Understanding the concept of domiciliary and nominee services

The conditions for domiciliation differ from one jurisdiction to the next. Although having a registered office and an agent in an offshore jurisdiction is sufficient, ‘white list' jurisdictions have more domiciliation criteria. For example, in Cyprus, a company's management and control must be exercised from Domiciliary and nominee services in Limassol Cyprus. As a result, the organization must have a Cyprus registered address, the majority of its directors must be Cyprus tax residents, and the majority of its meetings must be held in Cyprus.

Handling the cases in the right manner

Even though it is not a domiciliation prerequisite in most cases, many corporate clients use our nominee shareholders service. A nominee shareholder is a person or legal entity who, by a deed of trust, owns shares of a corporation on behalf of the actual beneficial owner. The names of the candidate shareholders can be found in public records kept in some jurisdictions. As a result, our candidate services secure the identity of the company's beneficial owner.

With decades of combined corporate experience, our team will provide you with a custom-tailored, customized service that meets all of your requirements.

From recognizing your requirements to designing, implementing, and handling your solution, we are completely dedicated to our clients and take pride in providing you with the best support possible. This is why, in addition to our in-house team, we collaborate with a large network of top external experts to provide you with the best expert guidance on complex issues.

Business Consultants, Tax Experts, Lawyers, Accountants, Auditors, Bankers, and Financial Advisors make up our highly qualified team. We provide a wide variety of services, from basic to complex.

Area to pay attention

·         The establishment of a registered office.

·         Registration agent is given.

·         Nominee shareholders are given.

·         To comply with the laws of the relevant jurisdiction, nominee directors and other corporate officers are provided.

·         Mail routing, fax, and phone services are also included in virtual office services.

·         Provision of office space that is fully staffed and fitted.

As licensed corporate Legal services in Limassol Cyprus, service provider, we provide a full range of domiciliation services to foreign clients looking for a corporate home in Cyprus or elsewhere. In addition to the applicable jurisdiction's minimum domiciliation criteria, we also provide additional services aimed at improving a company's "substance." This could reduce the chances of the company's tax residency being successfully questioned by tax authorities in another jurisdiction.

Companies that want to take advantage of Cyprus's and other jurisdictions' favorable tax regimes must establish a domicile in the jurisdiction in question, and thereby become tax residents of that jurisdiction.