You are here because you want to reduce your tax burden to 1.5% corporate income tax and 0% tax on dividends via Non-Dom status.
The best news? You don't even have to live in Cyprus all year round for this.
Thanks to the unique Cypriot 60-day rule, you can become a tax resident while staying in Cyprus for only two months a year.
At Cyprus-Consult, we take care of the complete picture: from your Cyprus company formation and business bank account to your residency application and Non-Dom status.
Fast, discreet, and fully compliant with regulations.
Preserve your freedom and legally lower your taxes.
Time and freedom are your most valuable possessions.
You are looking for an efficient business structure in the EU, but you do not want to navigate Cypriot government systems yourself, deal with a Mediterranean mentality, or be stuck with outdated immigration requirements that require you to live in one place for at least six months.
Then you have come to the right place at Cyprus-Consult.
Many local company formation agents simply sell you a standard company. They collect the incorporation fee, and as soon as you run into complicated compliance requirements or get into trouble with the tax authorities in your home country, you are completely on your own.
At Cyprus-Consult, we do not just set up your entity; we make it operational and provide you with as much legal coverage as possible.
We offer a true A-to-Z solution:
While traditional tax havens are being excluded by banks, Cyprus remains fully EU-recognized and compliant. You therefore enjoy the benefits of low taxation without the risks of an offshore jurisdiction.
Questions or comments regarding the best way to arrange everything, or setting up your Cypriot company immediately?
Countless entrepreneurs both within and outside the EU are choosing Cyprus en masse. A company in Cyprus offers a fully regulated EU structure without the stifling tax burden of Western Europe.
The main benefits at a glance:
Although the law recognizes various entities, for 99% of international entrepreneurs there is only one logical choice: the Private Limited Company (LTD, Ltd.).
The Private Limited Company is the absolute standard. The liability of shareholders is limited to their capital contribution. It is the most flexible and tax-efficient structure for e-commerce, consultancy, crypto holdings, and trading.
This is also the right choice for digital nomads who are currently self-employed, for example.
For the sake of completeness: Cyprus also has the Public Limited Company (PLC), Branch of an Overseas Company (a branch of a foreign company), and the European Company (Societas Europaea, SE). Unless you plan to go public or are a giant multinational, we advise choosing a Ltd.
Cyprus-Consult ensures that setting up your company runs smoothly and worry-free. Our process as your local Cyprus company formation agent is highly efficient:
Many firms lure you in with a low cost estimate to start a limited company, only to strangle you later with hidden fees and a lengthy incorporation process of 2 to 3 months.
Cyprus-Consult believes in clear, Western transparency:
Setting up an entity is relatively straightforward; banking is the real challenge in the current European climate. We take care of the Cyprus company formation, including a bank account.
Depending on your business activities (including high-risk or crypto), we guide you to the right local Cypriot banks or international neobanks and/or EMIs (Electronic Money Institutions).
Your capital must be able to flow freely. Cyprus-Consult handles the introduction and guidance at the compliance department.
A business in Cyprus is fantastic and offers numerous benefits, but your personal tax is just as important and even more interesting.
To benefit optimally, most of our clients combine their company formation with a physical relocation (see 60-day rule).
This activates the coveted Non-Dom status, ensuring that the personal income from your business ends up almost entirely net in your wallet.
The Benefits
A to Z Guidance
Below you can see exactly what is required: step by step. Our approach is transparent, legal, and fully guided by local experts. Naturally, we start with a no-obligation intake meeting (digital meeting) in which we discuss your situation and goals.
We start with a targeted analysis of your current situation, revenue streams, and goals. Based on specific questions, we determine the most efficient route: from the optimal business structure and leveraging the 60-day rule to obtaining your personal Non-Dom status.
We check and register your desired company name with the Registrar of Companies. Subsequently, we draft the custom articles of association (Memorandum & Articles), perfectly tailored to your specific business (or crypto) activities.
We handle all the paperwork with the government. Your company is officially registered. You receive your incorporation certificates and the unique HE number (the Cypriot enterprise number). Your entity is now a reality.
A Cypriot company is worthless without a well-functioning bank. We guide you through the strict KYC requirements and open your business accounts with top local banks (such as Bank of Cyprus) or international EMIs (such as Revolut Business or Wise Business).
We prepare your company to do business internationally. We register the entity directly with the Cyprus Tax Department and activate your European VAT number (VAT CY / VIES), so you can immediately send invoices legally and efficiently.
From day one, our partner ensures that you meet ongoing compliance requirements. Our accountancy and audit team is based at our office and, moreover, consists of registered accountants (not always the case in Cyprus!). They handle your VAT returns, reporting (IFRS), and statutory audits under one roof, with a single point of contact.
We are emigrated entrepreneurs and expats, just like you, and we understand the tax context in your home country better than many local consultants.
The administrative burden lies with us. To get started, we only need three things:
Book your free 15-minute introductory call below.
We analyze your (business) case and map out the next steps.
Relevant information
Any questions? Feel free to ask us!
No, the incorporation of a company in Cyprus can be arranged entirely remotely.
You do not need to be physically present in Cyprus, but you must reside in Cyprus for at least 2 months per year and have utilities in your name to benefit from the tax advantages.
The costs average a one-off fee of €2,500 for incorporation and approximately €3,000 per year for bookkeeping, accountancy, and all associated administrative services such as VIES, UBO, tax audit, etc.
Incorporating a company in Cyprus usually takes one month, but in some cases it can be completed within two weeks, depending on the time of year.
The most important documents are:
The approval of a company name in Cyprus takes on average 3 to 5 working days.
This process is carried out by the Department of Registrar of Companies and Intellectual Property. They check that the proposed name is unique and not too similar to existing company names or registered trademarks.
To avoid delays:
HE forms are official documents used in Cyprus to report changes in a company.
Both forms must be submitted to the Cyprus Companies Registry within 14 days of the amendment.
A Cyprus Ltd. can have a minimum of 1 and a maximum of 50 shareholders. These can be either natural persons or legal entities, from Cyprus or abroad.
Please note: With a single shareholder, a nominee structure is often used for additional privacy.
Absolutely. You are not obliged to use a Cypriot bank. You can easily open accounts in Switzerland, Lithuania (EMIs), or other jurisdictions.
Yes, 100% foreign ownership is permitted. However, for tax treaties and substance purposes, it is often desirable to conduct (partially) local management. We advise you on this.
Every company must have a locally registered address. You do not need to rent an expensive office for this; Cyprus-Consult offers this through our Virtual Office services, including mail forwarding. You can also choose to register your company at your personal address in Cyprus.
There is no statutory minimum capital required for a Ltd. In practice, a share capital of €1,000 (divided into 1,000 shares of €1) is often chosen, but this amount does not actually need to be paid up upon incorporation.
Blogs & Articles
Stay up to date with our latest publications regarding Cypriot tax legislation, the evolution of Non-Dom status, and the smartest ways to optimize your business assets and holding structures.
The die is cast: Parliament has officially approved the tax reform for 2026. The mandatory dividend distribution (DDD) is being abolished and the tax on dividends is falling from 17% to 5%. For non-doms
When you work or run a business in Cyprus, you often encounter benefits that are not paid in cash, such as a company car, free housing, school fees, or gadgets. These benefits fall under
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