In light of global trends aimed at increasing tax transparency and BEPS development, more and more companies are making changes to their business structure, moving it to well-established and at the same time favorable jurisdictions.

In modern conditions, enterprises are switching from tax havens to more politically stable countries that provide both asset protection and favorable tax and regulatory regimes for investors. Nevertheless, most companies still want to preserve their existing corporate history and company name.

In this case, the best solution is to transfer the company to a new, favorable jurisdiction.

What is redomiciliation?

Redomiciliation or change of tax jurisdiction is a process in which a company moves its legal address (or place of registration) from one jurisdiction to another, changing the country in accordance with the legislation under which it is registered or established, while maintaining the same legal identity.

What are the advantages of redomiciliation?

• — Preservation of corporate history and branding
• — Preservation of existing client base and contracts
• — Maintenance of existing legal status
• — Maintenance of prestige and banking history
• — Flexibility in corporate reorganization

Why transfer a company to the UAE?

• — Absence of any taxes on income, capital gains and property for both companies and individuals.
• — 100% profit repatriation
• — OECD and FATF white-listed jurisdiction
• — 115 double taxation avoidance agreements signed with various countries
• — Strategic location in the Middle East and North Africa region
• — Effective legal and judicial systems for protecting foreign investments
• — Economic and political stability
• — World-class infrastructure

The accumulated experience of Garant Business Consultancy in corporate services allows us to provide information on the most effective ways to reorganize your business from a tax, legal and financial point of view.

We provide comprehensive support in implementing re-registration plans specially developed for our clients, and help relocate companies from any jurisdiction to the UAE.