{"id":4023,"date":"2023-11-21T19:08:57","date_gmt":"2023-11-21T19:08:57","guid":{"rendered":"https:\/\/sclaw.com.cy\/?p=4023"},"modified":"2023-11-21T19:08:57","modified_gmt":"2023-11-21T19:08:57","slug":"re-domiciliation-of-companies-in-and-out-of-cyprus","status":"publish","type":"post","link":"https:\/\/sclaw.com.cy\/re-domiciliation-of-companies-in-and-out-of-cyprus\/","title":{"rendered":"Re-domiciliation of companies in and out of Cyprus"},"content":{"rendered":"
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  1. Introduction:<\/u><\/strong><\/li>\n<\/ol>\n

    \u00a0<\/u><\/strong><\/p>\n

    The re-domiciliation of companies is a procedure during which a company transfers its seat and registered office of incorporation, to and from one jurisdiction, and continues to exist under the laws of another jurisdiction without the involvement of the dissolution process. The main precondition for this is permission by both laws of the relevant jurisdictions for the re-domiciliation of companies.<\/p>\n

    The Cyprus Companies Law, CAP 113 (the \u2018\u2019Law\u2019\u2019) provides for the re-domiciliation of companies including provision regulating:<\/p>\n

      \n
    1. the continuation of foreign companies in Cyprus, provided that the jurisdiction of its incorporation permits the continuation of such company out of the said jurisdiction, and<\/li>\n
    2. the continuation of Cyprus companies out of the Republic.<\/li>\n
    3. Benefits of re-domiciling to Cyprus<\/u><\/strong><\/li>\n<\/ol>\n

      It is a fact that foreign investors and international merchants obtain plenty and numerous benefits by either establishing a company in Cyprus or re-domiciliating to Cyprus.<\/p>\n

      The combination of the simplicity and the low financial costs of the procedure of the re-domiciliation of a company to Cyprus is one of the main advantages for the continuation of foreign companies in Cyprus.<\/p>\n

      There are several advantages and benefits of transferring a company\u2019s registered office to Cyprus, including the following:<\/p>\n