COREDO > Legal Services and Protection in Cyprus

Legal Services and Protection in Cyprus

Legal Protection for Business in Cyprus

Cyprus is one of the leading financial and technology hubs in the EU, offering an attractive tax system and access to the European market. The jurisdiction provides an efficient IP Box regime, 0% tax on dividends, and EU passporting for CySEC/CBC licences for EMI, PSP, and CASP companies.

Since 2016, COREDO has been supporting regulated businesses in Cyprus — from licensing and MiCA compliance to legal support and communication with regulators.

Get a Consultation

Cost of the services
from 500 EUR

Specifics of Doing Business in Cyprus

Taxation

Since 2026, Cyprus corporate tax is set at 15%. The IP Box regime maintains an effective 2.5% rate on qualifying IP income through an 80% deduction. Dividends and gains from securities trading are tax exempt. The standard VAT rate is 19%. Non-domiciled individuals may benefit from 20% or 50% income tax exemptions.

Licensing

CySEC regulates investment services and CASPs under MiCA, while the Central Bank of Cyprus (CBC) supervises banks, payment institutions, and EMIs. An EMI licence requires EUR 350,000 capital and at least 5 directors (including 2 executive directors). MiCA and DORA are fully implemented. CySEC and CBC licences provide EU passporting rights.

Reporting and Compliance

Companies must file the annual HE32 return. The first filing is due within 18 months from incorporation, followed by annual submissions after the AGM. Reporting obligations apply even to dormant companies. Failure to submit filings may lead to company strike-off.

Our Services for Business in Cyprus

COREDO provides a full range of legal services for companies operating in Cyprus:

Company registration and legal structure selection

Cyprus Limited (LTD); assistance with registration at the Registrar of Companies

Drafting and review of legal documentation

articles of association, commercial contracts, NDA, GDPR and AML/CFT policies

Legal review of contracts

contract review under Cypriot law, identification of legal risks

Transaction and negotiation support

M&A, investment agreements, IP asset structuring

Representation before authorities

liaison with CySEC, CBC, tax authorities; support during inspections

Tax advisory

IP Box regime, dividend policy, VAT, application of double tax treaties

Support for regulated companies

EMI, PSP, and CASP: preparation of licensing documentation, MiCA and DORA compliance, interaction with CySEC/CBC

Monitoring legislative changes

tracking updates from CySEC, CBC, and EU regulations

Who Contacts Us

Legal protection services in Cyprus are in demand among:

Foreign investors establishing companies in Cyprus to optimise their tax burden through IP Box

Technology companies monetising intellectual property at an effective rate of 2.5%

Regulated companies — EMI, PSP, CASP — obtaining a Cypriot licence to operate across the entire EU

Crypto and fintech companies requiring CySEC licensing and MiCA compliance

Companies with cross-border operations using Cyprus as a holding or IP jurisdiction

Companies under regulatory pressure — during CySEC or CBC inspections or legal disputes

How We Work

Initial consultation

we analyse the client’s legal position: type of activity, licensing status, and regulatory risks in Cyprus.

01

Legal audit

we assess compliance with Cypriot legislation, the CySEC/CBC Handbook, and EU regulations. We identify risk areas.

02

Strategy development

we determine the optimal legal protection format and analyse applicable tax incentives.

03

Legal support

document preparation and review, interaction with CySEC and CBC, contract structuring.

04

Ongoing support and monitoring

monitoring changes in Cypriot legislation and EU regulations with timely client updates.

05

Timelines

Legal Opinion:

approximately 1 week — standard timeframe

One-off consultation (up to 5 hours):

1–2 business days

Legal Outsourcing start:

3–5 business days from agreement on terms

Contract documentation:

5–10 business days depending on complexity

Pricing

Service	Price
Legal Opinion	from EUR 500
Legal Outsourcing — 5 hours	EUR 550
Legal Outsourcing — 10 hours	EUR 1,000
Legal Outsourcing — 20 hours	EUR 1,800
Legal Outsourcing — 40 hours	EUR 3,200
Legal Outsourcing — 80 hours	EUR 5,600
Legal Outsourcing — 160 hours	EUR 9,600
One-off consultation Basic (up to 5 hrs)	EUR 130/hour
One-off consultation Standard (from 20 hrs)	EUR 100/hour
One-off consultation Premium (from 80 hrs)	EUR 80/hour

Pricing depends on the complexity of the task. Submit a request for a quote.

Our Experts

Pavel Kos

At COREDO since June 2017. Has been leading the legal team since 2020. Specialises in licensing (EMI, PSP, CASP), corporate law, and support for regulated organisations across EU jurisdictions.

Basang Ungunov

At COREDO since June 2022. Holds an LLM in civil law. Specialises in preparing legal opinions and legal review of contractual documentation.

Frequently Asked Questions

What does legal protection in Cyprus include?

COREDO provides Cyprus LTD registration, legal support for CySEC and CBC licensing (EMI, PSP, CASP), advice on the IP Box regime and tax planning, development of AML/GDPR policies, and representation before Cypriot regulators.

Is physical presence in Cyprus required?

In most cases — no. Company registration, document preparation, and interaction with CySEC/CBC are handled remotely. EMI licensing requires a local director; however, COREDO assists with sourcing one.

How much does legal support in Cyprus cost?

Legal Opinion — from EUR 500, timeframe approximately 1 week. Legal outsourcing packages: from EUR 550 (5 hours) to EUR 9,600 (160 hours). One-off consultations: EUR 80–130/hour.

How quickly can COREDO start working?

Legal Outsourcing begins within 3–5 business days. A Legal Opinion is prepared in approximately 1 week. One-off consultations — 1–2 business days.

Can COREDO assist with obtaining an EMI licence in Cyprus?

Yes. COREDO supports the full EMI licensing process through CBC: business plan, AML/CFT policies, corporate structure, and interaction with the regulator. The initial capital requirement for EMI is EUR 350,000.

Does COREDO work with CASP companies under MiCA?

Yes. COREDO provides legal support for CASP licensing through CySEC, MiCA compliance, and ongoing regulatory support for crypto-asset organisations in Cyprus.

Get Legal Support for Your Business in Cyprus

Our experts are ready to help. Submit a request — we will get back to you within 1 business day.

Phone: +420 228 886 867 Email: info@coredo.eu Office: K Cervenemu dvoru 3269/25a, Prague, 130 00, Czech Republic