A move or an investment into Cyprus usually fails or succeeds on the legal scaffolding behind it — the order in which you set up a company, open a bank account, shift your tax residency and file your residence application. Get the sequence wrong and you wait months, or pay tax you did not need to. We coordinate the whole structure from Limassol, working with licensed Cyprus lawyers and auditors, so you deal with one bilingual point of contact instead of stitching together a lawyer, an accountant and a bank yourself.
ConciergeCY supports private clients and businesses from Russia, the CIS, Europe and the Middle East. This page covers what our legal and tax service includes, how we run a matter, and the figures worth knowing before you start — each of them indicative for mid-2026 and not a substitute for formal advice on your case.
What's included
Legal work in Cyprus rarely sits in one box. A company touches tax, tax touches residency, residency touches your bank. We manage each strand and keep them aligned.
Residency solutions
Personalised routes to a residence permit and tax residency — permanent residency, temporary permits, or an employment route built on your own company.
Tax planning
Reviewing how your income, dividends and assets are taxed in Cyprus and structuring them within the rules — corporate, personal and the non-dom regime.
Company registration
Incorporating a Cyprus private limited company (Ltd) through the Registrar of Companies, with directors, shareholders, registered office and the statutory register in place.
Business development
Building real substance — office, staff, accounting and VAT registration — so the structure stands up to scrutiny and actually runs.
Banking support
Preparing the due-diligence file and source-of-funds story banks now demand, and shepherding the personal or corporate account through compliance.
Property transactions
Legal support for buying or selling Cyprus real estate — title and contract review, deposit at the Land Registry, transfer fees and stamp duty.
How we work
The order matters more than the individual steps. We start by mapping your goal — relocation, a holding structure, an operating business, or simply cleaner tax — and then sequence the work so nothing has to be undone later. In practice it runs in three stages:
- Diagnosis. A first consultation to confirm what you actually need: which entity, which residency route, whether non-dom is relevant, and where the deadlines and risks sit. The first consultation is free.
- Build. Company incorporation, tax and VAT registration, the bank account, and the residence application — run in the order that avoids dead time, with documents apostilled once and reused.
- Run. Annual accounts and audit, tax filings, registered office and the ongoing obligations that keep a Cyprus company and your residency in good standing.
Where relocation is the bigger picture, this dovetails with our turnkey relocation to Cyprus service, and the residency mechanics are set out in our guide to the Cyprus residence permit in 2026.
Not sure which structure fits?
Tell us your goal and where you are a tax resident now. We'll map the company, the bank account, the residency and the tax position as one plan — and flag anything that needs a licensed opinion. The first consultation is free.
Discuss your matterThe numbers worth knowing
Cyprus earns its reputation on a small set of features. They are real, but the detail decides whether they apply to you, so treat the figures below as a starting point rather than a promise.
- Corporate income tax of 15% on company profits — raised from 12.5% by the 2026 tax reform (effective 1 January 2026) in line with the OECD global minimum tax, and still among the more competitive headline rates in the EU. Specific income, such as qualifying intellectual property under the IP Box regime, can be taxed at a much lower effective rate.
- Non-dom status. A Cyprus tax resident who is not domiciled in Cyprus (non-domiciled) is currently exempt from the Special Defence Contribution (SDC) on dividends and interest, generally for up to 17 years. Since the 2026 reform, rental income is no longer subject to SDC for any Cyprus tax resident.
- Tax residency. You can become a Cyprus tax resident either by spending more than 183 days a year on the island, or under the "60-day rule" if you meet its conditions — broadly, at least 60 days in Cyprus, no more than 183 days in any other single country, a permanent home in Cyprus and a tie such as business, employment or a directorship here.
- VAT. The standard rate is 19%, with reduced rates for certain goods and services; registration is required once turnover passes the statutory threshold.
Naturalisation as a Cypriot citizen normally follows several years of legal residence and is a separate, slower track from a residence permit. We describe the route honestly and, where a hard figure or a filing is involved, route it through a licensed adviser rather than asserting it ourselves.
Why clients work with us
- One coordinator, licensed specialists. We run the matter end to end and bring in regulated Cyprus lawyers and auditors for the work that legally requires them.
- Russian, English and Greek. Nothing is lost relaying instructions between a lawyer, an accountant and a bank in a language you half-follow.
- Structures that hold up. We build genuine substance, not paper companies — because a shell that cannot prove where it operates is a liability, not a shield.
- On the ground in Limassol. We know the registries, the banks and which offices move quickly, and we go to them for you.
info Please note
Cyprus tax and company law, rates and thresholds change periodically and depend on your individual circumstances. Everything on this page is indicative for mid-2026 and is not legal or tax advice. We confirm the current position for your specific case, and formal opinions and filings are issued by licensed professionals. Official sources include the Cyprus Tax Department, the Department of Registrar of Companies and Intellectual Property, and the Civil Registry and Migration Department of the Republic of Cyprus.