Re-domiciliation

Re-domiciliation is the process of relocating a company’s legal home from one jurisdiction to another without dissolving or liquidating the existing entity. This process allows businesses to change their domicile to take advantage of more favourable regulatory, tax, or business environments while retaining their operational history, assets, and liabilities.

In Gibraltar, re-domiciliation is a straightforward process governed by the Companies Act. Key steps include:

Eligibility Check: The company must comply with the laws of both the current jurisdiction and Gibraltar.

Filing Requirements: Documents such as the Certificate of Good Standing, Memorandum and Articles of Association, and a re-domiciliation application must be submitted to Gibraltar’s Companies House.

Continuity: Once re-domiciled, the company retains its legal identity, preserving contracts, intellectual property, and operational continuity.
The benefits of re-domiciliation to Gibraltar include access to its competitive 12.5% corporate tax rate, robust financial infrastructure, and proximity to European markets. Re-domiciliation is particularly appealing for businesses seeking a stable regulatory environment or better compliance with international tax standards like the OECD’s BEPS framework.

Businesses considering re-domiciliation should consult legal and tax experts to ensure a smooth transition and adherence to all regulatory requirements in Gibraltar and the previous jurisdiction.