Services
Accounting & Book-keeping
Our team of experienced and qualified professionals can provide a wide range of accounting and book-keeping services needed to effectively control a local or an International Business Entity. The accounting services offer to you will help you keep track of the performance and position of your business on a daily basis.
Payroll, Tax & VAT Submissions
We provide clients with fully managed payroll, tax and VAT submissions service. This service includes monthly administration, online processing and timely payments to the Inland Revenue and the Department of Social Security
Tax & Corporate Restructuring
Cyprus has one of the lowest corporate tax rates in the EU and companies are allowed to use ‘notional interest deduction’ (NID) to reduce effective taxes to very low levels. We review client’s tax and residence status to identify tax planning opportunities for companies and families and propose strategies to achieve tax optimization in accordance with Cyprus and international legal requirements.
- Non-Domicile Status (Non Dom)
- Tax Advisory & Compliance
- Audit & Assurance
- AIFs (Alternative Investment Funds)
- Company Formation & Administration
- Corporate Economic Substance
- Real Estate Advice & Consulting
- Personal Relocation & Migration Services
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Cyprus IP Box Regime
Trust in Cyprus
Cyprus trusts are a flexible tool for estate planning, tax efficiency, and asset protection, removing assets from the settlor’s estate and safeguarding them from creditors or forced heirship rules. They offer significant tax advantages, including exemptions from income tax, capital gains tax, and estate duty, making them attractive to international investors. Trusts can provide for minors, vulnerable individuals, or family members while keeping administration costs low and avoiding reporting obligations. With strong regulatory oversight by the Cyprus Bar Association and CySEC, Cyprus trusts combine confidentiality, compliance, and long-standing reliability for both local and international clients.
Non-Domicile Status (Non Dom)
The Cyprus non-dom status is very attractive for individuals who receive dividends and interest income from global sources. We study client’s circumstances and advise on the best way to benefit from tax exemption on income from dividends and income received for a period of 17 years.
Tax Advisory & Compliance
Our experienced staff monitor regulations introduced by European and International accounting and banking authorities and advise clients how to comply in the most efficient way. In cooperation with external tax experts, we provide customized advisory services for companies and individuals
Audit & Assurance
We employ methodology based on International Standards of Auditing (ISA) and present detailed financial statements to our clients. We offer Statutory Audit of Cyprus resident companies, in accordance with International Financial Reporting Standards (IFRSs) and requirements of the Cyprus Companies Law.
AIFs (Alternative Investment Funds)
Cyprus has become an attractive jurisdiction for Alternative Investments Funds (AIFs) due to low set-up and operational costs combined with fast-track approval. In cooperation with our legal and fiduciary service partners, we assist clients to setup and manage Cyprus based Alternative Investment Funds (AIFs), licensed and regulated by the Cyprus Securities and Exchange Commission (CySec).
Company Formation & Administration
We study the needs and objectives of our clients and advise the most suitable jurisdiction for setting up limited company or other legal entity. We then introduce clients to our network of lawyers and fiduciary service providers who create the legal entity and provide the required corporate support services. Additional we help clients to open bank accounts and ensure that the new company is in full compliance with local and international regulations.
Corporate Economic Substance
Corporate economic substance legislation into force in several jurisdictions including Cyprus can be used to offer advantageous tax regimes to global companies and investors. These regulations impose requirements on companies to demonstrate that operations are controlled from the tax resident their presence in the jurisdiction. Relikor offers add-on services to ensure that the company’s fiscal residency is robust, properly established, and managed.
Real Estate Advice & Consulting
In cooperation with licensed real agents and reliable property developers, we study clients’ needs and objectives and present options which offer good prospects for value appreciation and/or rental income. We also help our overseas clients with sales, rentals, maintenance and any other additional services required.
Personal Relocation & Migration Services
In cooperation with experienced migration consultants and lawyers, we assist the HR department of our corporate clients to help their employees and their families to relocate to Cyprus. We advise how to prepare necessary documents and make applications for residency permits and work permits on time and in the proper way.
Cyprus IP Box Regime
Cyprus has established itself as a highly competitive jurisdiction for intellectual property management through its IP Box Regime. The regime is designed to promote innovation and research and development activities.
It offers significant tax benefits to businesses developing or exploiting qualifying IP assets.
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An 80% deduction is available on qualifying IP profits.
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Only 20% of IP income is subject to corporate tax.
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The standard corporate tax rate is 12.5%.
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This results in an effective tax rate as low as 2.5%.
Cyprus is therefore one of the most attractive IP jurisdictions in the EU.