Company Redomiciliation
The process of a company redomiciliation, sometimes referred to as a continuation or company migration offers in some cases a viable alternative to incorporating a new company. Company redomiciliation is the de-registration of a company or legal entity in one country and re-registering it in another country. Simplifying it, the company simply moves from one country to another country and as the name suggests it has the advantage of continuity.
Company Redomiciliation
There are many reasons for a company migration or continuation in another country. The new country may offer a more advantageous business or fiscal environment or the original purpose of why a company was incorporated in a particular country may no longer be relevant or valid.
Easier and more practical to redomicile over liquidation and re-forming in a new country.
Migrate with all its established contracts, relationships in place and can avoid a potentially costly and time-consuming process of transferring all assets and contracts from one entity to another.
Potentially more cost effective than company formation.
The redomiciliation of a company can be a straightforward process if both country of departure and country of arrival allow for the re-domiciliation process but timeframes can largely be dependent on the efficiency of government authorities in the respective countries to give clearance for the migration of the company and acceptance of the company in the new jurisdiction.
Has Brexit Been A Challenge?
If your business is still suffering from the after affects of Brexit why not get in touch with our team and we’ll arrange a FREE consultation to discuss the options available to remove the ‘red-tape’?
Alternatively, if you’re searching for a solution, or maybe you’re just curious and want to review your options, we’ve created this useful guide to highlight some of the opportunities available to UK businesses in order to remain competitive in the Post-Brexit market.
Find Out More About The Services We Provide In Our Key Strategic Locations
Papilio Services in Malta
Papilio Services in Malta
Papilio Services in Netherlands
Papilio Services in Netherlands
Papilio Services in Rest of the World
Papilio Services in Rest of the World
Get In Touch With Us
We have successfully handled many company redomiciliations from a variety of different countries and have experience carrying out simple and complex company migrations. If you are interested in having an initial consultation to discuss your business requirements, contact us using the form below and we will reach out to schedule a call as soon as possible. If you require more technical information, we can arrange for a local expert to be on the call.
