Re-domiciliation of Companies to Cyprus
Re-domicile your company to Cyprus under Section 354 of Companies Law Cap.113. Retain legal identity while gaining EU access and 15% corporate tax.
Free consultation · No commitment · We respond within 24 hours
What's Included
What's Included
- Eligibility and jurisdiction review
- Registrar of Companies application
- Amended Memorandum & Articles preparation
- Tax registration in Cyprus
- Transfer of corporate records
- Bank account migration assistance
How It Works
Step 01
Initial Consultation
Discuss your business objectives and recommend the optimal corporate structure for your needs.
Step 02
Document Preparation
Prepare memorandum, articles of association, and all registration documents required by the Registrar.
Step 03
Registration & Compliance
File with the Registrar, obtain certificates, and set up tax registration and corporate bank account.
Company registration
from €1,050
A complete, working Cyprus company on a fixed fee, agreed in writing before we start.
Fixed fee, written into your engagement letter before you pay. A Cyprus-admitted lawyer replies within 24 hours.
| Package | Fixed fee | From year two | Best for |
|---|---|---|---|
| Basic | €1,050+ VAT + government fees | No annual fee from us | The company, fully registered |
| Standard | €2,300+ VAT + government fees | Then from €950 a year (≈ €79 / month) from year two | Ready to trade |
| EnterpriseMost popular | €3,900+ VAT + government fees | Then from €1,850 a year (≈ €154 / month) from year two | Managed from Cyprus |
Frequently Asked Questions
Re-domiciliation is the process of transferring a company's legal domicile from one jurisdiction to another while preserving its existing legal personality, history, contracts, and obligations. Unlike dissolution and re-incorporation, which creates a new legal entity, re-domiciliation maintains continuity. The company retains its original date of incorporation and all existing legal relationships remain intact, making it a seamless transition with minimal disruption to business operations.
For a company to re-domicile to Cyprus, its current jurisdiction of incorporation must permit outbound re-domiciliation. Many jurisdictions commonly used for international business allow this, including the British Virgin Islands, Cayman Islands, Bermuda, Marshall Islands, Belize, Seychelles, Malta, the Netherlands, and Luxembourg, among others. The specific requirements and procedures vary by jurisdiction. It is essential to verify the applicable rules before commencing the process.
Yes, this is one of the primary advantages of re-domiciliation. The company maintains its existing legal personality, and all contracts, agreements, assets, liabilities, rights, and obligations remain in full force and effect. Counterparties do not need to enter into new contracts, and existing licenses and permits generally remain valid (subject to the rules of the relevant regulatory authority). The company simply changes its governing law from the laws of its former jurisdiction to Cyprus law.
The typical timeline is 2 to 4 months from initiation to completion. The main variables affecting the timeline are the time required to obtain the necessary approvals and documents from the jurisdiction of origin (which can vary significantly between jurisdictions), the speed of the Cyprus Registrar's review process, and the complexity of the company's structure and the extent of KYC documentation required.
Once re-domiciled and tax resident in Cyprus, the company is subject to the Cyprus corporate tax rate of 15% on its worldwide income. It can benefit from all Cyprus tax incentives including participation exemptions, the IP Box regime, the Notional Interest Deduction, and the extensive double-tax treaty network. The tax implications in the original jurisdiction should also be carefully analysed, as some jurisdictions may impose exit taxes or have specific rules regarding the tax consequences of outbound migration.
Yes, Section 354K of the Companies Law permits outbound re-domiciliation from Cyprus. A Cyprus company can transfer its domicile to another jurisdiction that allows inbound continuation, subject to obtaining the necessary shareholder approval and satisfying the Registrar that the transfer does not prejudice creditors. This bidirectional flexibility is an important feature of the Cyprus re-domiciliation framework.
The existing shareholders retain their shares and ownership interests in the re-domiciled company. Existing directors may continue to serve, subject to Cyprus governance requirements, and the company must appoint a company secretary. Tax residence is fact-sensitive: the location and substance of management and control, directors' actual authority and decisions, the incorporation rule and any applicable double-tax treaty must be assessed together; a board-residency headcount alone is not determinative.
The Cyprus Registrar will assess each application on its merits. Generally, any company with a legitimate business purpose may apply for re-domiciliation, provided it is in good standing in its current jurisdiction and not subject to any pending insolvency, liquidation, or strike-off proceedings. Regulated entities (such as banks, insurance companies, or investment firms) may need to obtain additional approvals from the relevant regulatory authorities both in the country of origin and in Cyprus.
What Our Clients Say
Trusted by individuals and businesses across the globe.
4.9(366+)Read Google Reviews“Our experience with Angeliki at Polycarpos Philippou & Associates LLC was excellent. She supported us throughout the entire incorporation process of two companies in Cyprus and proved to be an incredibly reliable and knowledgeable point of contact. Whenever we had questions or needed assistance, Angeliki responded quickly and always took the time to guide us through the next steps.”
SRS Pictures LTD
Company incorporation
“I relied on this firm for the incorporation of a company in Cyprus, and I can honestly say the experience exceeded all expectations. From the very first step to the final setup, they were extremely professional, precise, and attentive to every single requirement. A special and sincere thank you goes to Sergios and Evie, who were always available, proactive, and incredibly supportive.”
Gianandrea Gillio
Company incorporation
“We had an outstanding experience working with Angeliki from Polycarpos Philippou & Associates LLC during the incorporation of two of our companies in Cyprus. From the very beginning, Angeliki was extremely professional, responsive, and genuinely committed to helping us through every step of the process.”
Emma Aven LTD
Company incorporation
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