Cyprus as a Base for International Digital Businesses: A Practical Guide to Relocating a US LLC

(real client enquiry)

Hello CYAUSE,

My name is **, I am a Romanian resident and the sole owner/member of a U.S.-registered LLC (state of Wyoming), currently treated as a disregarded entity for U.S. tax purposes.

I am looking to establish a Permanent Establishment (PEM) in Cyprus for this LLC, in order to meet substance and tax residency requirements outside of the U.S. jurisdiction.

I would like to request a quote and availability for the following services:

1. Provision of a nominee local director (Cyprus tax resident) 

2. Provision of a registered office address in Cyprus (with mail forwarding)       

3. Assistance in obtaining a Cyprus Tax Identification Number (TIN) for the LLC

4. Ongoing accounting and tax compliance support (monthly or annual filing) 

5.     (Optional) Drafting a Board Resolution confirming management transfer to Cyprus

The LLC will declare all income as foreign-sourced, with management and control fully transferred to Cyprus. All reporting will align with this tax structure.

I would appreciate if you could provide:

·    Your pricing structure for each of the services above (monthly and/or annual)

·    The list of required documents and information needed from my side 

·    An estimated timeline for full setup and activation

Thank you very much in advance. I look forward to your proposal.

Kind regards,

Good morning Client,

Thank you very much for your email.

We would be happy to assist you with your inquiry.

Relocating to Cyprus is a great choice!

Please find our answers below in blue.

We can set up a call and discuss your inquiry in detail if you prefer, or have additional questions. Just let us know your availability on the coming days and we will set it up accordingly.

Thanking you in advance.

Remaining at your disposal.

Kind Regards,

1. Provision of a nominee local director (Cyprus tax resident) - Euros 800-1200 plus VAT per year  - depending on the risk category based on our KYC - Know your Client checks. We also offer nominee services for a secretary if you wish for Euros 500 plus VAT per year.

2. Provision of a registered office address in Cyprus (with mail forwarding) - Euros 800 plus VAT per year.

3. Assistance in obtaining a Cyprus Tax Identification Number (TIN) for the LLC -  Euros 150 plus VAT one off.

4. Ongoing accounting and tax compliance support (monthly or annual filing) - fees indication as per this link, recurring.

Note: In order to give you an accurate quotation we will have to know a lot of details about your operations which can be discussed on a separate call.

5.     (Optional) Drafting a Board Resolution confirming management transfer to Cyprus - Euros 100 plus VAT, one off.

The LLC will declare all income as foreign-sourced, with management and control fully transferred to Cyprus. All reporting will align with this tax structure.

I would appreciate if you could provide:

·    Your pricing structure for each of the services above (monthly and/or annual) - listed above.

·    The list of required documents and information needed from my side - please find related brochure attached.

·    An estimated timeline for full setup and activation - based on the above requested services, once we receive the required KYC documentation and we conduct our screening search, it will take approximately 3-4 business days. We also offer bank account opening, incorporation of a CY company, etc.. If you are interested in more services, please let me know and we will provide the related fees. 

Thank you very much in advance. I look forward to your proposal.

Kind regards,

Hello CYAUSE,

I'm so glad that I got such a prompt answer from you. 

I will attach the company documents and also I will provide bellow a short brief of the company activity.

Business Activity Description – ** LLC

** LLC is a privately held limited liability company incorporated in the State of Wyoming, United States, on 30 November 2024. The company is classified as a disregarded entity for U.S. tax purposes, with no business activity, economic presence, or tax obligations in the United States.

The company operates under a digital services and content licensing model, acting as an intermediary agency between independent female content creators and international online platforms, primarily in the live entertainment and digital media sectors.

** LLC enters into copyright transfer (cease of rights) and licensing agreements with independent creators, providing them with support services such as compliance, operational coordination, and management oversight. The company maintains direct contractual relationships with major global platforms and functions as a centralized collection and distribution intermediary.

Revenue is generated through content monetization on these platforms, collected directly by ** LLC. The company retains a portion as a service fee and distributes the remaining balance to:

• independent creators, based on contractual agreements, and

• third-party service providers, including administrative support firms (under management contracts), IT vendors, and marketing providers.

The current operational director is Ms. **, a Romanian citizen residing primarily in Germany, responsible for executing contracts and overseeing operations. The sole owner is (me) **, a Romanian tax resident holding 100% ownership of the LLC, but not involved in day-to-day management.

The company has no other employees, neither in the U.S. nor abroad.

Although incorporated in November 2024, the company became operational in mid-February 2025, following delays in setting up banking infrastructure. The company currently holds accounts with the following non-U.S. financial institutions:

• Yoursafe B.V. (Netherlands)
• e-Ryvyl EU (Bulgaria)
• Paxum, used primarily as a digital wallet and intermediary

Restructuring and Relocation to Cyprus

Following internal tax and compliance analysis, it was concluded that—even as a disregarded entity—** LLC must establish a Permanent Establishment (PEM) in the jurisdiction from which strategic, financial, and operational decisions are made.

The company is now in the process of relocating its management and fiscal substance to Cyprus, with the following steps:

• appointment of a Cyprus-based nominee executive director,

• termination of the mandate of the current operational director (Ms. **),

• adoption of a revised Operating Agreement reflecting:
  • (me) ** as non-executive co-director/manager, and
  • the Cyprus-based director as executive lead,

• use of a registered office address in Cyprus,

• completion of tax registration, accounting, and compliance obligations under Cypriot law.

The company does not operate or hold assets in the United States, and all income is exclusively foreign-sourced, with strategic and operational management being fully transferred to Cyprus.

Commitment to Partnership

We are fully committed to building a partnership based on transparency, compliance, and long-term trust. We seek to work only with reputable, responsive service providers who understand the importance of timely execution and regulatory clarity.

I propose tomorrow at 11:30 AM (Cyprus time) for the meeting, if that works for you. You can reach me directly at **

Looking forward to your confirmation.

Warm regards,

A call followed between CYAUSE and the Client.