Corporate Mobility and the Re-Domiciliation Process in Cyprus

- Οργάνωση/ Διοίκηση/ Ηγεσία - Ανθρώπινο Δυναμικό (HR) - Νομοθεσία, Νομική & Δικηγόροι

12 Ιουν 2024 09:00 13 Ιουν 2024 12:45
Αγγλικά
7 ώρες ( 2 μέρες )
Corporate Mobility and the Re-Domiciliation Process in Cyprus

ΠΕΡΙΓΡΑΦΗ

The purpose of this programme is to examine the various matters related to corporate mobility as inextricably linked to the freedom of establishment of legal persons, fundamentally enshrined in primary European Union law.

However, at the same time, corporate mobility is also imposed by modern cross border trading conditions largely due to the constant pursuit of the most favourable tax regime for the legal entity. The questions arising are therefore whether the transfer of the legal person’s seat is permitted and, if possible, whether such transfer can be achieved while continuing its legal personality. The answer to these questions raises private international law issues since the change of seat (real or legal) is linked to more than one legal order by definition. Hence, it is necessary to determine the law on the basis of which the answer to those questions will be given.

In this sense, In Cyprus, the enactment of rules on the cross-border transfer of a company’s “real” or “statutory” seat rests largely with national legislation, in the absence of EU harmonization, by laying down rules on the procedure to be followed aiming at the protection of creditors, shareholders and staff, as well as at combating abusive practices.

ΣΚΟΠΟΣ ΣΕΜΙΝΑΡΙΟΥ

Training Objectives

Upon completion of the seminar, participants will be able to:

  • Analyse, comment, and discuss issues related to corporate activity and re-domiciliation practices that companies are adopting in order to achieve the most favourable tax solution possible.
  • Analyse, comment, and discuss issues of interpretation and application of the rules by Cyprus national courts, while at the same time ensuring a form of “certainty” for companies, as conflicts of laws rules will continue to play a key role as long as the variety of substantive corporate laws continues without a solid legislative approach on the matter of cross-border transfer of a company’s seat
  • Analyse, comment, and discuss ongoing efforts for establishing a modern and efficient company law and corporate re-domiciliation framework by the Cyprus Registrar of Companies not only for European undertakings but also for other stakeholders, to improve the business environment in Cyprus.
  • Analyse, comment, and discuss issues of activation of a parent company through its subsidiary or through its permanent establishment abroad
  • Analyse, comment, and discuss possible solutions that could be given to the problem posed by the multitude of links, as highlighted by national conflict rules, in the field of company law, which directly affects the tax treatment of foreign companies.
  • Analyse, comment and discuss the impact of cross-border mobility of companies on national tax systems through the artificial erosion of their tax base due to abusive transfers of a company’s seat in an effort to find the most favourable tax environment for the company.

ΣΕ ΠΟΙΟΥΣ ΑΠΕΥΘΥΝΕΤΑΙ

  • Financial and banking institutions officers
  • Internal Auditors/Accountants
  • Internal Lawyers
  • Company Directors
  • Legal Secretaries
  • Office Managers
  • Compliance Officers

ΠΕΡΙΣΣΟΤΕΡΕΣ ΠΛΗΡΟΦΟΡΙΕΣ

Training Outline

General Legal Framework of the Company Mobility

  • Legal basis for company law activities
  • Freedom of establishment
  • Conflict of laws
  • Secondary law applicable to companies


Company Seat Transfers Within The EU

  • The concept of cross-border seat transfer
  • The Court of Justice jurisprudence
  • Alternative options
  • Cross-border merger Directive / Cross-border Reversed merger
  • Facts of the re-domiciliation
  • Analysis

 Societas Europaea (SE) Regulation

  • Main characteristics of SE
  • Establishing an SE and its capital requirements
  • The Transfer of Seat of the SE
  • Employee involvement in the affairs of the SE
  • Corporate government structures
  • SE comparison with others European level corporate form

 The Cyprus Legal System and the Transfer of Registered Seat

  • Registered seat in Cyprus
  • The Cyprus firm registration rules in the light of ECJ decisions
  • The transfer of a registered seat from Cyprus
  • The transfer of a registered seat to Cyprus
  • Cyprus corporate tax consequences of the transfer of a seat
  • Transfer of a seat and the liquidation without legal succession
  • Transfer of residency as a result of the transfer of a registered seat
  • Recommendations


Training Style

The programme is designed to deliver knowledge and enhance participants’ skills via short lectures, case-studies, practical examples, real-life simulations. Most of the training’s time will be invested in analysing a real-life case study that will help participants understand how to solve problems in similar occasions”.


CPD Recognition 

  • This programme may be approved for up to 7 CPD units in Law. Eligibility criteria and CPD Units are verified directly by your association, regulator or other bodies which you hold membership. 
  • The Cyprus Bar Association (CyBAR) has confirmed that this programme is accredited for 7 CPD units.


In-house Training

For groups within the same organisation, this course may be customized to meet any specific needs and delivered in-house.

Πληροφορίες Εκπαιδευτή
Δημήτρης Σαββίδης - Corporate Lawyer

Demetris Savvides holds degrees in law, management and criminology and has been a lecturer in for more than nine years in the field of business law and management having taught numerous courses in business, corporate, taxation, GDPR and criminology, with an extensive record in academic publications in internationally renowned business journals. In addition, Demetris Savvides is an experienced corporate lawyer helping hundreds of companies in their normal functioning, engaging in transactional and legal advisory including advisory relating to day-to-day business regulatory issues, GDPR implementation matters, and corporate tax planning. Tending to clients, both domestic and international, Demetris Savvides has gained vast experience in dealing with business matters right from inception and catering to the regular corporate and compliance needs for successful functioning to empowering companies to scale to their potential. Demetris Savvides has had a notable track record of advising clients in corporate transactions that are vital for their business. His overall commercial corporate experience has both the in-depth knowledge of business laws and corporate finance as well as the practical advantage of for providing all-round service to the companies, which encompasses corporate commercial and tax structuring of a business whether domestic or through foreign investment, process incorporation via sustainable models which optimize the needs of the business, day to day compliance process for smooth functioning, ensure optimum use and action of corporate finance, as well as strategizing takeovers or winding up at appropriate junctures".  

Αναλυτικό Κόστος Σεμιναρίου
  • € 240.00
  • € 0.00
  • € 45.60
  • € 240.00
ΠΡΟΓΡΑΜΜΑ ΣΕΜΙΝΑΡΙΟΥ

Τετάρτη - 12 Ιουν 2024

Ώρα

09:00 - 12:45

Τοποθεσία:

OnLine Virtual Classroom

Πέμπτη - 13 Ιουν 2024

Ώρα

09:00 - 12:45

Τοποθεσία:

OnLine Virtual Classroom

Εκδήλωση Ενδιαφέροντος : Corporate Mobility and the Re-Domiciliation Process in Cyprus

Σεμινάρια στην ίδια κατηγορία από τον ίδιο διοργανωτή
CySEC Certification Examination Preparation Course (Advanced, Basic Ex...

With a proven track record, the highly successful EIMF CySEC examination preparation course offers an in-depth coverage of all the required material, preparing ...

15/04/2024 16:30

32 ώρες (8 μέρες)

Αγγλικά

Επιχορηγημένο-ΑνΑΔ

Live Online

Corporate Sustainability Reporting Essentials...

In today’s rapidly changing world, the pursuit of sustainable development is not just a choice—it’s an imperative. Organizations all over the globe recognize th...

25/04/2024 09:00

7 ώρες (2 μέρες)

Αγγλικά

Live Online

CySEC AML Certification Examination Preparation Course...

The CySEC AML Certification Examination requires very good knowledge of the Prevention and Suppression of Money Laundering and Terrorist Financing Laws of 20...

13/05/2024 16:30

16 ώρες (4 μέρες)

Αγγλικά

Επιχορηγημένο-ΑνΑΔ

Live Online

CISI | EIMF Cyprus Fund Administration Professional Assessment...

Professionals working within the Investment Fund Sector require a set of specific specialised knowledge and technical skills. The Cyprus Fund Administration Pro...

14/05/2024 14:00

24 ώρες (7 μέρες)

Αγγλικά

Επιχορηγημένο-ΑνΑΔ

Live Online

Corporate Social Responsibility (CSR), Environmental Social Governance...

The creation of this specific training programme stems from the need for businesses to recognise and maintain essential knowledge on Sustainable Development iss...

16/05/2024 09:00

10 ώρες (2 μέρες)

Αγγλικά

Επιχορηγημένο-ΑνΑΔ

Live Online

Fund Set Up in Cyprus: A Practical Guide...

This Seminar aims to provide participants the knowledge and understanding to be able to set up a fund in Cyprus from A to Z. The Cyprus Fund Industry and the ba...

16/05/2024 10:00

10 ώρες (2 μέρες)

Αγγλικά

Επιχορηγημένο-ΑνΑΔ

Live Online

CySEC Certification Examination Preparation Course (Advanced, Basic Ex...

With a proven track record, the highly successful EIMF CySEC examination preparation course offers an in-depth coverage of all the required material, preparing ...

20/05/2024 16:30

32 ώρες (8 μέρες)

Αγγλικά

Επιχορηγημένο-ΑνΑΔ

Live Online

Unfair Commercial Practices in Financial Services...

Directive 2005/29/EC of the European Parliament and of the Council on unfair business-to-consumer commercial practices in the internal market (‘the UCPD’) const...

22/05/2024 09:00

5 ώρες (2 μέρες)

Αγγλικά

Live Online

CRS & FATCA Compliance & Reporting...

The Common Reporting Standard (CRS) is an effort led by the Organization of Economic Cooperation and Development (OECD) and aims to combat tax evasion by imposi...

23/05/2024 09:00

6 ώρες (1 ημέρα)

Αγγλικά

Επιχορηγημένο-ΑνΑΔ

Live Online

Cyprus Contract Law – The Basics...

What is a Contract? It may be surprising to hear that we form contracts every day without even knowing! This course will offer the opportunity to address ...

28/05/2024 09:00

6 ώρες (2 μέρες)

Αγγλικά

Live Online

EXIN Privacy & Data Protection: Professional Certificate in General Da...

With the ever increasing explosion of information flooding the internet, every company needs to plan how to manage and protect privacy of persons and their data...

30/05/2024 14:30

21 ώρες (5 μέρες)

Αγγλικά

Επιχορηγημένο-ΑνΑΔ

Live Online

CISI | EIMF Cyprus Fund Administration Professional Assessment...

Professionals working within the Investment Fund Sector require a set of specific specialised knowledge and technical skills. The Cyprus Fund Administration Pro...

04/06/2024 09:00

24 ώρες (5 μέρες)

Αγγλικά

Επιχορηγημένο-ΑνΑΔ

Live Online

Enhancing Regulatory Compliance and AML Measures in Fund Administratio...

To this date, the Fund Administration Services in Cyprus are not per se regulated by the domestic legal framework, as opposed to other EU jurisdictions or even ...

06/06/2024 10:00

10 ώρες (2 μέρες)

Αγγλικά

Επιχορηγημένο-ΑνΑΔ

Live Online

CySEC AML Certification Examination Preparation Course...

The CySEC AML Certification Examination requires very good knowledge of the Prevention and Suppression of Money Laundering and Terrorist Financing Laws of 20...

10/06/2024 16:30

16 ώρες (4 μέρες)

Αγγλικά

Επιχορηγημένο-ΑνΑΔ

Live Online

Corporate Mobility and the Re-Domiciliation Process in Cyprus...

The purpose of this programme is to examine the various matters related to corporate mobility as inextricably linked to the freedom of establishment of legal pe...

12/06/2024 09:00

7 ώρες (2 μέρες)

Αγγλικά

Live Online

Handling Client Complaints for Investment, Banking and Insurance Busin...

The appropriate handling of complaints marks out financial institutions and firms as being concerned to improve their relationships with their customers and the...

14/06/2024 09:00

5 ώρες (1 ημέρα)

Αγγλικά

Live Online

CySEC Certification Examination Preparation Course (Advanced, Basic Ex...

With a proven track record, the highly successful EIMF CySEC examination preparation course offers an in-depth coverage of all the required material, preparing ...

17/06/2024 16:30

32 ώρες (8 μέρες)

Αγγλικά

Επιχορηγημένο-ΑνΑΔ

Live Online

DFSA Regulatory Compliance CPD Programme...

Financial services rules and regulations apply to all firms regulated by the DFSA. These rules and guidelines are intended to safeguard customers when they tran...

18/06/2024 09:00

15 ώρες (3 μέρες)

Αγγλικά

Live Online

Environmental, Social, and Governance (ESG) Internal Audit...

Environmental, social, and governance (ESG) considerations have become one of the most pressing elements within the financial markets landscape, driven by both ...

18/06/2024 09:00

7 ώρες (2 μέρες)

Αγγλικά

Live Online

Εκούσιες Εκκαθαρίσεις – Θεωρία και Πρακτική...

Στόχος του προγράμματος είναι να δώσει στους συμμετέχοντες μια ολοκληρωμένη εικόνα αναφορικά με τη διαδικασία της εκούσιας εκκαθάρισης τόσο από μέλη όσο και από...

26/06/2024 15:00

7 ώρες (1 ημέρα)

Ελληνικά

EIMF (Λευκωσία)

Employment Law in Cyprus...

It is important for any effective manager, supervisor or team leader to have a solid understanding of all the basic matters surrounding the employment law in Cy...

27/06/2024 09:00

6 ώρες (1 ημέρα)

Αγγλικά

Επιχορηγημένο-ΑνΑΔ

Live Online

Fund Administration, Accounting, Reporting and Depositary Functions...

Course Overview  Mutual Funds are a very widely used financial tool. Investors, professionals and individuals make use of them in order to benefit from the p...

08/07/2024 15:45

5 ώρες (2 μέρες)

Αγγλικά

Live Online

The Fund Industry: Definitions, Structures, Strategies and Regulations...

Mutual Funds are a very widely used financial tool. Investors, professionals and individuals make use of them in order to benefit from the professional investme...

22/07/2024 09:00

5 ώρες (1 ημέρα)

Αγγλικά

Live Online

Ethics and Compliance...

Description This course will help you to increase your personal ethics and explore your obligations to act with integrity in all aspects of your work and pro...

31/01/2025 11:40

Αγγλικά

eLearning

Practical Aspects of the Compliance Function...

Description This course offers a practical review of the compliance function. It addresses the roles, responsibilities and mission of the compliance officer,...

31/01/2025 11:40

Αγγλικά

eLearning

AGRC Certificate in ESG Principles & Standards...

During the past several years, ESG has gained plenty of prominence throughout the corporate world as a growing number of organisations have started embracing it...

31/01/2025 11:40

Αγγλικά

eLearning

Certified Blockchain Business Foundations (CBBF) with Exam Voucher...

Description  This course will cover the syllabus of BTA's Certified Blockchain Business Foundations (CBBF) examination.  The Certified Blockchain Business...

31/01/2025 11:40

Αγγλικά

eLearning

CIMA – Fundamentals of Ethics, Corporate Governance and Business Law (...

The learning outcomes in this subject reflect the professional standards to be demonstrated for the benefit of all stakeholders. With this in mind, the place of...

31/01/2025 11:40

Αγγλικά

eLearning

CIMA – Strategic Management (E3)...

This unit provides the foundation of strategic management and an understanding of the dynamics of the organisational ecosystem and how it affects the strategy o...

31/01/2025 11:40

Αγγλικά

eLearning