In the latest episode of Cyprus Business and Beyond, Klaus Walheim sits down with Meinhard Bundschuh, co-founder of Bundschuh & Schmidt Holding, to dismantle the myths about moving a business to the Mediterranean.
For many entrepreneurs in Central Europe, the daily grind has become a battle against stifling bureaucracy and an “elbow society” where competition outweighs collaboration. Meinhard, who moved from Germany in 2017, shares why the real value of Cyprus isn’t just a number on a tax form—it’s the freedom to operate.
The “Abundance Mindset”
One of the most striking insights from the interview is the shift in culture. In Germany, business often feels like a zero-sum game. In Cyprus, Meinhard describes a thriving international community where founders share SEO tips, marketing strategies, and networking leads over coffee. It’s an ecosystem designed for growth, not just survival.
Speed as a Competitive Advantage
While European bureaucracy can stall a launch for months, Meinhard outlines a streamlined reality in Cyprus:
Company Formation: 2–3 weeks.
Tax & Banking Setup: Another 2–3 weeks.
Ready to Invoice: Within 4 to 6 hours (after setup).
A Relaxed Regulatory Framework
Meinhard explains the “Four-Eyes Principle”—a system where mandatory audits by licensed professionals create a bridge of trust between the business and the state. This results in a significantly less intrusive relationship with tax authorities compared to the constant audits typical in Germany.
Thinking about making the move? Whether it’s the 300 days of sunshine or the professional networking hubs in every city, Cyprus offers a “whole package” lifestyle that fuels business energy rather than draining it.
Listen to the full episode to hear Meinhard’s take on “Exit Taxes,” the local community, and how to successfully navigate your relocation.
Apple https://podcasts.apple.com/de/podcast/cyprus-business-and-beyond/id1885315129?i=1000761985958
Spotify https://open.spotify.com/episode/3u2eonFceodDYVNcTTUPSd?si=bzrYxKqwQe-4nVXByPg3mg
