Corporate redomiciliation is the process by which a company 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.
Redomiciliation can pose problems when a company is able to redomicile without leaving trace of its previous existence, allowing it to evade investigation by law enforcement and other authorities. Redomiciliation is becoming more commonplace and is now a major issue in international law corporate, money laundering and tax enforcement.
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