Case Study: Relocation from Poland to Cyprus and Registration of a Cyprus Company

Case Overview

A Ukrainian citizen contacted Feod Group while residing in Poland. At the time of the inquiry, the client had decided to relocate to Cyprus. He was cooperating with a U.S.-based company and wanted to structure his business through a Cyprus company in order to operate internationally within a European jurisdiction.

The client’s main objectives were:

• organize relocation from Poland to Cyprus;
• obtain Temporary Protection status in Cyprus;
• find long-term accommodation;
• register a company in Cyprus;
• establish a system for receiving international payments from a U.S. company;
• create a legally compliant business structure.

Project Implementation

The lawyers at Feod Group provided comprehensive legal support throughout every stage of the client’s relocation and business setup.

1. Relocation and Temporary Protection

We advised the client on the relocation procedure from Poland to Cyprus, prepared all the required documentation, and assisted throughout the process of obtaining Temporary Protection status in Cyprus. After receiving Temporary Protection, the client obtained the legal right to reside in Cyprus and carry out business activities in accordance with the laws of the Republic of Cyprus.

2. Assistance with Renting Accommodation

Our specialists assisted the client by:

• finding suitable accommodation through our trusted partners based on the client’s budget and preferences;
• negotiating with the landlord;
• preparing and reviewing the tenancy agreement;
• arranging the transfer of electricity and water utility accounts into the client’s name.

This enabled the client to confirm his residential address for government authorities and banking purposes.

3. Cyprus Company Registration

After the relocation was completed, we registered a private limited company (Cyprus Ltd) for the client.

Our services included:

• company incorporation;
• preparation of all corporate documents;
• obtaining the company’s Tax Identification Number (TIN);
• providing consultations on accounting requirements and the mandatory annual audit.

4. Organization of International Business Operations

To facilitate cooperation with the U.S. partner, we prepared a professional service agreement.

Following the opening of a corporate bank account, the client began receiving payments from the U.S. company directly into the bank account of his Cyprus company.

As a result, the business operations were successfully transferred to a European legal entity with a transparent corporate structure, allowing the client to work efficiently with international customers.

Result for the Client

• Successfully relocated from Poland to Cyprus.
• Obtained Temporary Protection status in Cyprus.
• Rented accommodation with the assistance of Feod Group’s trusted partners, signed the lease agreement, and transferred utility accounts into his own name.
• Registered a Cyprus company for international business operations.
• Started receiving payments from the U.S. company directly to the Cyprus company’s bank account.
• Received comprehensive legal support throughout the relocation process, legalization, and business establishment in Cyprus.

Get a Free Consultation

If you are considering relocating to Cyprus, obtaining legal residence status, registering a company, or planning your taxes, contact Feod Group for a free consultation.

During the consultation, we will:

• analyze your personal situation and relocation objectives;
• explain the procedure for obtaining legal grounds for residence in Cyprus;
• advise you on taxation, doing business in Cyprus, opening a corporate bank account, and receiving international payments;
• answer all your questions regarding the process, required documents, costs, and timeframes.

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