10 SOLID REASONS TO RELOCATE YOUR BUSINESS TO CYPRUS
Established and growing companies favour Cyprus as a destination
for their corporate headquarters.
Why Cyprus
Positioned at the crossroads of three continents
Member of the EU and Eurozone
English language widely spoken
Safe and secure environment
High standard but low cost of living
5th Safest Country in the world
A combination of high quality of life,
year-round sunshine and natural beauty
Enquire about Headquartering in Cyprus
1. OPEN ANY BUSINESS IN CYPRUS IN 30 DAYS
Company Registration
Name Approval
Employer Registry
Social Insurance
VAT
Income Tax
2. RESIDENCE AND EMPLOYMENT PERMITS IN CYPRUS
University diploma/or equivalent qualification of 2 years
Minimum €2500 Gross Monthly Salary
Employee's spouses allowed to work
3. EMPLOYMENT OF THIRD COUNTRY NATIONALS ALLLOWED
(with gross monthly salary less than €2.500)
In addition, the employment of third-country nationals is permitted, provided that it does not exceed 30% of all support staff and provided that the third-country national and the employer have entered into an employment contract
4. ACQUISITION OF CYPRIOT CITIZENSHIP
After 5 years of Permanent Residence and work or 4 years with very good knowledge of the Greek language
5. TAX BENEFITS & EXEMPTIONS
Income Tax exemption of 50% to new residents-employees with income of € 55.000
Lowest Corporate Taxes in Europe; only 12.5%
6. DIGITAL NOMAD/FREELANCE VISA
Self-employed or employees who work remotely with employers / clients outside Cyprus.
Validity 1 year, with the right to renew for another two years.
7. WHY CYPRUS?
Positioned at the crossroads of three continents
Member of the EU and Eurozone
Safe and secure environment
High quality of life, year-round sunshine and natural beauty
