An EU national, operating a successful consultancy company, sought a jurisdiction that combined tax efficiency, EU credibility, and a high quality lifestyle. With an international client base and no dependence on a physical location, Cyprus emerged as a natural choice for both business relocation and personal residency. The individual also held a personal investment portfolio which was discretionary managed by an EU Financial Institution.
After relocating to Cyprus, the individual became a Cyprus tax resident and incorporated a Cyprus private limited company to centralise operations. Cyprus’s EU-compliant legal system, competitive corporate tax rate (15%), and extensive double tax treaty network provided a strong foundation for international growth.