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The re-domiciliation of companies (also known as a “transfer of seat”), refers to the procedure of a company transferring its seat of incorporation, to and from a jurisdiction. Therefore, the company continues to exist under the laws of another jurisdiction, into which it is re-domiciled, and ceases to exist under its jurisdiction of incorporation. For this to be possible, the laws of both relevant jurisdiction must permit the re-domiciliation of companies. The Cyprus Companies Law (Cap.113), provides for re-domiciliation as well as the procedure to be followed.

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