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Looking to move your company to a different/transparent jurisdiction? Re-domicile your Company in Cyprus. Learn more about the advantages and procedures needed to re-domicile your Company in the EU Member Country.
What is re-domiciliation?
Company re-domiciliation is the transfer of a company's registration to a different jurisdiction from the one it was incorporated in. In order to re-domicile your company, the laws of the country of original incorporation of the company concerned must allow its re-domiciliation into a different jurisdiction and also the Memorandum and the Articles of Association of the company must empower and allow this procedure.
Why Cyprus?
Cyprus is an island in the Mediterranean Sea. Cyprus is an EU member country since 2004 and a member of the Eurozone since 2008. In comparison to other countries Cyprus is considered a safer jurisdiction and by re-locating your company in the country, your business can benefit from the following:
Corporation tax 12,5%
Legal system based on English Common Law system
Dividends paid from a foreign subsidiary to a Cyprus Holding Company are tax exempt
Capital gain from the sale of a non-Cyprus asset is exempted
Tax losses are carried forward for 5 years
No taxes are withholded on the distribution of dividends to non-Cyprus resident shareholders
Profits from transaction of shares, bonds and other qualifying securities are exempted
Wide network of double taxation treaties
For more information regarding the procedure of moving your company to Cyprus contact us:
Email: info@gnaftis.com
Tel: +357 25817577
Fax: +357 25817522
Address: Anexartisias & Athinwn, Nora Court, 2nd Floor
Limassol, Cyprus
We help you achieve the financial future you deserve.