Tax strategy, residency, and relocation explained by the people who do it
Cyprus advisers typically charge by the hour or by project. This article explains the hidden costs of fragmented advice, how subscription models differ and which approach fits a founder’s stage.
ChatGPT, Claude and Gemini can explain the Cyprus tax framework quickly. But personalised advice, current legislation, accountability and execution still require a regulated adviser.
Ten practical signals to read before you commit to a Cyprus corporate services firm. From regulatory status and inter-disciplinary capability to internal controls and professional indemnity, this is the evaluation guide Royal Pine wishes every founder would use before they sign with anyone, including us.
Royal Pine was founded in 2016 by Constantinos Economides, a Cyprus-based corporate services professional with twenty years of experience across EY in London, Deloitte, and his own ventures. The firm operates as one connected system for entrepreneurs, handling tax, legal, banking, compliance, and relocation through Cyprus. In this conversation, Constantinos talks about the founder’s transition from operator to owner, why most never make it cleanly, and what Royal Pine is built to enable. The interview has been edited for length and clarity.
Most discussion around Cyprus’ recent tax reform focuses on rates and incentives. For entrepreneurs relocating to Cyprus as non-dom tax residents, that framing misses the more consequential change. This reform is not primarily about how much tax is paid. It is about where responsibility now sits.
Relocating a business to Cyprus is rarely just a tax or company formation exercise. The biggest mistakes founders make often arise when legal, tax, banking, and residency decisions are planned separately rather than as one connected structure. Here’s what entrepreneurs commonly get wrong and how to avoid it.
Reading about the Non-Dom regime and the 60-day rule is the start. Implementing it correctly, with the right structure and timing is where Royal Pine comes in.
