International · Cyprus

Cyprus Company Formation & Non-Dom Relocation — the EU Alternative to Dubai

Set up your Cyprus company, move your tax residency and get your Non-Dom certificate — one complete package, delivered with our authorized Cyprus partner Tax.One. 15% corporate tax, 0% tax on dividends for Non-Doms, and a life inside the EU.

4.9 on Google · 500+ companies · 60+ countries · Est. 2022
Who It’s For

When Cyprus Beats Dubai

For most of our clients, Dubai wins. But for some, Cyprus is genuinely the better answer — and we’ll tell you honestly which one fits.

You need an EU company

EU clients who insist on EU invoicing, EU contracts or EU regulation — a Cyprus company is a full EU company.

You want to stay close to Europe

Short flights to most EU capitals, EU healthcare and schools, and no need to leave the European system.

You live off dividends

As a Non-Dom, dividends are exempt from Special Defence Contribution for 17 years — ideal for founders and investors.

You build software or IP

Cyprus’s IP Box can bring the effective tax rate on qualifying IP income down to around 3%.

You’re an EU citizen

Free movement makes relocating simple — our package includes your residence registration and Non-Dom certificate.

You want both

Some clients combine Cyprus and Dubai structures. We set up both, with one point of contact — see our Dubai free zone setups or a US LLC from $999.

Watch

Dubai, Cyprus or Somewhere Else?

Chris explains when another jurisdiction beats Dubai — and how we compare your options honestly.

Watch on YouTube · More videos from Chris

Packages & Prices

Cyprus Setup & Running Costs

One complete setup price, and clear yearly costs — so you know the full picture before you move.

Complete Cyprus Relocation

Company, tax residency and Non-Dom — everything to move

€6,990 one-time

  • Cyprus private limited company incorporation
  • Memorandum & Articles of Association, all company certificates
  • UBO filing & company Ariadne profile
  • Company tax number & VAT registration
  • Personal tax number & Social Insurance registration
  • Employer registration & your employment contract
  • Company secretary & registered office, year 1
  • Corporate & personal bank account support
  • Immigration documents, appointment & MEU1 residence registration
  • Non-Dom certificate application & issuance

Prices exclude VAT where applicable

Start My Relocation →

Yearly Running Costs

Everything to keep your company compliant from year 2

from €4,990 / year

  • Monthly bookkeeping & accounting
  • Payroll & Social Insurance filings
  • VAT returns, if applicable
  • Tax compliance filings
  • Annual statutory audit
  • Company secretary & registered office

Higher transaction volumes may increase accounting fees

Ask About Running Costs →

Good to know

MEU1 residence registration is for EU citizens. Non-EU nationals need a different residence route — ask us and we’ll map the options. Bank approval is decided by the bank; we prepare and support your applications. Housing — to use the 60-day rule you need a home in Cyprus (rented or owned), which is not part of the package.

Tax in Cyprus (2026)

How Cyprus Taxes You and Your Company

Cyprus reformed its tax system from 1 January 2026. The corporate rate went up, but the Non-Dom regime — the main reason founders move here — stayed fully intact.

TaxRateNotes
Corporate income tax15%Raised from 12.5% on 1 January 2026
Dividends (Non-Dom)0% SDCFor 17 years; 2.65% health contribution (GHS) applies, capped
Personal income tax0–35%First €22,000 tax-free from 2026
Gains on shares0%Capital gains tax applies mainly to Cyprus property
IP Box~3% effectiveOn qualifying IP income
VAT19%Standard rate
The 60-Day Rule

Tax Resident in Cyprus With Only 60 Days a Year

You can become Cyprus tax resident by spending just 60 days a year in Cyprus — if you are not tax resident anywhere else, don’t spend more than 183 days in any other single country, have a business, job or directorship in Cyprus, and keep a home in Cyprus (rented or owned). Our package sets up the Cyprus company and your employment contract that support this. Your home country’s exit rules still apply — we recommend confirming your position with a tax advisor.

Honest Comparison

Cyprus vs Dubai at a Glance

CyprusDubai
Corporate tax15%9% above AED 375,000 — 0% possible for qualifying free zone income
Personal income tax0–35% on salary; 0% SDC on dividends for Non-Doms0%
EU company & residencyYesNo
Setup (our packages)From €6,990 incl. relocationFree zone from AED 9,900
Yearly running costsFrom €4,990 incl. auditLower — accounting from AED 350/month
Best forEU-focused founders, dividend earners, IP businessesMaximum tax savings, lifestyle, global founders

We deliver both Cyprus and Dubai, so our advice is neutral. Read our international setups overview, or see what a Dubai free zone company would look like for you.

Ricardo Gorski, founder of Tax.One
Ricardo GorskiFounder, Tax.One
Official Authorized Partners

Delivered With Tax.One

Tax.One is our authorized partner for Cyprus — and we are Tax.One’s authorized partner for Dubai. Founded by Ricardo Gorski, Tax.One has helped 500+ clients relocate to Cyprus, with advisers, lawyers, chartered accountants and real-estate specialists under one roof.

“Dubai is for inspiration. Cyprus is for execution.”— Ricardo Gorski, Founder of Tax.One

You keep one point of contact — us — from your first call to your Non-Dom certificate. Learn more about Tax.One.

How It Works

Your Move to Cyprus in 4 Steps

STEP 01

Free comparison call

We compare Cyprus and Dubai for your citizenship, income and family — and confirm Cyprus really fits.

STEP 02

Company formation

Your Cyprus Ltd is incorporated, with tax, VAT, Social Insurance and employer registrations completed.

STEP 03

Residency & banking

Immigration documents, your residence appointment and registration, plus corporate and personal bank applications.

STEP 04

Non-Dom certificate

We apply for your Non-Dom certificate — then keep your company compliant year after year.

FAQ

Cyprus Company Formation & Non-Dom: Common Questions

How much does it cost to set up a company in Cyprus?

Our Complete Cyprus Relocation package starts from €6,990 and includes company formation, all tax and Social Insurance registrations, company secretary and registered office for year 1, bank account support, your residence registration and your Non-Dom certificate. Yearly running costs start from €4,990, including accounting, payroll, audit and company secretary. Prices exclude VAT where applicable.

What is the corporate tax rate in Cyprus?

15% from 1 January 2026, raised from 12.5% under the 2026 tax reform. Qualifying IP income can be taxed at an effective rate of around 3% under the IP Box.

What is the Cyprus Non-Dom regime?

Non-Dom status exempts qualifying Cyprus tax residents from Special Defence Contribution on dividends, interest and rental income for up to 17 years. In practice, dividends from your company are tax-free apart from a 2.65% health contribution (GHS), which is capped. The regime was kept unchanged in the 2026 reform.

How many days do I need to spend in Cyprus?

Under the 60-day rule you can become Cyprus tax resident with 60 days a year, if you are not tax resident elsewhere, don’t spend more than 183 days in another single country, have a business, job or directorship in Cyprus and keep a home there. Otherwise the standard 183-day rule applies.

Can non-EU citizens relocate to Cyprus with this package?

The package includes MEU1 residence registration, which is for EU citizens. Non-EU nationals need a different residence route, for example through a company with foreign ownership. Contact us and we’ll map the right option for your nationality.

Do I need to live in Cyprus to have a Cyprus company?

No, a Cyprus company can be formed and run remotely. But to benefit from Non-Dom and personal tax residency, you need to actually become Cyprus tax resident — for example under the 60-day rule.

How long does the setup take?

The company is usually incorporated within a few working days. Tax registrations, bank accounts, your residence registration and the Non-Dom certificate follow in the weeks after. We give you a clear timeline on your first call.

Is Cyprus or Dubai better for me?

Dubai usually wins on pure tax: 0% personal income tax and lower running costs. Cyprus wins when you need an EU company, want to stay inside the EU, live mainly off dividends or run an IP business. Because we deliver both, we compare them honestly for your case.

Who is Tax.One?

Tax.One is our authorized partner for Cyprus, and we are Tax.One’s authorized partner for Dubai. Founded by Ricardo Gorski, Tax.One has helped 500+ clients relocate to Cyprus and covers tax, legal, immigration and real estate under one roof. We deliver Cyprus setups together, and you keep us as your single point of contact.

What are the yearly running costs of a Cyprus company?

From €4,990 per year for accounting and bookkeeping, payroll and Social Insurance filings, VAT and tax filings, the annual statutory audit, and company secretary and registered office. Companies with many transactions or employees pay more for accounting.

Chris Elliott, Founder & CEO of Emirates Business Setup
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