Take your business from Egypt into the euro.

On the company rate, 7.5 points. Egypt charges 22.5% on net profit, and Cyprus 15% since 2026, up from 12.5%. The gap widens on dividends. Egypt takes 10% on unlisted shares, while with non-dom status in Cyprus you pay only the 2.65% health contribution (GeSY). Qualifying IP income in Cyprus pays an effective 3%.

Not on leaving. Egypt has no exit tax and no exit return. But it keeps the right to tax a later sale of your unlisted Egyptian shares, wherever you live by then. You must work out and pay that tax yourself within 60 days of the sale. The treaty doesn't stop it if you held 20% or more at any point in the year before.

When none of the tests apply. A permanent home in Egypt, more than 183 days there in any 12 months, or an official post abroad paid by the Egyptian state each keeps you resident. Staying under 183 days doesn't help if a home is still available to you. Until your residency ends, Egypt can also tax dividends you take from your Cyprus company. And a salary from an employer in Egypt stays taxed in Egypt, wherever you work.

Yes. The USD 100,000 yearly limit on transfers abroad ended on 14 June 2017, and banks may now transfer with no maximum. Your bank still checks your identity and where the money comes from, and in practice it needs to have the currency. Cash carried across the border has its own rules, so check the limit with your bank before you fly.

Yes, but it stays Egyptian wherever you run it from. Managing it from Cyprus can make it resident in both countries, and the treaty then looks at where it's really run. For most founders a fresh Cyprus company and an orderly Egyptian wind-down is simplest. A company you keep must stay on Egypt's e-invoicing system, or its costs stop counting for tax.

If your turnover is under EGP 20 million and your customers are in Egypt, quite possibly. It charges 0.4% to 1.5% of turnover and nothing on dividends, and Cyprus can't beat that. But a consultancy earning 90% or more of its turnover from one or two clients is excluded, and once you join, you're locked in for five years.

Ask before you go. Egypt's social insurance is run by the National Organisation for Social Insurance, apart from the tax authority, and its rules for people who emigrate aren't clearly published. The tax treaty doesn't cover it. Confirm what you've built up directly with the Organisation, and don't assume your contributions follow you to Cyprus.

No. Under the 60-day rule you can be Cyprus tax resident with 60 days a year here, a home you rent or own, a business or job in Cyprus, and no more than 183 days in any other country. Running your own Cyprus company can count as the business. Give up your Egyptian home, though. If both countries claim you, the treaty looks at your home first. To live here you also need the Pink Slip, which we file with you.

Yes. The current one was signed on 8 October 2019 and has been in force since 31 July 2020, replacing the 1993 treaty. It caps tax on dividends at 5% or 10%, and on interest and royalties at 10%. It refuses those benefits where getting them was a main purpose of an arrangement, so your Cyprus company needs real activity.