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From Mexico to Cyprus, without the traps.

A Cyprus company pays 15% and, with non-dom status, you pay no tax on dividends. Mexico charges you nothing to leave. But it taxes your Mexican company if you run it from abroad, and keeps you resident if you file your notice late.

  • Fixed prices
  • Eligibility checked before you pay
  • One team for the Cyprus side
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What you take home.

Mexico taxes company profit at 30%, then keeps a final 10% of every dividend. Move the slider to your own profit.

€200,000
In Mexico
Corporate tax
−€60,000
Tax on dividends
−€14,000
You keep
€126,000
In Cyprus
Corporate tax
−€30,000
Health contribution (GeSY)
−€4,505
You keep
€165,495

More in your pocket+€39,495every year

More in your pocket +€39,495 every year

Mexico: 30% corporate income tax on the company's taxable profit, then a final 10% withheld on dividends to an individual, together 37%, not the 30% usually quoted. Dividends paid out of profit that hasn't already been taxed carry an extra charge at company level.

Headline rates for a founder who takes the profit out as dividends and has become Cyprus tax resident with non-dom status. Your own figures will differ. This is an illustration, not tax advice.

What leaving really costs.

Mexico lets you go for free and keeps its claim on your company. Settle these with a Mexican adviser before you book a flight.

  • No exit tax on you

    Mexico doesn't value your shares or treat anything as sold when you leave. There's no federal wealth, inheritance or gift tax either, so the move itself costs you nothing.
  • Your Mexican company can be taxed as if closed

    If your Mexican company is run from Cyprus, Mexico treats it as closed. All its assets, in Mexico and abroad, count as sold at market value and are taxed at 30%, due within 15 days. Before you move, decide whether it stays run from Mexico, is sold or is closed.
  • A Cyprus company run from Mexico is Mexican

    Mexico taxes a company where it's run, not where it's registered. If you take the decisions in Mexico, your Cyprus company is Mexican resident and pays 30% on its worldwide income. There's no tax treaty to settle the clash. Run it from Cyprus.
  • File the notice before you fly

    File the notice of change of tax residence (aviso de cambio de residencia fiscal) no earlier than two months and no later than 15 days before you move. Miss it and you stay a Mexican tax resident, however fully you've left. The old 15-days-after rule ended in 2021.
  • Foreign-company rules while you're resident

    While you're resident, Mexico taxes the profit of a foreign company you control that pays under 22.5%. Cyprus charges 15%. A trading company escapes if passive income stays at 20% or less, but services to customers outside Cyprus count as passive. Claim the IP Box only after you leave.
  • Keeping social security takes a written claim

    You can keep paying into Mexican social security (IMSS) voluntarily if you have 52 weekly contributions in the last five years. Claim it in writing within five years of your registration ending, and don't miss two months of payments, or the cover ends.

What Cyprus offers you.

One flat rate, dividends free of tax for 17 years with non-dom status, and no tax on a share sale.

Corporate tax
15%
One flat rate, with no local surcharges.
Tax on dividends
0%
As a non-dom, for up to 17 years.
Days a year for tax residency
60
Under the 60-day rule, with a home and a business here.
Wealth or inheritance tax
0
Cyprus has neither.
  • As a Mexican you need the Pink Slip, the temporary residence permit for non-EU citizens, because the Yellow Slip is for EU, EEA and Swiss citizens. We check which route fits you and file it with you, and bring in a lawyer for complex cases.
  • Mexico can keep you resident for six years after a move to a low-tax country. Cyprus is on its information-exchange list from 2016, so that shouldn't apply.
  • Cyprus doesn't tax gains on shares. Mexico taxes a private company sale at its ordinary progressive rates, so move before a sale is negotiated.
  • A Cyprus company sells into the EU from inside, with one VAT registration and euro payments. Digital services sold to Mexican consumers still carry Mexican VAT at 16%.

The move, month by month.

The notice window fixes the end date. Everything else is counted back from it.

  1. First

    Decide the company's future

    A Mexican adviser values your Mexican company. We can recommend one if you need it. You decide whether it stays run from Mexico, is sold or is closed, before you change who runs it.

  2. Month 1We do this

    Form the Cyprus company

    We register it with tax, VAT and VIES, and your books open the day you order.

  3. Month 2

    Fix your leaving date

    With your adviser, set the date your Mexican residence ends and count back from it. Check the foreign-company rules for any months you're still resident while the Cyprus company trades.

  4. Month 2 to 3We do this

    A home and your Pink Slip

    Rent or buy a permanent home in Cyprus, and your 60-day count begins. We check which Pink Slip route fits you and file the application with you, with a lawyer for complex cases.

  5. Month 6We do this

    Cyprus certificate and non-dom

    We get your Cyprus tax residency certificate and register your non-dom status, so the proof of your new residence is ready for the notice.

  6. Month 6

    File the notice

    Your adviser files the notice between two months and 15 days before you move. The tax you paid during that year becomes final. There's no annual return, so that year's personal deductions are lost.

  7. Month 8 to 12We do this

    First return and the IP Box

    We prepare your first Cyprus return. Once your Mexican residence has ended, we look at whether the IP Box fits your company.

Mexican founders' questions.

Still unsure? Talk to a person on WhatsApp, or book a free call below.

Not on you. Mexico doesn't value your assets or treat anything as sold when you leave, and there's no federal wealth, inheritance or gift tax. The charge falls on your company. A Mexican company that stops being run from Mexico is treated as closed, and all its assets, in Mexico and abroad, count as sold at market value and are taxed at 30% within 15 days.

When you file your notice of change of tax residence in time, with proof of your new residence. Mexico has no 183-day rule. It looks at where your home is and where your income and work are centred, and it presumes Mexican nationals are resident. File between two months and 15 days before you move. Miss it and you stay resident, taxed on your worldwide income.

Very probably not on the Cyprus route. Mexico keeps you resident for the year of the notice and five more if you move to a low-tax country, unless that country exchanges tax information with Mexico and helps it collect tax. Cyprus is on Mexico's exchange list from 1 January 2016. The second condition rests on the same agreement, so have your adviser confirm it.

No. Mexico treats a company run from Mexico as Mexican, wherever it's registered, and taxes its worldwide income at 30%. There's no tax treaty to settle the clash with Cyprus. And while you're resident, Mexico's rules on foreign companies can tax its profit every year, paid out or not, because 15% sits below Mexico's 22.5% line.

You decide before you move. Keep it run from Mexico by someone there, sell it, or close it. If you run it from Cyprus, Mexico treats it as closed and taxes all its assets at market value within 15 days. And a Mexican company in the simplified RESICO regime loses it once its shareholder controls a Cyprus company. Have a Mexican adviser value it first.

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. Mexico has no day count of its own. What ends your Mexican residence is the notice, filed in time, with your Cyprus certificate as proof.

Probably not. RESICO for individuals charges 1% to 2.5% on what you collect, on turnover up to MXN 3,500,000. No Cyprus structure beats that. But RESICO is closed to anyone who is a partner or shareholder in a company, so once you own one, the comparison changes. The move pays most when you take profit out every year or are heading for a sale.

You can keep IMSS voluntarily if you have 52 weekly contributions in the last five years. Claim it in writing within five years of your registration ending, and don't miss two months of payments. We couldn't confirm a social security agreement with Cyprus, or what happens to your retirement savings fund after you leave, so ask IMSS and your fund in writing before you file the notice.

No. We build and run the Cyprus side. For your Mexican company, the notice, the rules on foreign companies and IMSS, work with a Mexican adviser. We can recommend one if you need it.

Plan your move with us.

Tell us what you own and when you'd like to move. We'll tell you what applies, what it costs, and what to do first.

  • Which rules at home affect you
  • The order to do things in
  • A fixed price for the Cyprus side

30 minutes, by video, free

Moving from somewhere else?

Your move, one partner.

We form your company, apply for your residency with you and keep your books.

What can we help with?

30 minutes, by video, free.