Corporate Redomiciliation Into Cyprus

Corporate redomiciliation is the transfer of a company into a different jurisdiction from the one it was incorporated in. On redomiciliation, the company continues to exist under the same legal personality in the new jurisdiction. The assets and liabilities of the company remain intact.

Redomiciliation of public companies is fully feasible under Cyprus law, subject to regulatory approvals and special rules for credit institutions, listed companies and companies that have issued bonds.

Where companies intend to redomicile into Cyprus, they must ensure the following are satisfied:

• the laws of the jurisdiction of incorporation of the company concerned allow for its redomiciliation into a different jurisdiction