Migration.
Like to move your company? Consider Corporate Migration.
Why consider corporate migration?
A lot of entrepreneurs start a venture in a jurisdiction, where access to the target market, cost of operation and legal framework are the most favourable at the time of start-up. The situation may change during the due course of operation, as for example the market may shift, the range of services may increase or the legal framework may change.
This may be the moment to consider a re-domiciliation of your business. When you opt for corporate migration or company re-domiciliation, it will enable to seat in another jurisdiction whilst maintaining the Company History, existing assets and everything else.
What are the benefits of corporate migration?
There are a variety of reasons to consider migrating your business, among these are:
- Utilizing the advantages of a more favorable legal framework.
- Capitalizing on a more compliant environment.
- Bringing offshore business onshore.
- Facilitating access to new capital markets.
- Gain access to more favorable banking institutions and facilities.
- Get a Tax Identification Number not available in the current jurisdiction of incorporation.
- Ease of Administration and Management.
To which country should I migrate?
Every jurisdiction and location has its advantages and disadvantages. It is a question to match your requirements with the strength of the options available.
As an example: The UAE is one of the premier structuring hubs worldwide primarily capitalizing on the following competitive advantages:
- Zero tax regime.
- International pro-business environment.
- Extensive network of tax treaties with over 80 countries.
- Full repatriation of capital and profit.
Another jurisdiction often favoured by businesses is Singapore, that capitalises on
- Prime position in the Asian market.
- Special tax regime for income from outside Singapore.
- Access to a strong pool of specialists for example in finance, marketing or trade.
- Excellent financial services.
The Seychelles is a jurisdiction, that gained a lot of attention in the recent months, because of some strong points in its favour:
- Open to provide a sandbox environment for crypto currency related activities.
- Interesting company structures like “Protected Cell Companies”.
- Quick approval and incorporation processes.
- Hybrid legal system combining elements of civil and common law.
