Moving from Germany to Cyprus was annoying at first because of so many scammers. Nikolas is not like that at all. Trustworthy, honest and helpful. It has been four years and everything he set up still runs great.
Help centre
Frequently Asked Questions
Everything you need to know about relocating to and doing business in Cyprus.
Company Incorporation
Typically 20 to 25 days with all documents in place. That covers the full process, from name approval and registration through to your company being ready to trade.
Yes. Foreigners can fully own a Cyprus Limited Company, with no requirement for a local shareholder. A company needs at least one shareholder and one director, and these can be the same person. A local company secretary and a registered office address are also required, both of which we arrange for you as part of the setup.
Government fees plus legal and administrative expenses, and optional services like a virtual office or accounting. See the pricelist for a clear breakdown.
VAT registration is required if your annual turnover exceeds €15,600 (also for B2B). Voluntary registration can be beneficial when you deal with VAT-registered clients.
Partly. Cyprus law requires a lawyer to draft the articles of association and sign for the Registrar of Companies, so it is never fully do-it-yourself. You can assemble the pieces separately, but a provider who coordinates the whole registration is usually faster and works out cheaper once you count the individual fees and the time you spend on it.
Every Cyprus company files an annual return, keeps proper accounting records and has its accounts audited. Board decisions need to be documented. These are ongoing costs separate from the setup fee, and they scale with your transaction volume. We introduce you to an accountant and auditor who fit your size and sector so the filings stay on schedule.
Residency & Immigration
Yes. As an EU citizen you have the right to live and work in Cyprus without a visa. If you stay longer than three months, you register your residence and receive a Yellow Slip, the registration certificate that confirms your right to reside. With complete paperwork the process is straightforward, and we handle the registration and appointments for you.
Yes. It is simple if you are married to an EU spouse. Otherwise it is possible via routes such as Visitor, Specialised Worker (BFU) or Fast Track Permanent Residency.
A tax status for new residents. Non-Dom tax residents pay no defence tax on dividends or interest, with only a 2.65% healthcare contribution capped at €180,000.
For EU citizens the Yellow Slip is usually issued within a few weeks once the paperwork is complete, and it grants an open-ended right to reside in Cyprus. Processing times vary by district office and current workload, so preparing the documents correctly the first time is the main factor in how quickly it goes through.
It depends on your nationality. EU citizens generally need proof of sufficient financial resources, proof of an address in Cyprus and valid health insurance. Non-EU citizens additionally need a clean criminal record, a health certificate and a local bank statement showing a required deposit, plus a bank guarantee. We confirm the exact list for your case before anything is submitted.
A temporary visa that lets you live in Cyprus while working remotely for an employer registered outside the country. To qualify you must be a non-EU or non-EEA citizen, work online for a foreign-registered employer, and show a net monthly income of at least €3,500. Further documents apply depending on your employment status.
It depends on the service and how complex your case is, so we quote it individually rather than publish a flat rate that would be wrong for most people. You get a clear figure at the consultation.
Accounting & Legal
Legally yes. In practice we have yet to see a case where it was done correctly, and the corrections usually cost more than the accountant would have. Cyprus has its own filing rhythm and audit requirement, and a local professional frees your time for the work that actually earns money.
As a rough guide, accounting and auditing start around €2,000 per year and rise with your transaction volume. The more bookkeeping, payroll and audit work your activity creates, the more hours it takes. These are the external provider's fees, not ours. See the pricelist for indicative tiers.
It depends on your situation. The common areas are corporate law (governance, mergers and acquisitions, compliance), employment law (contracts, dismissals), real estate law (contracts and due diligence when buying or selling), and litigation if a dispute arises. We introduce you to the right specialist for the case rather than a general firm.
We do not keep the bookkeeping in-house. Instead we connect you with vetted accountants and auditors from our local network, matched to your company size, sector and needs. We stay involved and coordinate the handover so your filings, VAT and annual audit are handled by the right specialists without you having to search for them.
We introduce you to the right legal firm from our trusted network based on your specific case, whether that is corporate, immigration or property law, and we coordinate the process end to end. You get a vetted lawyer who fits your situation, and we keep the different parts of your setup aligned.
Yes, but banks require proof of residency (Yellow Slip), company documents and a tax identification number. A professional service streamlines the process.
Life in Cyprus
Around €2,000 to €2,500 per month for a single person and €4,500+ for a family of four, depending on location and lifestyle.
Cyprus has a national healthcare system (GeSY) plus private clinics. Private insurance for a young individual starts from around €65 per month.
It depends what you want from the island. Paphos is the most popular choice for a relaxed lifestyle, Limassol for city energy and the international business scene. Larnaca and the capital Nicosia both have their followers. Nikolas is based in Paphos and knows the neighbourhoods street by street, so ask before you sign a lease.
Public schools, private schools and international schools, and the standard is high. Most relocating families choose an international school for the English-language curriculum and the easier transition. Note that private schooling raises your monthly budget noticeably, so factor it in early.
A Mediterranean climate: hot dry summers and mild rainy winters. Summer averages around 34°C, winter around 15°C. It is one of the sunniest places in the EU, which is a large part of why people stay.
The official languages are Greek and Turkish, but English is widely spoken and understood, especially in business and in the areas where expats live. You can run a company and handle daily life in English from day one. There are also sizeable Russian and German-speaking communities on the island.
A low 15% corporate tax rate, the Non-Dom regime, EU legal protections, straightforward residency for EU citizens, high English proficiency, a stable banking system and a warm climate.