Leave Russia, build in Cyprus.
A Cyprus company pays 15% and, with non-dom status, you pay no tax on dividends once your Russian tax residency ends. Russia charges no exit tax, but currency rules follow a citizen abroad. EU sanctions bar us from serving a company established in Russia.
- Fixed prices
- Eligibility checked before you pay
- One team for the Cyprus side
What stays with you.
Russia takes 25% of company profit, then up to 15% of the dividend. Move the slider to your own profit.
- Corporate tax
- −€50,000
- Tax on dividends
- −€22,500
- You keep
- €127,500
- Corporate tax
- −€30,000
- Health contribution (GeSY)
- −€4,505
- You keep
- €165,495
More in your pocket+€37,995every year
More in your pocket +€37,995 every year
Russia: 25% profit tax, 8% federal and 17% regional for 2025 to 2030, then 15% on dividends, the top band of a separate scale that charges 13% up to 2.4 million roubles. Russian IT companies pay 5%.
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 Russia still asks of you.
Leaving costs no exit tax, but several duties stay with a Russian citizen. Settle this side with a Russian tax adviser. We can recommend one if you need it.
No exit tax
Ending your tax residency doesn't make Russia treat your shares as sold. Renouncing citizenship needs only a certificate that you owe no tax. A Russian company can't move abroad, so you form a new one in Cyprus.The treaty is suspended, not cancelled
Russia has switched off most of its tax treaty with Cyprus, including the lower withholding rates. Payments from Russia to a foreign company now pay 20% on dividends and 25% on interest and royalties. The rules on dual residence and credit for foreign tax still apply.Currency residency stays
Tax residency ends once you spend under 183 days in Russia in 12 months. Currency residency follows your passport. You report foreign accounts in any calendar year you spend 183 days or fewer abroad, including accounts you skipped before.CFC notices cost 500,000 roubles
While you're Russian tax resident, owning over 25% makes your Cyprus company a CFC, a foreign company Russia can tax in your hands. Each missed yearly notice costs 500,000 roubles, even if no tax is due. A new stake over 10% needs notice within three months.EU reporting follows your passport
An EU company more than 40% owned by a Russian national reports transfers out of the EU above €100,000 a quarter, within two weeks of the quarter's end. Living in Cyprus on a Pink Slip doesn't exempt you.Your Russian company stays outside
EU sanctions bar EU firms from accounting, tax and consulting work for a company established in Russia, even through a Cyprus company. We serve you personally and your companies outside Russia.
What you get in Cyprus.
One flat rate at the company. Once your Russian tax residency ends, a dividend from your Cyprus company is outside Russian income tax.
- 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.
- To live in Cyprus, Russian citizens need the Pink Slip, the temporary residence permit for non-EU citizens. We check which route fits you and file it with you, and bring in an immigration lawyer where your case needs one.
- The 60-day rule no longer requires you to be non-resident elsewhere. If Russia still claims you, the treaty's rule for settling dual residence still works.
- Running your own Cyprus company counts as the business the 60-day rule needs, so the company and your residency are one project.
- Russia is on the EU high-risk list from 29 January 2026, so Cyprus onboarding needs proof of where your money and wealth come from. Gather it before the first meeting.
How the move plays out.
Timings depend on you and on your Pink Slip application. Read this as an outline, not a schedule.
- Before you go
Plan the departure year
Your Russian tax adviser plans your departure year and any Russian company. Count your days on both sides, and gather proof of your source of funds and wealth for onboarding.
- Month 1We do this
Form the Cyprus company
We register it with tax, VAT and VIES, and your books open the day you order. If you're still tax resident, a stake over 10% needs notice in Russia within three months.
- Month 1 to 3We do this
Pink Slip and directorship
We check which route fits you, prepare your Pink Slip application and file it with you, with an immigration lawyer where needed. You become director of your Cyprus company.
- Month 3 to 6
A home and foreign accounts
Rent or buy the Cyprus home the 60-day rule needs. Your Russian adviser tells the tax office about each foreign account within a month of opening it.
- Each quarter
Check the EU transfer report
If your Cyprus company pays more than €100,000 out of the EU in a quarter, the report is due two weeks after the quarter ends.
- From month 12We do this
Tax residency and non-dom
After your first clean year outside Russia, we register your Cyprus tax residency and non-dom status. Keep counting days, because the currency reporting relief is tested again every year.
The Cyprus side, done for you.
Fixed prices, excl. VAT, agreed before you start. Government fees are charged at cost, on top of our fee, once your application is approved.
Your Cyprus company
Registered for tax, and for VAT and VIES when it needs them. Approval guaranteed, and books open the day you order.€950one-offPink Slip
Your residence permit as a non-EU citizen, filed with you.€600per personTax residency and non-dom
Registered as Cyprus tax resident, with non-dom status for 0% tax on dividends.€750per personBookkeeping and filings
Sumly keeps your books and prepares every Cyprus return.From€39a month
Questions from founders leaving Russia.
Still unsure? Talk to a person on WhatsApp, or book a free call below.
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
Your move, one partner.
We form your company, apply for your residency with you and keep your books.