WHY CYPRUS

Cyprus, a services-oriented economy with years of experience in servicing international clients, is transposing itself as one of the top relocation and headquartering centers in Europe. The skills and knowhow obtained from lawyers and accountants during the past years are now put at work in servicing the international groups that are setting up regional headquarters in Cyprus. With a good choice of English-speaking private schools to ensure top class education as well as a range of private clinics to ensure access to good healthcare combined with the great climate conditions and the crystal clean beaches make Cyprus the obvious choice.

Why

Cyprus -> Business Oriented

Legal Framework -> Access to

Talent -> Access to

Markets -> Cost

Effective

Strategic

Location  ->Attractive

Tax Regime

The ideal location, the natural beauty and history team up with a holistic legal and tax framework developed specifically for making Cyprus a leading jurisdiction where high net worth individuals can relocate, set up regional headquarters and attract the human capital required to manage and control their business activities.

HOW TO RELOCATE

The Cyprus Investment Programme

The Cyprus government has developed and maintains an attractive investment programme aimed at foreign investors and businessmen. Through this programme, high net worth individuals can obtain the Cyprus Citizenship and hence be able to relocate to Cyprus.

(Please refer on our website for the chart)

Obtain Employment Permit in Cyprus

It is possible for a 3rd country national to live and work in Cyprus if he/she is employed by a Cyprus company whose majority shareholders are 3rd country nationals.

There are certain requirements that need to be met both for the Cyprus Company who will be the employer and the 3rd country national employee, the most important of which is that an amount of €171.000 must be transferred from an overseas account of the beneficial owner to the bank account of the company in Cyprus.

As to the salary of the employee the following apply:

EU Nationals can be employed in a Cyprus company with no restrictions or conditions.

TAXATION INCENTIVES

Cyprus Tax laws provide attractive incentives for all stakeholders involved, being the owners, the companies and their employees. For an individual to be regarded as a tax resident of Cyprus must either:

(Please refer on our website for the chart)

How Kinanis Law Firm can assist

Our Firm is ready to assist clients with:

Our Firm

Kinanis Law Firm, is a Law and Fiduciary Firm with offices in Cyprus and Malta and a representative office in Shanghai China. The Firm advises for over 35 years international investors and private clients offering legal and consulting services since 1983.

The Firm employs approximately 80 lawyers, accountants and other professionals.

Our clients benefit from a complete range of legal, accounting, tax, vat and advisory services from a highly specialized team of professionals.

This combination of legal, accounting, vat and tax services through our well qualified personnel and our involvement and participation in international transactions over the years, have established our firm as one of the key players in the field. Our involvement in international financial transactions has also provided us with the extensive expertise in representing groups, corporations, funds as well as the private client.

Kinanis LLC