COMPANY REDOMICILIATION

domiciliation

For companies considering a Dubai free zone business setup, we offer comprehensive support to ensure a smooth transition and ongoing success. Our expertise in Dubai free zone business setup provides tailored solutions to meet specific commercial needs and regulatory requirements.

COMPANY REDOMICILIATION AND DUBAI FREE ZONE BUSINESS SETUP

The redomiciliation is the right solution for offshore companies registered in typical offshore jurisdictions where meeting the current regulatory requirements for substance, TIN, ESR and CIGA is often very difficult if not impossible. Some offshore jurisdiction has changed it’s laws and simple IBC companies were often phased out. IBC companies in today’s world and regulatory environment has very limited use. However many of them has long history and reputation with it’s business partners and/or hold substantial assets, etc. therefore to continue their business model and redomicile such company is the right move.

Existing companies in some low and lower tax jurisdictions face similar problems and sometimes also trouble with banking and finance environment, numerous bank failures, overnight bank closures and resolution orders resulting in no access to funds for many years and ongoing court cases. The solution for such companies is to exit it’s place of incorporation and make use of the redomiciliation to continue it’s business under sound regulatory environment with modern legislation in the U.A.E. and at the same time to be able to continue with it’s legal battle in the former jurisdiction not losing the legal continuity. Our company is recognized professional partner and introducer to selected free zones in the U.A.E. and can assist with redomiciliation process.

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