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Transfer of Domicile/Continuation 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. Companies re-domicile or opt for Transfer of Domicile for a variety of reasons, the most important being able to take advantage of a tax neutral environment and/or the availability of a network of Double Taxation Agreements, to align their place of registration with their shareholder base, or to access specialist capital markets.
RAK International Corporate Centre permits companies/enterprises incorporated in other offshore jurisdictions to migrate into our jurisdiction
We would like to help you in any step of opening a business in UAE.