If they are incorporated in Cyprus and they are selling Pharmacy then they may have other companies from where they sell it since it is not allowed any longer! However, it can be a sort of Holding company for Tax reason they have in Cyprus and have another company who is conducting the business this may be in a gray area.
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Disclaimer: Nothing I say should be taken as tax, legal or financial advice. Anything I say is for general informational purposes only. Always seek independent professional advice.
