Nicosia·Monday, September 21, 2026
Cyprus Lifestyle
The Island, At Its Best
Photo: UnsplashA tax regime, a time zone and a marina walk are quietly moving capital south-east.
The pitch is unglamorous and effective: a competitive tax residency, English-language courts, a workforce that speaks three languages before lunch, and a flight map that reaches London, the Gulf and Athens with ease. For a mid-sized fund, the maths is simple.
What the spreadsheets miss is the softer draw, the sense that work and life can share a coastline. That is harder to model, and, several managers admit, the reason the meeting turned into a move.
From choosing a structure to your first VAT return, the real sequence of starting a Cyprus company, with the forms, authorities and figures that actually apply.
The income tax bands, the VAT thresholds and the filing deadlines that decide your year, set out plainly and with the current figures.
Roughly 180 activities need a permit before you can trade, from estate agent to pharmacist. Here is how the licence system works and what it takes.
The week on the island, chosen and written by our editors — property, culture and the good life, in one considered email.
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