Leave Switzerland's wealth tax behind.
Switzerland doesn't tax you for leaving, and Zug taxes company profit at just 11.8%. Cyprus wins on dividends and on the yearly wealth tax. The catch is your Swiss company. Run it from abroad and Switzerland taxes its growth in value.
- Fixed prices
- Eligibility checked before you pay
- One team for the Cyprus side
The gap opens at the dividend.
Zug taxes company profit less than Cyprus does. The difference comes when you take the money out. Move the slider to your own profit.
- Corporate tax
- −€23,600
- Tax on dividends
- −€38,808
- You keep
- €137,592
- Corporate tax
- −€30,000
- Health contribution (GeSY)
- −€4,505
- You keep
- €165,495
More in your pocket+€27,903every year
More in your pocket +€27,903 every year
Switzerland, modelled on canton Zug: 11.8% total tax on company profit, as the canton states it, then 22% on dividends. That 22% is our own arithmetic for a holding of 10% or more, with 70% of the dividend taxed federally and 50% in Zug, and it leaves out the yearly wealth tax.
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 Switzerland still charges.
Switzerland lets you go. Your company and your pension are another matter. Settle these with a Swiss adviser before you move.
No exit tax on you
Your Swiss tax ends on the day you leave, and your shares aren't treated as sold. Gains on private shares are already tax-free in Switzerland, so Cyprus adds nothing there. Restructuring your shares just before you leave can still be taxed as income.Your company's growth in value
Run your GmbH or AG from Cyprus and Switzerland taxes it on its hidden reserves, the growth in value it never paid tax on. That includes goodwill that was never in the accounts, often the largest part for a founder-run company. Get it valued first.Run from Switzerland, taxed in Switzerland
A company is taxed where it's really run. A Cyprus company run from Switzerland pays Swiss tax on all its profit, from the first franc. So you can't stay in Zug and invoice through Cyprus. You and the decisions both have to move.Up to 15% on dividends from the old company
Keep the Swiss company and up to 15% of every dividend to you stays in Switzerland, for good. Wind it up and the payout is taxed as income, not as a tax-free gain, with 35% withheld that you can reclaim down to 15%.Voluntary AHV is closed to you
You can't pay into the Swiss state pension (AHV) voluntarily from Cyprus, because Cyprus is in the EU. What you've built up stays yours. Your pension fund (Pensionskasse) needs Swiss advice of its own before you go.A full year's rate on a short year
Your Swiss tax ends on the day you leave, but your last part-year is taxed at the rate for a full year's income. A short, well-paid final year costs more than you'd expect.
Where Cyprus pulls ahead.
No yearly tax on what your shares are worth, and no tax on dividends 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.
- Switzerland isn't in the EU, but Swiss citizens have the same free movement as EU citizens. You register your residence with the Yellow Slip, the registration certificate for EU, EEA and Swiss citizens staying in Cyprus more than three months. We file it with you, and no lawyer is needed.
- Running your own Cyprus company can count towards the 60-day rule. Done for real, it also shows that the company is run from Cyprus.
- Under the tax treaty between Switzerland and Cyprus, interest and royalties are taxed only where you live. Cyprus takes no tax at source on dividends, interest or royalties.
- A Swiss online shop deals with the EU from outside, with customs and import VAT. A Cyprus company sells inside the EU, with one VAT return for consumer sales.
Your move, step by step.
The timings depend on your case. Start with the company you already have.
- First
Work out the Swiss side
A Swiss tax adviser works out what moving costs your company, plans the timing of any wind-up and asks for your AHV record. Your pension fund gets its own advice. We can recommend an adviser if you need one.
- Month 1We do this
Form the Cyprus company
We register it with tax, VAT and VIES. Your books open the day you order.
- Month 1 to 3We do this
Yellow Slip and a home
We file your Yellow Slip with you to register your residence. You rent or buy the Cyprus home the 60-day rule needs.
- Month 2 to 4
Deregister at your commune
Deregister in person and collect your certificate of origin (Heimatschein). Move your health insurance to Cyprus. Deregistering only records the move. Your life has to really be in Cyprus.
- Month 3 to 6
Run the company from Cyprus
Take the company's decisions in Cyprus and record them here, while your Swiss adviser winds down or restructures the Swiss company.
- From month 12We do this
Tax residency and non-dom
We register your Cyprus tax residency and non-dom status, then keep your day counts and Cyprus filings in order.
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-offYellow Slip
Your residence registration as an EU, EEA or Swiss citizen, filed with you.€400per 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
What Swiss founders want to know.
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.