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reception@polymage.com.cy

 * Home
 * Services
 * About us
 * Contact us


WE HELP YOUR
BUSINESS TO
EVOLVE

Polymage Consulting is a professional services provider involved in the
corporate and financial consultings business.


WHAT DO WE OFFER

01
Company Formation, Mergers and Acquisitions, International Business Issues
02
Contractual Drafting in Cyprus and Switzerland
03
Banking and Financein Cyprus and Switzerland
04
Tax Law and International Tax Planning through Cyprus and offshore Companies
05
Acquisition of Immovable Property in Cyprus
06
Corporate Due Diligence in Cyprus and worldwide
07
Employment and Labour Law
08
Immigration Law
09
Wills and Probate
01


COMPANY FORMATION IN CYPRUS AND WORLDWIDE

MERGERS AND ACQUISITIONS. CORPORATE ADMINISTRATION AND INTERNATIONAL BUSINESS

Polymag Consulting is experienced in international corporate and commercial laws
and offers clients integrated solutions for their businesses.

The favourable taxation in Cyprus and number of double-taxation treaties
provides businessmen with great opportunities to expand their business
worldwide. The special tax regime in Cyprus enables dividends to flow through
Cyprus companies absolutely tax free. Combination of Cyprus, offshore and
national companies produces cumulative effects and makes it possible to develop
the business on a legal and safe base.



Corporate Issues

 * Formation of companies in Cyprus and abroad
 * Ready-made (shelf) companies for immediate use
 * Mergers and acquisitions of companies in Cyprus and abroad
 * Corporate structuring and re-structuring
 * Establishment and re-structuring of holding groups
 * Shareholders’ agreements
 * Share capital increase and decrease
 * Issuance of shares at premium, various classes of shares
 * Shareholders’ contributions into the share capital
 * Public and private offerings procedures
 * Corporate management and administration
 * Related services

International Business Issues

 * Joint ventures and international groups of companies
 * Cross-border transactions, including the capital transfer
 * Cyprus and UK partnership formation and dissolution
 * Dissolution of companies, including striking off and bankruptcy procedures
 * Insolvency and debt re-structuring
 * Agency and intermediary agreements
 * Local and international tax planning
 * Formation and administration of fully pledged offices in Cyprus

02


CONTRACTUAL DRAFTING IN CYPRUS AND SWITZERLAND




Experts from our company are skilled to design extremely varied types of
contracts, such as Share Purchase Agreements, Shareholder's Agreements, Agency
or Distributorship Agreements, Co-operation Agreements, Confidentiality
Agreements, Employment Contracts, Construction Contracts, Sports Agreements,
Finance Agreements and Security Agreements, and many others.

Bi-lingual contracts and related documents
are available as well.




Experts of POLYMAGE CONSULTING assist clients to prepare any type of commercial
contracts required for their business. Contractual drafting is an important
professional service. Normally the procedure of contractual drafting consists of
the following steps
 

 * Contract Design
 * Notification to client of potential Commercial Awareness
 * Structuring of a document
 * Drafting of a Contract
 * Assessment of strengthens and weaknesses of a deal as reflected in the
   Contract
 * Negotiation of Contract with client and counterparties
 * Evaluation of International aspects of Contracts
 * Regarding choise of of Jurisdiction
 * Regarding choise of Governing Law
 * Evaluation of probable conflict of Laws
    

03


BANKING AND FINANCE IN CYPRUS




Polymag Consulting provides clients with integrated business solutions, such as
provision of companies with bank accounts opened and ready to use. Such bank
accounts can be opened with various types of national currencies freely.
Normally the bank account opening procedure in Cyprus banks takes one working
day only.




Standard spectrum of banking and finance transactions includes but is not
limited to:

 * preparation of a set of documents required, filling in bank forms and opening
   of bank accounts
 * arrangements required to provide a client with e-Banking access
 * confidential delivery of access to the bank account directly to the client
 * collection of bank statements and related documents; correspondence with the
   bank
 * liaison with at the bank to assist with client’s transactions
 * arrangements to effect domestic and cross-border loan and security
   transactions
 * drafting of loan documentation for single-lender and syndicated loans
 * drafting of security documentation including charges over assets and
   undertakings of companies, debentures, pledges of share certificates,
   security assignments of rights etc.
 * re-structuring of existing loans and collateral with bank
 * re-structuring, novation and re-financing of existing debts
 * financing of international trade, issuance of Letters of Credit, drafting of
   contracts and related documents
 * assistance in respect of project financing and finance leasing
 * assistance with indemnities and guarantees granted to the bank
 * due diligence of deals, corporate documents, contracts, securities and
   charges
 * legal opinions and legal due diligence reports

04


TAX LAW AND INTERNATIONAL TAX PLANNING THROUGH CYPRUS AND OFFSHORE COMPANIES




POLYMAGE CONSULTING is able to assist the clients in structuring their
international cross-border activities in the most tax-efficient manner and
provide them with effective handling of tax disputes.

Cyprus is a unique jurisdiction in the World for international tax planners as
per low tax regime coupled with number of double tax treaties, stable laws
implemented by European Union legislation and well-developed banking
infrastructure.



The major advantages of tax planning in Cyprus
are as follows:

 * Cyprus is EU Member
 * Corporate tax of only 12,5%, the lowest in the EU and sufficiently lower than
   in CIS countries
 * Tax relief for group losses
 * Implementation of EU legislation such as: EU Parent Subsidiary Directive; EU
   Mergers Directive
 * Extensive number of Double Tax Treaties – around 50 as of 2012

05


ACQUISITION OF IMMOVABLE PROPERTY IN CYPRUS

CYPRUS IS AN ATTRACTIVE PLACE TO INVEST IN IMMOVABLE PROPERTY. CYPRUS LAWS
PROVIDE THE OWNERS WITH A SAFE LEGAL FRAMEWORK IN WHICH TO OWN AND DISPOSE OF
PROPERTY FREELY



Polymage Consulting is in a position to provide clients with professional advice
on entering into an agreement to purchase immovable property in Cyprus as well
as with effective assistance at every step of a transaction in order to protect
the client’s interests.



Any transaction relating to the acquisition of property in Cyprus requires some
mandatory steps as shown below:

 * application to the Council of Ministers for approval of a transaction
   (required for non-EU citizens only)
 * approval and signing of a contract of sale
 * registration of contract at the District Land Registry for the purpose of
   safeguarding the purchaser's interest
 * transfer of a title deed to the new owner.
 * approval and signing of a contract of sale
 * registration of contract at the District Land Registry for the purpose of
   safeguarding the purchaser's interest
 * transfer of a title deed to the new owner.

There are some special requirements as well as special advantages to foreigners.

 

Detailed brochure of legal aspects of immovable property transaction in Cyprus
is available on request.

06


CORPORATE DUE DILIGENCE IN CYPRUS AND WORLDWIDE

BESIDES INDICATIONS OF PROBLEMS, OUR EXPERTS WILL PROVIDE THE CLIENT WITH
EFFECTIVE, LEGAL AND SAFE SOLUTIONS.





CORPORATE DUE DILLIGENCE

Experts of POLYMAGE CONSULTING are a position to provide the clients with
detailed risk assessments with regards to the client’s companies, holding
groups, partners, deals, agreements as well as personal matters. Any gaps,
misunderstandings and problems will be reflected in such reports.

07


EMPLOYMENT <BR>AND LABOUR LAW




Polymage Consulting  has wide experience and expertise in drafting employment
agreements and related documents, including deeds of release and mutual
termination agreements.




Spectrum of labour matters includes but is not limited to:

 * information and consulting services on Cyprus employment law issues
 * work permit matters, corporate immigration
 * drafting of labour contracts under Cyprus laws
 * matters related to the termination of employment
 * motivation issues and employee share option plans
 * social insurance matters
 * employer and employee obligations
 * rights of maternity
 * discrimination at work
 * health and safety matters
 * confidentiality and non-compete obligations
 * employer manuals
 * assistance with employment dispute resolution

08


IMMIGRATION LAW




Polymag Consulting provides clients with consulting and assistance with all
matters relating to immigration law.




Spectrum of immigration matters includes:

 * Citizenship applications
 * Employment permits
 * Permanent residence permits
 * Immigration permits
 * Visas

09


WILLS AND PROBATE




Polymag Consulting can make all necessary arrangements and assist clients with
all matters with regards inheritance in Cyprus.




Cyprus is a unique jurisdiction with no inheritance tax connected with movable
and immovable property.

 

Spectrum of services includes:

 * Drafting Wills
 * Obtaining Probate Orders
 * Administration of Estates
 * Drafting of a Contract
 * Resealing


ABOUT US AND OUR COMPANY

Mrs Svetlana Kolycheva
Partner / Director

01

Svetlana Kolycheva

Partner / Director
Specialization:

Corporate, Business Laws Corporate Administration

Contact me

02

Sergey Kolesnikov


01

Svetlana Kolycheva


Mr Sergey N. Kolesnikov
Partner / Director

02

Sergey Kolesnikov

Partner / Director
Specialization:

Corporate, Business Laws Private Administration

Contact me

03

Ilya
Kolesnikov


02

Sergey Kolesnikov


Mr Ilya Kolesnikov
Corporate Administrator

04

Ilya
Kolesnikov

Corporate Administrator
Specialization:

Cyprus Laws Governance and Administration

Contact me

04




CONTACTS US


PLEASE CONTACT
THE HEAD OFFICE AT:

Riga Feraiou, 11, 3095 Limassol,
Cyprus.
+357 (25) 02-88-66
+357 (25) 02-88-67
reception@polymage.com.cy
Feedback


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Email *
Message *



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© 2013-2020 Polymage Consulting.
All rights reserved

reception@polymage.com.cy
 * Home
 * Services
 * About us
 * Contact us

reception@polymage.com.cy