Eligibility Criteria

Obtaining tax residency in Cyprus requires meeting specific criteria set by the Cypriot authorities. Understanding these requirements is essential for individuals and businesses aiming to benefit from the favorable tax regime. Evidentrust provides expert guidance to ensure a smooth and compliant process.

• Physical Presence Test – To qualify as a tax resident, an individual must spend more than 183 days in Cyprus within a calendar year. This is the standard requirement for most applicants seeking tax residency.
• 60-Day Rule – Cyprus also offers a 60-day residency rule for individuals who meet all of the following conditions:
  • Do not reside in any other single country for more than 183 days.
  • Are not considered tax residents in another country.
  • Maintain a permanent residential property in Cyprus.
  • Conduct business, employment, or hold a directorship in a Cyprus company.
• Financial and Business Criteria – For business owners or professionals, eligibility may also depend on demonstrating active engagement in Cyprus through:
  • Employment or self-employment.
  • Active participation in a local company.
  • Maintaining personal and professional ties in Cyprus.
• Documentation Requirements – Applicants must provide supporting documents, which typically include:
  • Passport and proof of identity.
  • Evidence of residential property in Cyprus.
  • Records of employment, business, or income sources.
  • Bank statements and other financial documents.

Role of Evidentrust – Evidentrust helps applicants meet all eligibility criteria efficiently. Our team assists with documentation, ensures compliance with local regulations, and provides personalized strategies to secure tax residency without unnecessary delays.

Why Cyprus is Ideal for Businesses

Cyprus has emerged as a strategic destination for companies looking to relocate business to Cyprus, offering a combination of favorable tax policies, a stable legal framework, and access to European markets. Its business-friendly environment makes it an attractive choice for both startups and established enterprises.

One of the key advantages is the highly competitive corporate tax system. With expert corporate tax advisory in Cyprus, Evidentrust helps businesses optimize their tax position, ensuring compliance while taking full advantage of available incentives.

In addition, Cyprus offers robust regulatory protections, ease of company formation, and a skilled professional workforce. Whether you are planning to expand operations, restructure your company, or relocate, Evidentrust provides end-to-end guidance, making the process smooth and strategically beneficial.

By choosing Cyprus, businesses gain not only tax efficiency but also access to a supportive environment for growth, investment, and long-term sustainability.

Our 3-Step Process

Evidentrust provides a structured approach to help businesses relocate business to Cyprus and optimize operations through expert corporate tax advisory in Cyprus. Our process is designed to ensure efficiency, compliance, and long-term success.

Step 1: Consultation & Planning

We begin by understanding your business objectives, operational structure, and relocation needs. Our team provides tailored advice on legal, tax, and regulatory requirements to ensure a smooth transition.

Step 2: Implementation & Structuring

Once the plan is finalized, Evidentrust handles the setup and relocation process, including company registration, corporate structuring, and compliance with Cypriot regulations. Our experts also provide ongoing corporate tax advisory in Cyprus to optimize your tax position.

Step 3: Ongoing Support & Management

After your business is successfully established in Cyprus, we continue to offer administrative, financial, and compliance support. This ensures your operations remain efficient, fully compliant, and strategically positioned for growth.

Why Choose Evidentrust?

Choosing the right partner is critical when you plan to relocate business to Cyprus. Evidentrust combines extensive local knowledge, industry expertise, and personalized services to ensure a seamless transition and optimal business outcomes.

Our team of professionals specializes in corporate tax advisory in Cyprus, helping businesses maximize tax efficiency while staying fully compliant with local regulations. We provide tailored strategies for company structuring, relocation, and ongoing financial management, making the process straightforward and stress-free.

With Evidentrust, you gain a trusted partner who not only guides you through every step of relocation but also delivers long-term support, ensuring your business thrives in Cyprus’s favorable economic and legal environment.

Frequently Asked Questions