Offshore / The essentialsAssess continuation before starting a new incorporation
Re-domiciliation, also called continuation, changes the jurisdiction under whose laws an existing company is registered while preserving its legal identity. It is different from opening a UAE subsidiary and different from transferring assets into a newly incorporated company. The original jurisdiction must permit the proposed departure, and the company must meet the receiving registry’s eligibility requirements. Source: RAK ICC: transfer of domicile.
A useful assessment looks beyond the incorporation certificate. Review contracts, financing, assets, ownership and tax residence with the relevant advisers before deciding to move. Any coordination engagement should allocate work between the company, its home-jurisdiction advisers and the appointed RAK ICC registered agent. Confirm the provider and its authority before requesting filings.