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Assess
Understand your business activities, existing structure, ownership, operations, intellectual property and objectives.
Cyprus Business Relocation
Relocate or Establish Your Business in Cyprus Properly.
From company formation and tax registration to economic substance, accounting, compliance and potential IP Box eligibility, Profecys helps international businesses establish the right Cyprus structure through one coordinated advisory process.
Book a Confidential Consultation →Accounting
Tax
Audit
Advisory
IP Expertise
Trusted Expertise
Helping International Businesses Make Cyprus Their Next Move
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5-Star Client Rating
Trusted by businesses seeking professional accounting, tax and advisory support.
157+
Companies Helped With Relocation
Supporting international businesses with their relocation and establishment in Cyprus.
Multidisciplinary Expertise
Accounting, tax, audit, advisory, corporate and IP expertise working together.
More Than Company Formation
Relocating a business involves more than registering a Cyprus company.
Your structure needs to fit the reality of your business — its activities, management, intellectual property, international operations and compliance obligations.
- Which Cyprus structure is appropriate for the business?
- How should genuine economic substance be established?
- What tax and VAT registrations and obligations apply?
- How should accounting and ongoing compliance be organised?
- Could qualifying intellectual property activities be relevant to the Cyprus IP Box regime?
- How should accounting, tax, corporate and advisory requirements work together?
The Profecys Approach
The Cyprus Business Relocation Framework
A tailored process for serious international businesses seeking to establish and maintain an appropriately structured and compliant presence in Cyprus.
02
Structure
Determine an appropriate Cyprus structure based on the circumstances, activities and requirements of the business.
03
Establish
Coordinate formation, relevant registrations, accounting setup and economic substance requirements.
04
Maintain
Support accounting, tax, audit and ongoing corporate and regulatory compliance as the business operates in Cyprus.
Client Experience
Trusted support for businesses moving forward in Cyprus.
A coordinated approach designed to make complex business, tax and corporate matters easier to navigate.
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“Profecys gave us a clear understanding of the steps involved and coordinated the process in a professional and practical way. Communication was direct, responsive and easy to follow.”
Client Name
Position · Company Name
★★★★★
“What stood out was having one team able to look at the wider picture instead of treating every requirement separately. The entire experience felt structured and well organised.”
Client Name
Position · Company Name
★★★★★
“The team explained the available options clearly and helped us understand what needed to happen at each stage. It made the Cyprus setup process feel much more manageable.”
Client Name
Position · Company Name
One Coordinated Service
The expertise required to establish and operate in Cyprus.
Bring the different pieces of your Cyprus operation together through a multidisciplinary advisory relationship.
Company Formation & Corporate
Support with establishing an appropriate Cyprus corporate structure and related corporate requirements.
Tax & VAT
Guidance on relevant Cyprus tax and VAT registration, planning and ongoing obligations.
Economic Substance
Support in establishing a genuine business presence aligned with the company’s activities and circumstances.
Accounting
Accounting setup and ongoing financial reporting designed around the requirements of the Cyprus operation.
Audit & Compliance
Ongoing support with applicable audit, reporting and compliance requirements.
IP & Advisory
Assessment and advisory support for intellectual property structures and, where relevant, potential IP Box eligibility.
For IP-Driven Businesses
Could the Cyprus IP Box be relevant to your business?
For some software, technology and other IP-driven businesses, Cyprus’s intellectual property framework may warrant professional assessment as part of the wider business structure.
Profecys can review the nature of the business, its intellectual property and qualifying activities to assess whether the regime may be relevant.
Eligibility must be assessed — not assumed.
The application and potential benefits of the Cyprus IP Box depend on factors including the type of intellectual property, qualifying activities and expenditure, business structure, economic substance and applicable legislation.
Profecys does not suggest that every business qualifies for
the Cyprus IP Box, nor that a particular tax rate or tax saving
is guaranteed. Professional assessment of the individual facts
and current legislation is required.
Who We Help
Built for businesses establishing in Cyprus for the right reasons.
Profecys works with owners, founders and directors who value appropriate structuring, genuine substance and ongoing compliance.
Software Companies
Technology Businesses
IP-Driven Companies
Consulting Firms
International Services
Existing Cyprus Companies
Why Profecys
Different disciplines. One coordinated advisory relationship.
Profecys is a Paphos-based accounting and advisory firm with a multidisciplinary team that includes certified accountants, auditors, tax consultants, legal advisors and technology experts.
By bringing multiple disciplines together, Profecys can consider the wider picture when helping businesses establish, structure and maintain their Cyprus operations.
Accounting
Tax
Audit
Advisory
Corporate
IP
Technology
Frequently Asked Questions
Considering Cyprus?
A few of the questions businesses commonly need to consider before establishing or restructuring their Cyprus operations.
Can Profecys help us relocate an existing international business?
Profecys can review your existing structure, activities and goals and advise on appropriate next steps for establishing or expanding business operations in Cyprus.
Is forming a Cyprus company enough to relocate?
Company formation is only one component. Depending on the circumstances, tax, VAT, management, economic substance, accounting and compliance requirements may also need to be addressed.
Does every software or technology company qualify for the Cyprus IP Box?
No. Eligibility depends on the specific intellectual property, qualifying activities and expenditure, structure, economic substance and applicable legislation. Each case requires professional assessment.
Can Profecys review a company already operating in Cyprus?
Yes. Existing Cyprus businesses may seek a review of their current structure, tax position, compliance arrangements and possible IP Box relevance where appropriate.
What happens during the initial consultation?
The discussion focuses on your business activities, current structure, relocation or expansion plans and objectives. This allows Profecys to identify relevant next steps and, where appropriate, prepare a tailored solution and quotation.
Confidential Initial Consultation
Discuss your Cyprus plans with Profecys.
Tell us a little about your business, current structure and objectives. A member of the Profecys team can then discuss the relevant next steps with you.
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Discuss your existing business structure and activities.
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Identify relevant Cyprus formation, tax, VAT and substance
considerations.
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Consider whether an IP Box eligibility assessment may be
relevant.
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Determine appropriate next steps and, where appropriate,
receive a tailored solution and quotation.
Prefer to reach us directly?
Email or call the Profecys team directly.
Information on this page is general in nature and should not be
treated as tax, legal or other professional advice for any
particular business. Tax treatment, IP Box eligibility and
compliance requirements depend on individual circumstances and
applicable legislation. Professional assessment should be
obtained before implementing a structure. Profecys Ltd 2026