What is re-domiciliation?
 

Re- domiciliation means much in the way that companies can relocate or change its registered office within its same jurisdiction or move into a “new” jurisdiction. And speaking of “Corporate Re-domiciliation”, it is a process chosen by a company to change or migrate from one country to a new country under which laws it was incorporated, whilst maintaining its current legal identity and structure.

What are the major advantages?

The reason why Re- domiciliation is good choice for companies is that the option of moving to a new jurisdictions offers enterprises to enjoy the benefits of favourable tax laws at its new location and also maximise its access to giant financial and capital markets.

Why UAE should be considered as the best choice for Re- domiciliation?

United Arab Emirates has so much to offer including the fact that it is an internationally white listed jurisdiction which offers businesses, entrepreneurs, high net worth individuals a great professional, growth-oriented environment that is supported by friendly business policies, world class infrastructure, range of banking facilities whilst managing the anti-money laundering and counter finance terrorism countermeasures.

It is noteworthy to mention that UAE’s world class jurisdiction with mature banking and legal system is just favourable for corporate re-domiciliation and various companies from foreign jurisdiction are considering UAE as a top choice.

RAK International Corporate Centre ("RAK ICC")

Why RAK ICC?

RAK ICC has a wide accessibility to a broad range of UAE Double Tax Treaty Network – elaborate. RAK ICC offers ease when it comes to opening bank accounts locally and internationally followed by the free availability of USD and the UAE Dirhams pegged to USD.

RAK ICC facilitates companies formed in other countries to migrate in UAE with ease. RAK ICC Regulations offers flexibility in the structure of a company which are limited by shares, company limited by guarantee either authorized or not authorized to issue shares, and unlimited company authorised to issues shares and segregated Portfolio Company.

The prime reasons to join RAK ICC are:

We can help you set-up your company and many more. Freemont Oneworld Group delivers your business the support you need to plan for the future and make your goals reality. Our aim is to give you the best advice possible. Contact us if you want to discover the best solution for your situation.