3rd Cyprus International Technology Relocation Summit

Silver Sponsors: 3rd Cyprus International Technology Relocation Summit

NOBEL TRUST Limited and IOANNIDES DEMETRIOU LLC announce Silver Sponsorship at the 3rd Cyprus International Technology Relocation Summit

Nobel Trust Limited and Ioannides Demetriou LLC will be participating as Silver Sponsors at the highly anticipated 3rd Cyprus International Technology Relocation Summit, taking place in Nicosia on October 13th-14th, 2025.

The summit is a premier platform for technology leaders, innovators, and decision-makers. It explores why Cyprus is rapidly becoming a top destination for tech companies and international talent. As a forward-thinking hub, Cyprus continues to offer strong opportunities for business growth and relocation.

Why Cyprus is the ideal location for technology companies

Cyprus is increasingly recognised for its strategic advantages, attracting global businesses and professionals alike. Some key reasons why Cyprus is a preferred choice for tech and innovation include:

  • Strategic Location: Positioned at the crossroads of Europe, the Middle East, and Africa, Cyprus is a natural hub for global business operations.
  • Favorable Tax Environment: The country’s attractive tax framework and business-friendly incentives provide a competitive edge for technology companies and startups.
  • Tailored Residency & Relocation Schemes: Cyprus offers customised residency programs for both individuals and businesses in the tech and innovation sectors, making it easier for talent to relocate and expand operations.
  • High Quality of Life: Cyprus boasts a safe, vibrant community with an exceptional quality of life, making it an unparalleled destination for both professionals and families.

Our team will be on-site at the summit to meet with businesses considering Cyprus as their next base of operations. We will be sharing valuable insights on the relocation process, legal frameworks, and the growth opportunities available to businesses in Cyprus.

Let’s connect at the summit

We invite you to join us at the summit to discuss how we can support your company’s relocation or expansion journey. Our experts are ready to provide the guidance and resources necessary for a successful transition to Cyprus.

Contact us for more information.

Date & Location: October 13-14, 2025, Nicosia, Cyprus

Key Benefits of Cyprus: Strategic location, favorable tax environment, tailored relocation schemes, high quality of life

What to Expect: Meet with experts, gain practical insights, explore growth opportunities

IDLAW and Nobel Trust Tax event, 30th November 2023, Nicosia, Cyprus

Recent Developments in EU Tax Law, Taxpayers’ Rights and the Impact on Cyprus

IOANNIDES DEMETRIOU LLC and Nobel Trust Ltd jointly organised the event titled: “Recent Developments in EU Tax Law, Taxpayers’ Rights and the Impact on Cyprus” on Thursday, 30th November 2023, Nicosia, Cyprus.

The above topics were presented by leading counsel Professor Philip Baker, KC, OBE, Field Court Tax Chambers & the University of Oxford, and Ioannides Demetriou LLC’s collaborating Special Tax Counsel Professor Christiana HJI Panayi, Chair in Tax Law at Queen Mary University of London.

The presentations provided a unique opportunity to be informed of the recent legal developments in relation to the protection of taxpayers’ rights as well as anticipated developments in tax law within the EU.

Recording of the event:

Regional or Global Headquartering in Cyprus

Regional or Global Headquartering in Cyprus

Cyprus is becoming increasingly popular as a country of choice by many international groups looking to relocate their headquarters. The country has drawn international attention and is becoming a top destination for doing business, investing and living. The benefits are multifaceted and attributed to the country’s status as a European Union and Eurozone member state with progressive legislation, regulatory regime, a stable financial environment with its advantageous tax system, and highly experienced professional service providers.

Corporate structuring is one of the country’s areas of expertise. Headquartering companies are established to channel investments into key global markets for many international companies that do business in Cyprus, the Eastern Mediterranean and even globally. With headquarters in Cyprus, companies enjoy free movement of goods, services, and capital.

As a leading jurisdiction for relocation and set up of regional headquarters, Cyprus offers an ideal location, with natural beauty, and strong history and culture, attracting human capital required to control and manage business activities.

Cyprus Tax system: tax advantages offered

  • Simple, transparent, and harmonized EU tax system
  • Tax benefits of EU directives
  • Cyprus double tax treaties with more than 60 countries
  • Notional Interest Deduction for companies receiving new equity financing which reduces significantly their taxable income
  • An Intellectual Property regime based on the Nexus approach and allowing an 80% imputed deduction on qualifying profits from the business use of qualifying intellectual property. Exemption of 4/5 of profits means that only about 20% of IP revenues are taxed at a corporate tax rate of 12.5%.
  • Attractive Cyprus tonnage tax (TT) scheme for shipowners, managers, and charterers
  • Attractive tax regime for Cyprus funds and for Cyprus fund managers
  • Capital gains are exempt from Cyprus taxation (excluding capital gains arising from the sale of immovable property located in Cyprus)
  • Profits of a foreign Permanent Establishment are exempt from tax
  • Securities trading proceeds (stocks, bonds, and certain other financial instruments) are exempt from Cyprus tax
  • Unilateral credit relief is granted to Cyprus companies for foreign taxes in Cyprus
  • No withholding tax on dividends paid by a Cyprus company, interest, or royalty payments (for use of royalties outside Cyprus) to its shareholders
  • There is no inheritance tax in Cyprus
  • There are multiple tax incentives and relieves for expatriates and individuals who seek to become tax resident in Cyprus
  • There is a friendly investor scheme for work-permits granted to non-EU employees of the employer company

Cyprus Foreign Investments

The traditional key driving forces of the country’s economy include traditional sectors of shipping, real estate, tourism and professional services. Over the last few years there is an increasing trend towards industries including energy, education, healthcare, and technology.

This latter industry is supporting the country in its transition from a global business centre to a growing technology and innovation hub. ICT companies can establish an IP holding and development company in Cyprus. The benefits include lower effective tax rates while having the legal protection applicable as per EU legislations, protocols and treaties.