How to Establish a Company in Cyprus
A Cyprus company can be a superb solution. But not as a paper shell offered online at a promotional price of nine hundred and ninety-nine euros—rather, as a genuine business structure requiring thoughtful architecture, substantial costs, and, most crucially, authentic economic substance.
The Cyprus holding structure is neither mythical Eldorado nor incarnate evil—it’s a business tool that, given appropriate scale, genuine economic substance, and proper business purpose (managing an international group, foreign expansion, succession planning), can be entirely legal and economically justified. But this isn’t a plug-and-play solution, this isn’t a “company for €999,” and this certainly isn’t a universal method for tax reduction applicable to every entrepreneur.
We advise Polish entrepreneurs in creating genuine business structures in Cyprus—with complete economic substance, compliant with Polish and international tax law.
⚠️ We do not offer “companies for €999” with nominee directors or paper offshore constructions.
If you’re seeking an inexpensive way to avoid taxes—we’re not for you.
If you’re planning genuine international expansion—this service is for you. Learn what you should know before deciding to establish a company in Cyprus.
For Whom Is Establishing a Company in Cyprus a Sound Decision?
If you’re considering establishing a company in Cyprus, the crucial question you must ask yourself is no longer “can I reduce taxes using a Cyprus company,” but rather:
💼 International Expansion
Do I plan international business expansion requiring a central holding company in a neutral jurisdiction?
🌍 Change of Tax Residency
Am I considering changing my tax residency and relocating to a country offering more favorable conditions for individuals—for instance, Cyprus tax residency?
👨👩👧 Succession and Asset Protection
Do I need tools for succession planning and asset protection in an international context?
💰 Economic Scale
Does my business scale economically justify the expenditure of maintaining the economic substance of a foreign holding company?
If the answer to these questions is “yes,” a Cyprus structure may make sense. If “no”—better to invest those resources in developing the business itself or utilize Polish tax planning tools: a family foundation, Estonian CIT, or simply accept the nineteen-percent dividend tax as a fair price for operating within a stable Polish legal system, without cross-border complications and the risk of disputes with the tax authorities.
