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Slovakia to Cyprus, once you've grown.

Above €100,000 of revenue a Slovak company pays 21%, while a Cyprus company pays 15% and, with non-dom status, you pay no tax on dividends. Below that line Slovakia is cheaper, and we'll tell you so.

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Run the numbers on your profit.

Slovakia taxes a company's profit at 21% above €100,000 of revenue, then takes 7% of the dividend. Set the slider to your own profit.

€200,000
In Slovakia
Corporate tax
−€42,000
Tax on dividends
−€11,060
You keep
€146,940
In Cyprus
Corporate tax
−€30,000
Health contribution (GeSY)
−€4,505
You keep
€165,495

More in your pocket+€18,555every year

More in your pocket +€18,555 every year

Slovakia: 21% corporate tax, then 7% withheld on dividends from 2025 profits, 26.53% all in. A company with revenue up to €100,000 pays 10%, and there Slovakia beats Cyprus. Above €5,000,000 of revenue the rate is 24%, and 2024 profits pay 10% when paid out.

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 stays behind in Slovakia.

Slovakia doesn't tax you for leaving. It taxes a company that moves, and your registered address alone can keep you resident. Settle these with a Slovak tax adviser first.

  • No exit tax on you

    Slovakia's exit tax applies to companies, not people. Moving yourself doesn't trigger a tax on your shares. There's no wealth, inheritance or gift tax to settle before you go either.

  • Your registered address keeps you resident

    Registered permanent residence (trvalý pobyt) makes you Slovak tax resident on its own, wherever you actually live. So does a home you mean to keep, or 183 days a year in Slovakia. Deregister with your municipality when you move.

  • Moving the company costs 21%

    If your Slovak company moves to Cyprus, Slovakia taxes the gap between its assets' market value and their tax cost at 21%, even if it normally pays 10%. Because Cyprus is in the EU, you can pay over five years if you ask in the tax return.

  • Pay out 2024 profits on purpose

    Dividends are taxed by the year the profit was earned. In 2026, profits from 2024 pay 10%, while profits from 2017 to 2023 and from 2025 pay 7%. Plan the order while you're still Slovak resident.

  • Decisions must leave Bratislava

    A company is Slovak if its key decisions are made in Slovakia, whatever the commercial register says. A Cyprus company run from Bratislava pays Slovak tax on all its income. Take and record the decisions in Cyprus.

  • A dormant company still pays

    Since 2024, a Slovak company pays a minimum tax even in a loss year, from €340 a year. Keeping the old company as an empty shell costs that every year, so price it or wind it down.

What Cyprus adds.

One rate with no revenue bands and no minimum tax, and dividends free of tax for 17 years with non-dom status.

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 Slovak citizen you're an EU citizen, so you don't need a visa. You register with the Yellow Slip, and we file it with you.
  • Being a real director of your own Cyprus company counts towards the 60-day rule, and it helps show the company is run from Cyprus.
  • The Cyprus home you rent for the 60-day rule also shows that your home is no longer in Slovakia.
  • The tax treaty is the old Czechoslovak one from 1980. EU rules cover most payments between the two countries anyway.

The order that works.

Cyprus moves at the Registrar's pace and Slovakia at your municipality's. The order is what matters.

Book a free call
  1. First

    Plan the profit and the company

    With your Slovak tax adviser, you plan which years' profit to pay out first, and whether your Slovak company is kept, wound down or moved. Moving it means valuing its assets first. We can recommend an adviser if you need one.

  2. Month 1We do this

    Form the Cyprus company

    We register it with tax, VAT and VIES. Your books open the day you order, and you start looking for a Cyprus home.

  3. Month 1 to 3

    Decide in Cyprus

    Take the board decisions in Cyprus and record them there. Your proof that the company is run from Cyprus starts that day, not the day someone asks for it.

  4. Around the move

    Deregister your address

    Deregister your permanent residence with your municipality. If you were employed, your employer deregisters you from Slovak social insurance. If you're self-employed, your adviser settles where you're insured.

  5. Month 3 to 6We do this

    Yellow Slip and your day count

    We apply for your Yellow Slip with you, and your Cyprus day count starts in earnest.

  6. The next springWe do this

    Tax residency on both sides

    Your adviser files the Slovak return by 31 March and asks for a Slovak residence certificate where needed. We register your Cyprus tax residency and non-dom status once the year supports it.

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.

Slovak founders often ask.

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

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No, not on your shares. Slovakia's exit tax applies only to companies, and only if the company itself moves abroad. Then it's 21% on the gap between its assets' market value and their tax cost, and for a move to Cyprus it can be paid over five years.

When you've broken all three links. You're resident if you have registered permanent residence in Slovakia, a home there you mean to keep, or 183 days there in a calendar year. Any one is enough. Deregister your address, give up the flat and count your days. Every started day counts.

Only up to €100,000 of revenue. Above that it pays 21%, and 24% above €5,000,000. The line is measured on revenue, not profit, so a business with real turnover leaves the 10% band early. Below the line, Slovakia is cheaper than Cyprus.

The rate follows the year the profit was earned, not the year you pay it out. On a 2026 payment, profits from 2017 to 2023 and from 2025 pay 7%, and profits from 2024 pay 10%. Retained 2024 profit stays more expensive, so the order you pay out in matters.

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. But you also have to break your Slovak links. A Slovak resident pays 7% Slovak tax on dividends from a Cyprus company.

Not any more. The rules that taxed individuals on a foreign company's profit ended on 1 August 2023, and tax already paid counts as overpaid. The rule for companies still applies if a Slovak company owns your Cyprus company. It looks at where the people who make the decisions sit.

It keeps paying Slovak tax, including a minimum tax even in a loss year. That's €340, €960, €1,920 or €3,840 depending on revenue, and €11,520 above €5,000,000. A new company's first return is exempt. If you don't need the company, winding it down saves that cost every year.

You keep it. Your Slovak years count alongside your Cyprus years, and a Slovak pension is still paid after you move. You're insured in the country where you actually work, so once you work in Cyprus you pay in there. You can't keep voluntary Slovak cover on top.

No. We build and run the Cyprus side. Settle a company move, your residency and anything else in Slovakia with a Slovak tax 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?

All countries

Your move, one partner.

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

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What can we help with?

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