwide Tax Summariessecondary source
Company registration timeSlower than Malta: plan the start date of your business around it.10 days1 dayChecked on Department of Registrar of Companies and Intellectual Property
Who this is not for
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.
Checked on Department of Registrar of Companies and Intellectual Property
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.
Checked on GK Law Firmsecondary source
You want an address on paper only. The registered office must be a real office in Cyprus, not a mailbox.
Checked on Department of Registrar of Companies and Intellectual Property
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.
| Step | What we do | When | What you get |
|---|---|---|---|
| Request and quoteRemote | We read your request, check which route fits your case and send a quote. | We usually reply within one business day. |
|
| DocumentsRemote | We prepare the forms, draft what has to be drafted and check your documents against the authority’s list. | After you accept the quote |
|
| FilingRemote | We file with the Registrar of Companies, the Tax Department, the Migration Department or CySEC and follow the file. | Within our working time |
|
| ResultRemote | We pass on the decision, the certificate or the permit, and tell you what the law requires next. | When the authority decides |
|
| Our part for a company registration | 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 daysChecked on Department of Registrar of Companies and Intellectual Property | ||
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 field links to its source and shows the date we checked it.
Facts checked onEditorial policy
| No. | Field | Value | Source |
|---|---|---|---|
| 1.1 | Corporate income tax | 15% | [1] |
| 1.2 | Dividend withholding tax | 0% | [2] |
| 1.3 | Standard VAT rate | 19% | [2] |
| 1.4 | Top personal income tax rate | 35% | [1] |
| 1.5 | Remote registration | Yes | [3] |
| 1.6 | Annual government fee | €0 | [3] |
| 1.7 | Statutory audit | Yes | [3] |
| 1.8 | Business account for a non-resident company | Difficult | [4] |
Source:[1]Tax Department, Ministry of Finance of Cyprus[2]PwC Worldwide Tax Summariessecondary source[3]Department of Registrar of Companies and Intellectual Property[4]GK Law Firmsecondary source
Checked on
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.
Checked on cy-drcor-levy-abolition
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, 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
Corporate income tax15%Checked on Tax Department, Ministry of Finance of Cyprus
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.
Checked onIs 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.
Checked onWhat 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.
Checked onWhat 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.
Checked onWhich 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.
Tax identification number (TIN)
A new Cyprus company must obtain its tax identification number within 60 days of incorporation.
Company formationFrom €1,200Buying 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 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.
- We usually reply within one business day.
- We send a quote and the document list for your case.
- You accept the quote; we start and report after each filing.