★★★★★ “Was super easy to get the special 3% IP corporate tax for my software business. Everything else is awesome as well!”
Jonas Strambach
Low taxes in Cyprus. Legally.
Low taxes in Cyprus. Legally.
Your #1 partner for formation, accounting & legal matters
- Low corporate tax (3% or 15%) It depends on the type of business income.3% can apply to qualifying IP Box income (for example eligible software, patents, utility models, and licensing income).Non-qualifying income is generally taxed at 15%; final outcomes depend on your individual circumstances and desired structure. We will discuss your options in the call.
- 0% tax on dividends
- 0% capital gains tax
- Tax residency in just 60 days per year Under Cyprus' 60-day rule, you can become tax resident with at least 60 accumulated days in-country each year (days can be non-consecutive).You must not be tax resident elsewhere, cannot spend over 183 days in any other country, and need genuine Cyprus ties (home + active business role).
- We speak 🇬🇧 🇬🇷 🇩🇪 🇪🇸 🇳🇱 🇫🇷 🇮🇹 Our lawyers & accountants speak English 🇬🇧 and Greek 🇬🇷.A translator can join your conversation with us for the following languages: German 🇩🇪, Spanish 🇪🇸, Dutch 🇳🇱, French 🇫🇷 & Italian 🇮🇹.
Free consultation
Clients from 15+ countries
Excellent 
Free consultation
Clients from 15+ countries
Excellent
Trusted by hundreds of happy customers for 20+ years
★★★★★ “Helped me with my IP company here in Cyprus. A huge recommendation for those who look for somebody reliable”
Pedram Ghozat
★★★★★ “Love working with Mario, Andreas and their team. Everything's smooth and simple.”
Cagdas Demirel
★★★★★ “it was very useful to have people who understand the system, the taxes and who kept away the headaches with the paperwork. Very good, very easy, very professional and I'm happy to continue!”
Chris Lembens
★★★★★ “I'm very happy and they are extremely competent and professional.”
Karina Fehl
Cyprus flag Cyprus vs.
Choose your income type
Tax savings calculator
Pre-tax profit €4,000,000
€100k €10m+
Model assumptions
Selected country
€360,000
9% tax rate
Cyprus tax
€100,000
3% IP Box rate
net difference
€260,000
72% net difference
If you paid out all profit as dividends, you'd keep €288,750 in Cyprus (0% dividend tax) versus €187,704 in Portugal ( 28% WHT ) , a net difference of +€101,046 ( +54% net).
+€0 more in your pocket in 10 years
Assumes reinvesting yearly after-tax dividends at 10% annual growth.
Cyprus €0 Selected country €0
After 10 years, that's 0 more homes, 0 more cars, 0 more dream vacations, or additional ~€0 per year in average stock market returns.
Why real builders from
come to Cyprus
Quality of Life
🇨🇾 Cyprus
9/10
- Mediterranean island lifestyle
- ~320 sunny days with great weather
- Walkable cities
- Freedom of speech / choice
- Low bureaucracy
- Subpar public transport system
🇬🇧 UK
7/10
- Global finance + tech hub
- Elite universities + culture
- Excellent public transport in major cities
- Gray weather
- High personal taxes & NI
- Expensive housing / childcare
Crime Rate
🇨🇾 Cyprus
Low
🇬🇧 UK
Medium
Healthcare
🇨🇾 Cyprus
9/10
- Free national coverage
- Modern EU-standard hospitals
- Usable across the EU
🇬🇧 UK
8/10
- Universal NHS coverage
- World-class specialists in London/Cambridge
- Long NHS waiting lists
- Private insurance needed for faster access
Effective Corporate Tax
🇨🇾 Cyprus
3% with IP Box
15% for everything else
🇬🇧 UK
10% Patent Box on qualifying IP profits
19% for small profits, 25% main rate for the rest.
Dividend Tax
🇨🇾 Cyprus
0%
🇬🇧 UK
8.75–39.35%
Basic rate 8.75%, higher 33.75%, additional 39.35% plus £500 annual allowance
Capital Gains Tax
🇨🇾 Cyprus
0%
20% CGT on Cypriot real-estate disposals; personal gains on other assets are generally outside CGT
🇬🇧 UK
10–20%
10% basic-rate / BADR, 20% higher-rate (28% on residential property)
Tax Residency Requirements
🇨🇾 Cyprus
60 days
🇬🇧 UK
183+ days
Statutory Residence Test combines day count with UK ties
Sunny Days per Year
🇨🇾 Cyprus
~320 days
🇬🇧 UK
~160 days
Banking & Payment Processors
🇨🇾 Cyprus
Easy
🇬🇧 UK
Easy
Global fintech hub (Wise, Revolut, Stripe UK) though strict AML for non-residents
Cost of Living
🇨🇾 Cyprus
1.000–2.000 €
🇬🇧 UK
2.500–4.000 € (London & South East)
Residency & Visa Requirements
🇨🇾 Cyprus
Easy
🇬🇧 UK
Medium
Points-based Skilled Worker & Innovator visas require sponsorship, salary thresholds, and UK presence
Path to Passport
🇨🇾 Cyprus
Yes
EU passport after ~7 years of residency
🇬🇧 UK
Yes
Indefinite Leave to Remain after 5 years; citizenship 12 months later with Life in the UK test
EU market access
🇨🇾 Cyprus
Full EU member
🇬🇧 UK
Outside EU (post-Brexit)
Winning Encouraged in Society
🇨🇾 Cyprus
HELL YES!
Winning is openly respected and ambitious founders are taken seriously.
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Digital-first collaboration
We are digital-first: our client platform gives you 24/7 access to invoices, documents, requests, tasks, and the full status of your company setup in one place. For quick communication, we're also available in the tools you already use including Slack WhatsApp and Email . But don't worry, you can meet us in person anytime!
The best of all worlds
- Full setup in 30 days Company formation, immigration, residency permit, etc.
- Tier-1 banks & payment processors Revolut, Wise, Paypal, Stripe, Adyen, Klarna, Shopify Payments & more
- 320 sunny days per year
Cyprus combines founder-friendly taxes with Mediterranean quality of life and full EU access. You get 320+ sunny days, English-speaking services, modern infrastructure, international schools, affordable private healthcare, and direct flights to major cities in Europe, Asia, the Middle East, and North Africa.
FAQs
I'm interested. What's the next step?
Just enter your work email in the form above and you'll be taken to our calendar to book a free discovery call with our founding team. On that call we look at your specific situation, your business type, your revenue, where you're currently based, and we give you a clear picture of what you'd actually save and how the whole move would work. No obligations, no pressure, and it takes less than 60 seconds to book.
Is this actually legal? It sounds too good to be true.
Yes, 100%. Cyprus has been a full EU member state since 2004. The tax rates, the Non-Dom regime, the 60-day residency rule, all of it is written into Cyprus and EU legislation and fully approved by the OECD. The EU recently mandated that every member state has to have at least a 15% corporate tax rate, and Cyprus already meets that. So 15% is the baseline, but there are legal ways to go even lower. If your business earns income from software, patents, or licensing, the IP Box regime brings your effective corporate rate down to about 3%. And even at the standard 15%, once you add 0% on dividends, 0% capital gains, and 0% on a company sale, the total tax burden ends up being a fraction of what you'd pay anywhere else in Europe. Big four accounting firms structure these setups for their own clients, and we've done over 2,000 of them ourselves.
My business doesn't have IP. Is it still worth moving to Cyprus?
Most of our clients don't have IP income actually. They run eCommerce stores, agencies, consulting firms, trading companies, coaching businesses. The standard corporate tax rate here is 15%, which alone is already half of what you'd pay in Germany, France, or Scandinavia. But the real savings come from what happens after corporate tax. As a Non-Dom, your dividends are taxed at 0%. Capital gains on securities are 0%. And if you ever sell the company, that's also 0%. So even without the IP Box, you're only getting taxed once at 15%, and then everything after that is yours. In most of Europe that same money would get taxed three or four times.
What services do you actually offer?
We are an A-to-Z Cyprus partner, not just an incorporation shop. We handle setup, legal, tax, finance, and ongoing operations under one roof:
- Company formation and structuring (new entity, group setup, or migration path)
- Advanced structuring for multi-entity groups, transfer pricing, IP migration, licensing arrangements, and investor-led ownership setups
- Shareholder setup, constitutional documents, and corporate secretarial filings
- Tax number, VAT number, and VIES registration
- Non-Dom and Cyprus tax residency planning for founders and shareholders
- Residency permit strategy and immigration coordination for non-EU founders
- Bank account opening support with local banks and fintech providers
- Payment processor onboarding (Stripe, PayPal, Adyen, Shopify Payments, and more)
- Bookkeeping, monthly reporting, and year-end financial statements
- Payroll setup, social insurance registration, and salary administration
- VAT returns, VIES submissions, and recurring compliance filings
- Annual corporate tax coordination and authority communication
- Audit coordination and statutory reporting where required
- Legal drafting and review (service agreements, NDAs, terms, privacy documentation)
- Commercial contracts and shareholder agreements
- IP and licensing documentation support
- Substance setup support (office, utilities, local process requirements)
- Ongoing compliance monitoring as your company scales
If you already have parts in place, we can plug into your existing setup and only take over what you need.
Can 93Tax handle complex international structures or VC-backed companies?
Yes. We handle straightforward Cyprus setups and more advanced work usually associated with much larger advisory firms. That includes cases where there are multiple entities, multiple jurisdictions, outside investors, licensing flows, or a need to align ownership, substance, and tax treatment across the group.
- Cyprus holdcos, parent-company structures, and cross-border ownership layers
- Transfer-pricing-sensitive intercompany arrangements and supporting documentation
- IP migrations, licensing structures, and qualifying IP ownership alignment
- Investor, VC, and diligence-sensitive shareholder structures
- Substance-led implementations built for bank, investor, and compliance scrutiny
The right setup depends on your specific circumstances, so book a call with us and we're happy to help.
Do I have to shut down my company back home?
Not necessarily. It really depends on your situation and there are several ways to go about it. Some of our clients set up a new company here in Cyprus and shift operations over gradually. Others restructure so the Cyprus entity becomes the parent company. In some cases you can actually migrate the whole company directly without shutting anything down. And sometimes it makes more sense to keep the company in your home country and simply own it from Cyprus as a shareholder. Because as a Non-Dom here, the dividends and capital gains that flow to you personally are tax-free. So you end up with just one layer of tax at the company level and nothing on top when the money reaches you. We also work on more complex cases where there are multiple jurisdictions, investor layers, intercompany agreements, or IP that needs to sit in the right entity. We figure out which approach works best for your specific case in the first consultation.
What happens during the 30-day setup?
- Week 1 (remote): We file incorporation, prepare shareholder documents, and guide you through e-signing everything.
- Week 2 (remote): Tax and VAT numbers come through. We onboard directors and submit the bank KYC pack.
- Week 3 (in Cyprus): You fly in for biometrics. We walk you through social insurance, GeSY registration, and residency appointments.
- Week 4 (in Cyprus + remote): Bank accounts activate. We set up your bookkeeping stack and hand over your full compliance binder.
Timeline assumes you send requested documents within 48 hours.
How does the 60-day rule actually work?
To become a tax resident in Cyprus you only need to spend 60 days here per year. Not 183 like most countries require. And the days don't need to be consecutive, you can spread them across the year however you want. The main conditions are that you can't be a tax resident in any other country, meaning you can't spend more than 183 days anywhere else, and you need real substance in Cyprus. That means a permanent home, a company that actually operates from here, and real business decisions being made on the ground. We help you set all of that up from day one and we track your travel days throughout the year so you always stay fully compliant.
Won't I get taxed in both countries?
That's probably the most common concern we hear, and it's completely understandable. But that's exactly what double taxation treaties are designed to prevent. Cyprus has signed these treaties with over 65 countries, including Germany, France, the UK, the Netherlands, Austria, and most of the EU. When your tax residency is properly established here in Cyprus, your home country cannot also tax that same income. You're taxed where you're resident, period. The key word though is "properly." The structure, substance, and documentation all need to be set up correctly from the start. That matters even more once you have multiple entities, cross-border flows, or transfer-pricing considerations, because the paper trail has to line up across the whole structure. That's what we specialise in and it's a big part of why people come to us rather than trying to do it on their own.
How long does the 0% dividend benefit last?
When you relocate to Cyprus you automatically receive Non-Domicile status, and that gives you 0% tax on dividends for 17 years. That's a very long time. As of the 2026 tax reform there's also a new option to extend it by another 10 years after those initial 17, so potentially 27 years total. And it's worth noting that capital gains on securities and gains from selling your company are 0% for everyone in Cyprus regardless of Non-Dom status. Those benefits don't have an expiry date at all. So even beyond the 17 years you're still keeping a lot of the core advantages.
Will my European clients care that I invoice from Cyprus?
No, and most of them won't even notice. Cyprus is a full EU member state, so your company here is a European company in every sense. You get an EU VAT number, you invoice in euros, and by EU law every tax authority in every member state has to treat your Cyprus invoices exactly like any other EU invoice. That means your clients in Germany, France, the Netherlands, wherever they are, can deduct your invoices as a business expense, reclaim VAT on cross-border transactions, everything works exactly the way it would with any other EU supplier. We've relocated over 2,000 businesses at this point and we genuinely can't think of a single case where a client's customers had a problem with it.
Can I do business in countries outside of Europe?
Yes. Many of our clients sell to the US, UK, the Middle East, Asia, and other markets while using Cyprus as their operating or holding base. You can invoice global clients, work with non-EU suppliers, and run international structures from Cyprus, as long as the contracts, substance, tax treatment, and any local country rules are handled properly.
What about banking? I've heard it's difficult.
It can be if you try to do it yourself or go with the wrong advisor. The banks here have real compliance requirements and they want to understand your business properly before they'll open an account. But this is one of the things we handle end to end as part of the setup. We know exactly what each bank needs, how they want the documentation presented, and which bank is the best fit for your type of business. For more complex structures we also prepare the ownership narrative, substance evidence, and supporting document pack so banks, fintechs, and investors can see exactly who owns what, how money moves, and where the real activity sits. On top of local banks like Hellenic and Bank of Cyprus, you also get full access to fintechs like Revolut, Wise, and Wamo, plus payment processors like Stripe, PayPal, Shopify Payments, and Adyen. For our clients the bank account is typically open within the first few weeks alongside everything else.
I'm not an EU citizen. Can I still do this?
Yes, absolutely. We work with clients from the UK, the US, Canada, Australia, and many other countries outside the EU. The process is a bit different but it's very doable. The most common route is setting up what's called a company of foreign interests here in Cyprus, with an initial investment starting from around €200,000 either as a bank deposit or put toward business-related expenses. That qualifies you and your family for a residence permit. There's also the Cyprus Startup Visa which is specifically designed for non-EU entrepreneurs building innovative businesses, with lower capital requirements. Once you're a tax resident here you get the exact same benefits as everyone else. 15% corporate, 0% dividends as a Non-Dom, 0% capital gains. Your passport doesn't change the tax treatment at all.
How much does all of this cost?
It depends on how complex your situation is, but for a standard setup that includes company formation, residency, Non-Dom filing, and a bank account, we're talking a few thousand euros. We break down every single cost transparently in the free consultation so there are zero surprises. And to put that number in perspective: if you're currently paying 40 or 50% tax and you move to a structure where you're at 15% corporate and 0% on dividends, the setup cost typically pays for itself within the first month. For a lot of our clients it's paid back within the first week.
Need more help? Email us at [email protected]
Partners you can trust
93Tax was built by founders who run their own companies in Cyprus. We faced all of the setup, accounting, legal, and banking challenges ourselves, then built the kind of firm we wish had existed for founders like us: fast, digital, and reliable. From formation to ongoing compliance, we handle the details A to Z so you can focus on building your company.
Mario Koshias with Dr. Andreas Koshias
★★★★★ “Mario and his team are like true partners. They communicate clearly, move fast, and consistently deliver solid results. I highly recommend 93Tax.”
Cagdas Demirel
Founder, Automated Founders
Mario Koshias with Dr. Andreas Koshias