Re-Domiciliation Services

Re-Domiciliation Services

This process allows a firm not to lose it’s corporate identity while moving its headquarters and legal seat from one country to another.

Double taxation relief

In the majority of the cases this move is undertaken by company’s owners to benefit from better tax laws and favorable jurisdiction. There are some important changes introduces by the Cyprus government introduced back in 2006:

  • Any company that is capable of, can be relocated in Cyprus
  • Local companies are not eligible to foreign transfers

Any foreign company that is registered under a jurisdiction that allows such move can be reallocated in Cyprus and will be signed in the country’s Firm register. Afterwards it will fall under Cypriot laws and will pay taxes to the state. It can also receive special license is requested which can be obtained by the authorities, responsible about the matter.

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