A director
At least one. Where the company is really run from decides where it is taxed.
Your company in Cyprus.
We're an installation and service company in Larnaca. Our founder set up his own company here and made the mistakes first. Here's what he learned and the practical work we do for companies.
Our own company is registered in Larnaca34.92° N, 33.62° E
What Cyprus offers a company.
The rules in force since the tax reform of 1 January 2026. As of October 2026. Not tax or legal advice: your own structure is checked by a licensed accountant and lawyer.
15%
Corporate income tax
The standard rate for every company since 1 January 2026, up from 12.5%.
PwC Worldwide Tax Summaries, KPMG, EY, 2026
0%
Withholding tax on dividends to shareholders abroad
Dividends paid to non-resident shareholders leave Cyprus without withholding tax. The exceptions are payments to related companies in jurisdictions on the EU blacklist or on the list of low tax jurisdictions.
PwC Worldwide Tax Summaries, EY, KPMG, 2026
No deemed distribution
Profits can stay in the company
For profits from 2026 on, Cyprus no longer treats part of what a company keeps as paid out. Transitional rules still apply to profits up to 2025.
KPMG, The Cyprus tax reform, February 2026; PwC
0%
On gains from selling shares and bonds
Gains from disposing of securities are exempt from corporate tax, unless they come from property in Cyprus.
PwC Worldwide Tax Summaries, 2026
5%
On dividends to owners who live here
The defence contribution on dividends to residents whose domicile is Cyprus fell from 17% to 5% for profits from 2026. Owners with non-dom status pay none.
PwC Worldwide Tax Summaries, KPMG, 2026
2011
A double tax treaty with Germany
Signed in Nicosia in February 2011, in force since December 2011, amended by a protocol in 2021.
Deutscher Bundestag, Drucksache 17/6259; Cyprus Ministry of Finance
2004
Inside the EU, in the euro, in English
An EU member since 2004 and in the euro since 2008. Business runs in English, and company law grew out of English common law.
European Union, europa.eu
What a Cyprus LTD needs.
These responsibilities come with the benefits. We go through them with you before the lawyer and accountant put the arrangements in place.
A secretary
Every company has a company secretary.
An office in Cyprus
A registered office on the island.
Audited accounts
Financial statements every year, checked by an auditor, and the annual return to the registrar.
Coming from Germany? Read this first.
A company run from Germany is taxed in Germany. What counts is where the business is really managed. A Cyprus LTD whose decisions are made in Germany stays taxable there, whatever its registration says.
Your shares can be taxed when you leave. If you hold a share in a company and give up your residence in Germany, Germany can tax the gain on those shares as if you had sold them (exit taxation, § 6 AStG).
So the order matters. Plan the structure with a licensed accountant before you move anything. We introduce you to the ones we trust.
Who does what.
Licensed professionals handle advice that requires a licence. We do the rest ourselves.
The company itself.
- A licensed lawyer
- Sets the company up and registers it.
- A licensed accountant
- Keeps its books and answers the tax questions.
- Our part
- We explain the steps beforehand and introduce you to both. We stay at your side while it runs.
Authorities and forms.
- Registrations
- Registrations, forms and dealings with authorities in a company's first months.
- Letters and replies
- Correspondence and paperwork, in English or German.
Your workplace.
- Technical fit-out
- Mounts, cabling, screens and sound systems in an office, shop or venue.
- Trades and repairs
- Renovation, repairs and other jobs around the premises.
The people you need.
- Staff and partners
- Through the SRS Community: people who live and work in Cyprus.
- Your team's move
- If your people come with you, we go through the move with each of them.
The work you hand over.
- Sales and customers
- Calling prospects, advising customers, making sales and looking after your existing customers.
- Marketing
- Newsletters and campaigns based on what your own sales figures tell you about your customers.
- Office
- Orders, complaints and the paperwork a small company never has time for.
Advice from licensed professionals.
Legal and tax advice comes from licensed lawyers and accountants. We introduce you to the ones we trust.
We learned who to trust the hard way. We started in Cyprus with the wrong lawyers and a bad tax adviser.
You talk to Noel Schmitt‑Rheinbay. He founded SRS Dynamic LTD in Larnaca and runs it. His story
What does your company do?
Tell us about your company today, in English or German. Whatever you need, we'll do what we can to make it work. We quote each job on its own. Sometimes introductions and help cost nothing, for example when our two companies agree to work together.
What else we do.
Moving to Cyprus
For you and anyone moving with you: the benefits of living in Cyprus and help with the move.
Trades, sales & office work
Technical work and trades on site, sales, marketing and office work, in Cyprus or wherever the job is.
The right people
Staff, partners and tradespeople through the SRS Community.