Hey everyone, I’m not an EU resident (I live in the U.S.), but I’m thinking opening company in Cyprus for easier access to European clients. I’ve read mixed things online — some say you need to live there or have a local director, others say it’s 100% remote. Can someone clear that up for me? Also, if I decide to become tax resident later, does that come with any benefits? I just want to make sure I’m not missing any legal requirements before I start process.

That’s awesome. I always thought you had to be local resident to register, but it makes sense that a service can provide the office address for compliance. The digital process is huge plus — it’s a big step up from the old days of mailing papers around. I’d definitely get in touch with them first and confirm what documents you need before you start. Sounds like Cyprus is really opening up to international business owners, which is great to see.