Can I relocate my company and my employees to Cyprus?

Relocating your company and employees to a new country can seem overwhelming, but with the right guidance, the process is seamless. At Alexandrou Corporate Services, we specialize in helping businesses transition to Cyprus with ease.

Our comprehensive services include:

• Business registration and compliance.

• Employee visa and permit applications.

• Office setup and operational support.

• Tax planning and legal advisory.

  
  

Cyprus offers a welcoming and business-friendly environment, a robust legal framework, and significant financial incentives for companies looking to relocate. Whether you are seeking to streamline operations, access the European Union market, or provide a better quality of life for your employees, Cyprus stands out as a top destination for business relocation.

Why Choose Cyprus for Business Relocation?

1. Strategic Location

Situated at the crossroads of Europe, Asia, and Africa, Cyprus provides unparalleled access to major markets. Its geographical position makes it an ideal hub for international business and trade.

2. EU Membership and Market Access

As a member of the European Union, Cyprus offers companies the benefits of free trade and movement within the EU, along with adherence to EU legal standards. This is particularly advantageous for companies aiming to expand their operations across Europe.

3. Attractive Tax System

Cyprus boasts one of the most favourable corporate tax regimes in Europe. With a corporate tax rate of just 12.5% and access to an extensive network of double taxation treaties, businesses relocating to Cyprus can enjoy significant tax savings.

4. Business-Friendly Regulations

The country’s regulatory environment is designed to attract and support international businesses. Procedures for company registration, obtaining permits, and meeting compliance requirements are streamlined and transparent.

5. High-Quality Workforce

Cyprus offers a well-educated, multilingual workforce, with expertise in fields such as finance, technology, and professional services. Companies relocating can benefit from local talent while also bringing their own employees.

Key Benefits of Relocating Employees to Cyprus

1. Quality of Life

Cyprus offers a Mediterranean lifestyle with a warm climate, excellent healthcare, and a safe environment, making it highly appealing for employees and their families.

2. Immigration Incentives

The Cypriot government provides streamlined processes for obtaining work and residence permits for employees and their families.

3. Cost of Living and Operations

Compared to other EU countries, the cost of living and doing business in Cyprus is relatively low. This allows both companies and employees to enjoy a higher standard of living without significantly increasing costs.

4. English as a Business Language

English is widely spoken and used in business, legal, and government settings, minimizing language barriers for international companies and their employees.

Relocation Incentives for Companies in Cyprus

1. Tax Benefits

• Competitive corporate tax rates.

• No withholding taxes on dividends and interest.

• Exemption from taxes on profits from the sale of securities.

2. Innovation-Friendly Policies

Cyprus offers incentives for companies in tech, research, and innovation sectors, including grants and tax benefits for R&D activities.

3. Digital Nomad and Startup Visas

The government supports the relocation of tech-savvy professionals and startups through special visa programs.

Make the Move to Cyprus Today

Relocating your company and employees to Cyprus is a strategic decision that can drive growth, reduce costs, and improve overall business efficiency. With its favourable business environment, skilled workforce, and excellent quality of life, Cyprus is the perfect destination for forward-thinking companies.

Contact us today to learn more about how we can assist with your business relocation journey!