Move Your IT or Finance Business to Cyprus

Quickly, Legally, and Tax-Efficiently

Discover how to relocate your company to Cyprus, access the EU market, and benefit from one of Europe’s most business-friendly tax systems

— all with expert legal guidance.

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Relocate Your Business to the EU the Smart Way

Relocating to Europe can seem daunting — new tax laws, local registration rules, and immigration requirements can quickly become overwhelming.

At C. Pilyugin & Co LLC, we simplify the entire process. We help non-EU business owners—especially those in the tech and finance sectors—set up headquarters or branches in Cyprus, ensuring every step is handled legally, efficiently, and in alignment with your strategic goals.

Why Choose Cyprus for Company Formation?

Cyprus has quietly evolved into a European powerhouse for global tech and fintech companies, combining innovation, lifestyle, and low taxation.

Corporate tax rate of just 15% — one of the lowest in the EU
IP Box Regime: effective tax rate as low as 3% on qualifying IP income
Full access to the European Single Market
Startup Visa & Business Facilitation Unit (BFU) — fast-track registration for foreign-owned tech firms
Highly educated, multilingual workforce
Exceptional quality of life in a safe, English-speaking, Mediterranean environment

Cyprus offers a stable legal system, transparent regulations, and a growing network of tech-driven enterprises—making it one of Europe’s most attractive destinations for corporate relocation.

Step-by-Step Cyprus Business Relocation Process

Setting up in Cyprus is a structured, straightforward process when guided by local experts.

Company FormationRegister your new entity or branch under the BFU scheme
Open a Corporate Bank AccountSecure banking for payroll, operations, and VAT compliance
Secure Office PremisesVerified business address or approved co-working space
Register for Tax & VATGet your Tax Identification Code (TIC) and access Cyprus’s tax incentives
Appoint Accountants & Set Up Payroll Ensure smooth operations and compliance 5
Hire Talent & Apply for PermitsFast-track work and residence permits for non-EU specialists
Begin OperationsEnjoy seamless EU market access and ongoing local support

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Employing Non-EU Talent in Cyprus

Cyprus actively welcomes skilled professionals from outside the EU. Through the Foreign Interest Company framework, you can easily employ third-country nationals (TCNs) in key managerial, technical, and support positions.

Benefits include:

Recruiting global specialists in AI, software engineering, and fintech
Long-term residence and work permits for employees and families
Clear salary thresholds and renewable permits for stable operations

…and more.

Cyprus combines pro-innovation immigration policy with efficient digital infrastructure— creating an ideal environment for global teams.

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Meet our Management Team

With decades of experience and hundreds of successful transactions, our team has the local knowledge and legal expertise to protect your investment. Clients value our professionalism, responsiveness, and clear communication throughout the process.

Christine Pilyugin

Partner

As a Partner at the law firm, Christine is responsible for overseeing its development and continuation.

Possessing solid experience in matters related to IP, corporate restructurings, commercial matters as well as immovable property law and regulatory compliance matters in the financial industry, Christine advises on a variety of legal areas.

Igor Medet

Senior advisor

With over 20 years of experience in the business consultancy and financial sectors, Igor is a valuable team member, who is present for all sorts of transactions in the financial licensing and compliance advisory sector, assisting Forex brokers, PSPs, investment funds and other types of financial institutions across multiple jurisdictions to meet their complex requirements, for the structuring of their business operations.

In addition, Igor deals with a number of operational tasks for the Firm and its clients, advising on cooperate & commercial matters and Immigration Law.

Download the Guide Before You Make Your Next Strategic Move

Every quarter you wait could mean higher costs and lost opportunities.   

Don’t delay. Download our highly-rated guide that gives you the exact steps to relocate, minimize taxes, and hire global talent under Cyprus’s Foreign Interest Company framework.

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Our professional legal team at C. Pilyugin & Co would be pleased to assist. A member of our team will respond within 1 working day.