Business Relocation Services

Cyprus is widely recognized for its business-friendly environment. The country offers a streamlined company registration process, enabling businesses to be established quickly and efficiently. Furthermore, the government provides efficient services, including a fast-track process for obtaining work permits for non-EU nationals. Cyprus has a highly educated, skilled, and multilingual workforce. The country also offers a competitive cost of living, making it an appealing location for businesses and entrepreneurs.

 

Our approach

To provide proactive advice that all processes and procedures are compliant with the laws and regulations of Cyprus. Aftercare services for existing investors is our key factor success.

 

Why Cyprus

Cyprus has developed into one of the foremost financial and business centers in the world due to a mixture of advantageous elements for companies. There are plenty of tax exemptions that Cyprus offers to the people who decide to relocate to Cyprus such as the:

  • Geostrategic Position in the middle of three continents in a combination of full access to European markets
  • The VAT on acquisition of new residential property can be as low as 5%.
  • Immoveable Property Tax (IPT)was fully abolished from January 2017.
  • None or low withholding tax from foreign jurisdictions and no local tax (apart from specific circumstances).
  • One of the lowest corporate tax rates in EU, 12,5% on net profits.
  • Dividend income and profit on sale of shares and other securities is tax exempt (non-domicile scheme).
  • Developed educational system with schools and universities teaching in English.
  • In Cyprus, there is no withholding tax on dividends payable to non-resident shareholders (whether a company or individual).

 

Why Relocate with Us?

Our team provides all-inclusive services and packages to relocate your business to Cyprus. It includes the legal consultation of all the procedures in relation to the residence and work permits visas. This part is proactive advice on any legislative amendments that might affect them to assist them to understand the cultural and national implications of our country. Specifically, we advise them on the matters as the Immigration compliance.

 

Our 6-step Relocation Path

1. Consultation

We understand your preferences and then we prepare an indicative step plan for your business relocation process. It will be achieved through an intake call where we gather information about your move preferences and expectations.

 

2. Company Formation and/or Relocating your Business to Cyprus

Assistance with company formation and advise on relocating of foreign company to Cyprus accompanied with regulatory compliance of the company with Social Insurance, TAX/VAT/VIES registers, and obtaining necessary licenses.

 

3. Commercial property viewing, Negotiate and Finalize.

We can assist you in finding suitable housing for your company, your employees and their families, including schools for children. We work to secure the most favorable terms and review contracts thoroughly before finalizing the rental agreement.

A comparison of purchasing vs. renting an office as well as a guide to relocating employees to Cyprus would be provided too.

 

4. Relocation of family members & staff

Through an expertise consultation, we provide an integrated and smooth approach to your immigration needs by helping you, your family and your employees with complex and time-consuming matters.

 

5. Arrivals to Cyprus

We schedule the airport to pick you up and accompany you to your accommodation. We organize your diary management, and we set up meetings with the relevant persons for signing any documents, checking in and move to your house safety, accompanying you to the Immigration office and other governmental Authorities to finalize the procedures.

 

6. Taxation and Financial Reporting

Maintain accounting records with possibility of cost center reporting and assist with monitoring of financial obligations and reporting requirements (lender and borrower perspective). Our in-house tax experts assist you with full tax compliance on payroll related issues as well as with their personal tax returns and other tax obligations as pe the Cyprus tax Laws.

 

7. Additional services of education and transportation

  • Assistance with identifying and registering with schools/universities in a preferred location.
  • Assist with obtaining a driving license.
  • Provide information on health/life insurance providers (identify options, obtain quotations etc.) or assist with signing up with local medical insurance providers.
Ask our immigration consulting team for free!

Whatever question you have, write us a quick whatsapp.

Immigration Consulting Team
Phone: +35796742400 (free of charge)
Contact us via Whatsapp (free of charge)
Email: immigration@lplawyersfirm.com

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Apostolou Pavlou 16, 2nd floor, 8046 Paphos, Cyprus.

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Papasavvas and Liskavidou LLC SRA ref 669401. Company Ref HE 417937 Calls may be recorded for quality and training purposes.

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