Cypriot companies which have been incorporated within the Cypriot jurisdiction and the Cyprus Registrar of Companies and comply with Cap. 113 can re-domiciliate overseas and continue their operations in another jurisdiction, provided they are permitted to do so by the jurisdiction of the country they wish to re-domiciliate. The incentive behind a company’s decision to relocate can be driven by numerous motives. For example, it might wish to relocate the company to the country where many of its stakeholders are. Another reason might be to move in a country with less competition within the industry is operating in, or even decide to establish within a market where the population is not yet familiar with the service or product is providing or the country’s market in which is operating has been saturated consequently its profits have been diminished.... Read more on the article
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