Redomiciliation — Cyprus
We will move your company to Cyprus under the continuation procedure: the legal entity survives together with its contracts, assets and corporate history. We run the whole process to the final certificate.
When you need redomiciliation
Temporary certificate (ME1) — €120 · Final certificate (ME4) — €20 · Removal from the former register — 6 months · Extension — 3 months
The jurisdiction has stopped working for the business
Banks close accounts, partners ask for a different entity, payment providers turn you down. Changing the country of registration solves that without tearing up your contracts.
Liquidating and starting again is too expensive
A new company means new contracts, new accounts and checks passed from scratch. Redomiciliation keeps the corporate age; where the aim is to close the company — liquidation.
You need a European jurisdiction
Clients, publishers and investors increasingly require a counterparty in the European Union. A Cyprus company gives you that footing without a second structure.
The tax burden no longer adds up
Cyprus corporate tax is 15% from 2026, and profit from your own development can fall under IP Box at an effective rate of around 3%. We work the benefit out before filing.
The company holds a licence or answers to a regulator
Regulated activity moves less easily: it needs the consent of the regulator where you are now, and a Cyprus authorisation before work begins. That is a separate branch.
What you get
- The temporary certificate of continuation
- The final certificate of continuation in Cyprus
- Articles of association rewritten under Cyprus law
- An approved company name in the Cyprus register
- The company removed from its former register on time
What is required to move a company to Cyprus
The procedure is run by the Department of Registrar of Companies and Intellectual Property of Cyprus; the rules sit in the Companies Law, Cap. 113, sections 354A–354R.
Eligibility conditions
- The law of the country of registration allows the company to continue its existence in another jurisdiction.
- The company's articles expressly permit such a transfer.
- The decision was taken by the body and the majority that corresponds in the country of registration to a Cyprus special resolution — three quarters of the votes.
- The company is not in liquidation or bankruptcy or under an appointed administrator, creditors' rights are not restricted by a court order, and no proceedings are running against it for breach of the law of its country of registration.
Documents
- The shareholders' resolution to transfer the company.
- Articles of association rewritten under Cyprus law.
- A certificate of good standing from the country of registration.
- A director's affidavit: name, jurisdiction, date of incorporation, the fact that the authority of the country of departure was notified and evidence of that notice.
- A separate affidavit of solvency: the company can meet its debts within twelve months.
- Lists of directors, the secretary and the shareholders.
- An approved company name — cleared before filing.
- An apostille on foreign documents and a certified translation into Greek.
What happens to the company on the move
- The legal entity is neither created afresh nor terminated: the company's existence is not interrupted.
- Property, rights, debts and obligations stay with the company to the same extent.
- Court proceedings already under way continue; the move cannot wipe them out.
- Obligations to creditors survive: redomiciliation is no way to escape them.
Deadlines that cannot be missed
- Six months from the date of the temporary certificate to prove that the company has left its former register.
- Three months — the only extension available, and only for reasonable cause.
- Missing the deadline means the company is removed from the Cyprus register instead: the move fails.
Registrar timelines and fees
| Stage | Timeline or fee |
|---|---|
| Application for a temporary certificate (form ME1) | €120 |
| Accelerated processing of ME1 | additional €100 |
| Final certificate (form ME4) | €20 |
| Accelerated processing of ME4 | additional €20 |
| Evidence of removal from the former register | 6 months from the temporary certificate |
| Extension for reasonable cause | 3 months, once only |
Sources: fees — forms ME1 and ME4 of the Department of Registrar of Companies; the six-month deadline and the extension — section 354G of the Companies Law, Cap. 113.
FAQ
Where does a move most often fall apart?
On the six-month deadline. From the date of the temporary certificate there are six months to prove to the Registrar that the company has been struck off the register of the country of departure.
For reasonable cause the deadline is extended once, by three months. Miss that too and the Registrar removes the company from the Cyprus register, and the move collapses.
What happens to bank accounts and licences?
Legally the company does not break, so accounts and contracts formally stay with it. In practice a bank almost always reopens its checks: a change of registration country is an event under its own rules.
Licences are harder: they need the consent of the regulator in the country of departure and a Cyprus authorisation before regulated work begins.
A false declaration of solvency is a criminal offence for the director: up to a year of imprisonment, a fine of up to €34,172, or both.
The reverse procedure is also provided for by law: a Cyprus company may move to another jurisdiction.
That needs a shareholders' resolution, a declaration of solvency covering three years ahead, publication in two Cyprus newspapers and a three-month window for creditors to object in court.
After the move the company lives by Cyprus rules: tax registration, reporting, audit, beneficial ownership data. The rate and the IP Box regime are covered on the corporate tax page, and the account is opened separately — a Cyprus bank account.
Stages of work
Eligibility check — 3–5 working days.
We will read the law of the country of registration and your company's articles: is the transfer permitted at all. We also check for procedures that would block the application.
Name approval and document collection — 2–4 weeks.
We clear the name in Cyprus, obtain the certificate of good standing, prepare the shareholders' resolution, the affidavits and the new articles, arrange apostilles and translations.
Filing form ME1 and the temporary certificate.
We will submit the package to the Registrar and obtain the temporary certificate of continuation. From that moment your company counts as registered under Cyprus law.
Accelerated processing is available for a separate fee, which is set out in the table above.
Removal from the former register — up to 6 months.
We will run the procedure in the country of departure and obtain the evidence of removal. This is the longest and riskiest stretch: the deadline is hard and only one extension exists.
The pace here is set by a foreign register, so we build the time buffer in from the start.
Final certificate, form ME4.
We file the evidence of removal, surrender the temporary certificate and receive the final one. At that point the move is closed and your company continues its existence in Cyprus.
Registration in Cyprus.
We will register the company with the Tax Department, for VAT and with social insurance where required, and file the beneficial ownership data.
In parallel we deal with the bank account: the bank treats the company as a new client, even one that is twenty years old.
Support after the move.
We will set up reporting and audit to Cyprus requirements and track the corporate deadlines, so your first year after the move does not turn into a clean-up of missed filings.
The rest of our Cyprus services are collected on the jurisdiction page: incorporation, bank accounts, tax and BCS status.
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