Existing offshore companies registered in other jurisdictions can transfer their Domicile to RAKICC. “Re-domiciliation” or “Transfer of Domicile” is the process by which a company/enterprise moves its domicile from one jurisdiction to another by changing the country under whose laws it is registered or incorporated while maintaining the same legal identity.
A few of the major advantages are listed below:
(a) a company limited by shares;
(b) a company limited by guarantee that is may or may not be authorised to issue shares;
(c) an unlimited company that is authorised to issue shares;
(d) a segregated portfolio company; or
(e) a restricted purposes company and in the different classes of shares allowable under these structures.
Emirates Chartered Accountants Group can support you to form an offshore company in any of the jurisdiction in UAE or abroad and can also support the Transfer of Domicile/Re-Domiciliation. Emirates Chartered Accountants Group is a registered agent in both RAKICC and JAFZA.