Question 1

How do I form a company in Cyprus, and what does it cost?

Accepted Answer

A Cyprus Ltd is the standard vehicle — formation runs roughly €1,000–2,500 through a lawyer or accountant, plus annual accounting and audit. As of 2026 corporate tax is 15% (up from 12.5%) and the €350 annual company levy is abolished. Pair it with the non-dom regime for the headline low effective rate.

Question 2

What is non-dom, and why is the tax so low?

Accepted Answer

The non-dom regime gives 17 years of 0% tax on dividends and interest (only a capped 2.65% health levy) and no tax on most foreign income — an effective rate of about 5% or less for many. It is the single biggest draw for relocating founders and investors; pair it with a Cyprus company for the full picture.

Question 3

How do I find a good accountant or lawyer, and what are typical fees?

Accepted Answer

The professional layer is deep and English-speaking. Ask for fixed fees or clear hourly rates up front, references in your sector, and a language match (Russian, Greek, English). We build a vetted professional directory so people stop relying on "who does everyone use?".

How do I form a company in Cyprus, and what does it cost?

On Cyprus Lifestyle

Ready to make it happen?

Related questions

More on Business & Money