To follow up on the math for anyone finding this later: the structural leverage of this setup really only kicks in above €120k ARR. Below that, the local accounting and compliance overhead will eat the margin you save on taxes. For founders actually modeling this out, I've made our internal frameworks for the 60-day residency compliance and transfer pricing available here: https://cyprus-consult.com . Happy to answer technical questions if anyone is currently running the numbers on a migration.
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