Re-domiciliation is the procedure under which a company can transfer its seat of incorporation from one country to another, provided that its existing jurisdiction and its Memorandum allows the transfer and the continuation under the new jurisdiction.
There is a global concern with respect to companies who cannot demonstrate adequate economic substance coupled also with lack of transparency with respect to the beneficial owners, as such characteristics, can conceal the real purpose of the transactions and facilitate money laundering and tax avoidance.
Social Insurance Services, as part of their effort to improve the quality of services rendered to the public, provide the facilitation to employers and self-employed persons to pay their contributions over the internet. The payment of contributions over the internet is carried out via Sepa Direct Debit.
