Table of Contents
- Why Dortmund Is the Ideal Location for International Tax Consulting
- Cyprus as a Tax Destination: What Dortmund Entrepreneurs Need to Know
- Setting Up Cypriot Companies: The Path from Dortmund to Cyprus
- International Tax Planning in Dortmund: My Consulting Approach
- The Best Tax Advisors for Cyprus Matters in Dortmund and Surroundings
- Frequently Asked Questions About Cyprus Tax Consulting in Dortmund
Let me start with a dose of reality: As an international tax mentor here in Dortmund, I encounter entrepreneurs every day who face the same challenge.
They earn well—very well, in fact. But the German tax burden eats up a significant chunk of their hard-earned profits. At the same time, they keep hearing about Cyprus as an attractive tax location—but they don’t know how to take proper advantage of it.
Here’s the good news:
You don’t need to go to Munich or Hamburg to find competent advice on international tax structures. Nor do you have to travel all the way to Frankfurt and its big law firms. The solution is right here in the Ruhr region.
My name is Richard Meyer-Stern—RMS for short—and I bring you over 15 years of experience in international tax consulting. I don’t speak in legal clauses and paragraphs like your typical tax advisor. Instead, I’m a mentor who explains complex matters in plain terms.
Why Cyprus? Because it’s one of the few EU jurisdictions that combines real tax advantages with legal security. And why Dortmund? Because this city is the perfect base for international business—with a mentality that fuses pragmatism and innovation.
Why Dortmund Is the Ideal Location for International Tax Consulting
In recent years, Dortmund has evolved into a genuine hub for innovative entrepreneurs. I see it every day in my consulting practice.
The numbers speak for themselves: Over 4,200 international companies have set up shop here. That’s no coincidence. The city offers a unique blend of traditional industrial expertise and digital innovation.
The Dortmund Entrepreneurial Mindset
What I especially admire: People here in the Ruhr area have a pragmatic approach. They’re not interested in theoretical treatises on tax law. They want practical solutions that simply work.
This attitude is a perfect fit for international tax structures. Here too, it’s about hands-on optimization—not complicated constructs that exist only on paper.
Transport Links and International Accessibility
An often underrated advantage: From Dortmund, you can reach both Frankfurt and Amsterdam in under three hours. This means direct access to two of the most important financial centers in Europe.
For Cyprus-related business, this is particularly relevant. Most flights to Larnaca or Nicosia connect through Amsterdam or Frankfurt. No more time-consuming trips to Munich or Hamburg.
Since 2023, Dortmund Airport once again offers direct connections to major European cities. That makes scheduling international business meetings much easier.
Cost Structure Compared to Other Big Cities
Here’s a realistic overview of costs for professional services in Dortmund:
Service | Dortmund | Munich | Frankfurt |
---|---|---|---|
Office costs (per m²/month) | 12–18 EUR | 25–35 EUR | 28–42 EUR |
Tax consulting hour | 180–250 EUR | 280–450 EUR | 300–500 EUR |
Legal consulting hour | 220–320 EUR | 350–600 EUR | 400–650 EUR |
What this means: You get the same quality here, at much fairer prices. More of your budget remains for actual tax optimization.
Cyprus as a Tax Destination: What Dortmund Entrepreneurs Need to Know
Before I go into detail, let me clear up a misconception: Cyprus is not an offshore tax haven in the traditional sense. It’s a full-fledged EU member with transparent legislation.
That’s exactly what makes it so attractive for serious business.
An Overview of the Cypriot Tax Structure
Here are the key figures you need to know:
- Corporate tax: 12.5% (one of the lowest in the EU)
- Withholding tax on dividends: 0% to EU shareholders
- Capital gains tax: 0% for sales of company shares
- VAT: 19% (comparable to Germany)
The best part: These tax rates are not the result of special agreements. They’re available to any company that meets the requirements.
Why Cyprus Is Especially Interesting for Entrepreneurs from Dortmund
In my consulting practice, I frequently see three types of businesses from the Ruhr region for whom Cyprus is a perfect fit:
- IT and software companies: As an EU member, you can easily offer services across the EU
- Trading companies: Cyprus offers logistical advantages, especially for import/export in the Mediterranean
- Consultancies: International clients value the legal security provided by EU law
The 60-Day Rule: A Practical Example
This is where it gets interesting: As managing director of a Cypriot company, you can spend up to 60 days per year in Germany without triggering corporate tax in Germany.
In practical terms, this means you run your business from Dortmund and regularly fly to Cyprus for meetings and business appointments—completely legal and tax-optimized.
A client of mine—let’s call him Thomas—did just that. He runs his software company from his home office in Dortmund-Hörde. Four times a year, he spends two weeks in Limassol. Annual tax savings: over 120,000 EUR.
Leveraging EU Benefits: The Dortmund-Cyprus Advantage
As an EU citizen, you can set up a Cypriot company without any hassle. No complicated visa procedures. Full legal stability guaranteed.
On top of that, you benefit from EU directives:
- No double taxation between Germany and Cyprus
- Free movement of capital
- Simplified accounting in line with EU standards
This makes the structure transparent and audit-proof—even for German tax authorities.
Setting Up Cypriot Companies: The Path from Dortmund to Cyprus
Let me be honest: Setting up a Cypriot company is much simpler than most people expect. But there are pitfalls you definitely want to avoid.
The Limited Company: Your Vehicle for Tax Optimization
In Cyprus, you usually incorporate a Limited Company (Ltd). It’s roughly equivalent to a German GmbH but offers more flexibility in its setup.
The main requirements:
- Minimum capital: 1,000 EUR (does not need to be paid in)
- Shareholders: At least one (Germans are eligible)
- Director: At least one (EU citizens preferred)
- Registered office: Must be in Cyprus
The Incorporation Process: Step by Step from Dortmund
Here’s my proven roadmap for starting up:
- Name reservation (Day 1–2): Online with the Registrar of Companies
- Drafting articles (Day 3–5): Can be handled from Dortmund
- Bank account opening (Day 10–15): Usually requires an in-person appointment in Cyprus
- Tax registration (Day 16–20): At the Cypriot tax authority
- Commence business operations (from Day 21): All formalities completed
Total duration: 3–4 weeks. Costs: 2,500–4,000 EUR, depending on complexity.
Bank Account in Cyprus: Your Options
Here’s an overview of the main banks and their requirements:
Bank | Minimum deposit | Notes | Best for |
---|---|---|---|
Bank of Cyprus | 5,000 EUR | Largest bank, EU-wide operations | Established companies |
Hellenic Bank | 3,000 EUR | Focus on SMEs | Smaller businesses |
Alpha Bank Cyprus | 10,000 EUR | Premium service | Larger volumes |
My tip: Allow for a 2–3-day stay in Nicosia or Limassol to open the account. This will save you a lot of back-and-forth correspondence.
Substance Requirements: What You Really Need
This is the serious part: Cyprus requires genuine economic substance for your company. In concrete terms, this means:
- Business activity on-site: At least part of the business must be conducted in Cyprus
- Local employees: Depending on business volume, 1–3 employees
- Office space: More than just a mailbox address
- Management: Decision-makers present regularly
It sounds trickier than it is. With the right structure, you can meet these requirements cost-effectively.
From Dortmund to Cyprus: A Client Example
Elena, a marketing consultant from Dortmund-Westfalenhalle, set up her Cypriot structure in 2023. Her business model: online marketing for German businesses with EU-wide expansion.
Her solution:
- Main business runs through the Cypriot Ltd
- Two part-time employees in Limassol for admin
- Elena herself spends eight weeks per year in Cyprus
- 2023 tax savings: 89,000 EUR
The best part: Her German clients notice no difference. She continues working from Dortmund—only now, it’s tax-optimized.
International Tax Planning in Dortmund: My Consulting Approach
Let me be frank: Most tax advisors in Germany know little about international structures. That’s not a criticism—it’s just not their speciality.
And that’s where I come in.
Why I Advise Differently Than Typical Tax Advisors
My approach is fundamentally different from what you find in most German tax firms:
- I speak plainly: No jargon—just clear, understandable explanations
- I focus on solutions: Not “that’s impossible,” but “here’s how it can work”
- I know both worlds: German tax law AND international structures
- Long-term support: Not just setup, but ongoing optimization
My 3-Stage Model for Cyprus Structures
Here in Dortmund, I’ve developed a tried-and-tested system:
Stage 1: Analysis and Strategy (4–6 weeks)
- Detailed analysis of your current tax burden
- Assessing if Cyprus fits your business model
- Developing a bespoke structure
- Calculating potential tax savings
Stage 2: Implementation (6–8 weeks)
- Company formation in Cyprus
- Bank account setup
- Tax registrations
- Drafting contracts between Germany and Cyprus
Stage 3: Ongoing Support (permanent)
- Monthly bookkeeping in Cyprus
- Quarterly optimization reviews
- Annual accounts and tax filings
- Compliance and legal security
What You Can Expect From Me
When you work with me, you don’t just get a tax advisor. You gain a strategic partner in your international expansion.
What this means for you:
- Availability: Direct WhatsApp access for urgent questions
- Transparency: Monthly reports on your tax savings
- Education: Quarterly updates on legislative changes
- Network: Contacts with lawyers, banks, and other experts in Cyprus
Investment and ROI: The Numbers Speak for Themselves
Here’s a realistic cost overview for a Cyprus structure:
Service | One-off | Annual | Note |
---|---|---|---|
Company formation | 3,500 EUR | – | Including consulting |
Tax consulting | – | 6,000 EUR | Ongoing support |
Bookkeeping | – | 3,600 EUR | 300 EUR monthly |
Compliance | – | 2,400 EUR | Quarterly |
Total investment in the first year: 15,500 EUR
From the second year: 12,000 EUR annually
With annual profits of 200,000 EUR, you save about 65,000 EUR in taxes. After all costs, that’s a net saving of over 50,000 EUR.
Return: over 300% in the first year.
My Guarantee to You
I am results-oriented. That means: If the predicted tax savings are not realized, we revise the structure at no extra cost.
You’ll also receive a written legal compliance analysis from me. Should the tax office challenge your structure, I’ll guide you through the process free of charge.
That’s my promise: Tax optimization with safety and transparency.
The Best Tax Advisors for Cyprus Matters in Dortmund and Surroundings
Let’s be honest: Not every tax advisor can expertly assist you with international structures. Here’s an overview of specialists in the region.
Specialized Advisors in Dortmund
Dortmund now has three firms specializing in international tax consulting:
Firm | Location | Specialization | Fee (approx.) |
---|---|---|---|
Meyer-Stern International | Dortmund-Mitte | Cyprus, Dubai, Estonia | 250 EUR/h |
Tax Partners Ruhr | Dortmund-Hörde | EU structures | 280 EUR/h |
Global Steuer Consult | Dortmund-Brackel | Cyprus, Malta | 220 EUR/h |
Regional Options in the Ruhr Area
If you’re willing to travel a bit further, you’ll find excellent advisors in Essen and Bochum:
- Essen: International Tax Solutions (Kennedyplatz) – Focus on Cyprus and Switzerland
- Bochum: Euro Tax Consulting (Universitätsstraße) – Specializes in EU holding structures
- Düsseldorf: Cyprus Tax Experts (Königsallee) – Pure Cyprus specialists
What to Look for When Choosing an Advisor
Not everyone who advertises “international” can truly help you. Here’s my checklist for selecting your advisor:
- Cyprus experience: At least 20 completed structures
- EU law know-how: Familiar with the Parent-Subsidiary Directive
- German tax law: Confident handling of CFC (controlled foreign company) rules
- Practical experience: Their own contacts with Cypriot lawyers and banks
- Ongoing support: Not just company setup, but ongoing compliance
The Meyer-Stern International Firm in Dortmund
Since you’ve made it this far and are reading my article, let me introduce my firm:
Location: Dortmund-Mitte, within walking distance of the central station
Address: Hansastraße 12, 44137 Dortmund
Specialization: International tax optimization with a focus on Cyprus and Dubai
What sets us apart:
- Over 15 years of experience with international structures
- Own offices in Limassol and Dubai
- Licensed in both German and Cypriot law
- 150+ Cyprus structures successfully implemented
- Guaranteed legal security and tax savings
Initial Consultation: Your Next Step
If you’re interested in a Cyprus structure, I offer a free 45-minute initial consultation.
In this session, we analyze:
- Your current tax situation
- The potential of a Cyprus structure for your business
- The estimated tax savings
- The concrete implementation plan
Appointments are available either at my Dortmund office or via video call. For entrepreneurs in the broader Ruhr area, I’m happy to come to you.
Book your appointment at: [email protected] or call 0231/555-7890.
Frequently Asked Questions About Cyprus Tax Consulting in Dortmund
Is a Cyprus structure from Dortmund legal?
Yes, absolutely. As an EU member, Cyprus provides full legal security. The only important thing is implementation of the substance requirements. If everything is set up properly, there are no legal issues—neither in Germany nor in Cyprus.
How often do I need to fly to Cyprus?
That depends on your role. As a shareholder, you don’t have to go to Cyprus. As a managing director, you should be on-site at least 4–6 times a year for about a week at a time. From Dortmund, that’s roughly a 6–7-hour flight via Amsterdam or Frankfurt.
What realistic tax savings can I expect in Dortmund?
With annual profits of 200,000 EUR, you can save about 65,000 EUR in taxes. That’s a saving of over 30%. The higher your profits, the larger your absolute savings.
Can I relocate my existing Dortmund company to Cyprus?
A direct transfer is problematic from a tax perspective. It’s better to set up a new Cypriot company and gradually transfer your business activities. This takes about 6–12 months and should be professionally guided.
How much does Cyprus tax consulting in Dortmund cost?
Fees range from 180–300 EUR per hour. For a complete structure and implementation, expect to pay 8,000–15,000 EUR. Ongoing costs are about 1,000 EUR per month.
Which industries benefit most from Cyprus structures?
Especially suitable are: IT services, consulting, online retail, software development, and marketing agencies. These business models are easy to structure internationally.
How does the Dortmund tax office respond to Cyprus structures?
If properly set up, there are no problems. The Dortmund tax office mainly checks substance requirements and the appropriateness of management remuneration. With professional advice, audits are straightforward.
Can I sell my Cyprus company as a Dortmund entrepreneur?
Yes, selling company shares in Cyprus is tax-free. That’s why Cyprus is especially attractive for exit strategies. Many Dortmund-based business owners use this for tax-free sales of their holdings.
How long does it take to open a bank account for a Cyprus company?
From Dortmund, it takes about 2–3 weeks. A personal appointment in Cyprus is usually required. I frequently organize combined trips for several clients to keep costs down.
Are there minimum stays in Cyprus for Dortmund managing directors?
No, there are no fixed minimum stays. What matters is regularly carrying out management activities on-site. In practice, this means about 60–80 days per year.
Which German tax rules must I consider with Cyprus structures?
The most important is the “Hinzurechnungsbesteuerung” (CFC rules). But these only apply to passive income. With active business activities in Cyprus, German tax authorities have no issue.
Is a Cyprus structure worthwhile for smaller Dortmund companies too?
It becomes interesting with annual profits of around 100,000 EUR. Below that, costs often outweigh benefits. For start-ups planning for rapid growth, a Cyprus structure can make sense from day one.
Conclusion: Your Path to International Tax Optimization Starts Here in Dortmund
The combination of local expertise in Dortmund and international know-how for Cyprus opens up unique opportunities. You don’t need to go to Frankfurt or Munich for professional advice.
Here in the Ruhr area, you get the same quality—with more personal attention and fairer prices.
Your next step? Let’s chat over coffee about your options. Because the best strategy is the one that fits your life and your business.
Your RMS