The rights and registration of running an offshore firm

A company, like an individual, has a domicile, which is its jurisdiction of registration. A company can change its domicile by changing its jurisdiction of registration but not all jurisdictions will accept a transfer of registration from another jurisdiction or allow its companies to be re-domiciled. This can be important. For instance when the Republic of Ireland changed its taxation rules such that all companies registered there would be subject to tax, including previously non- resident tax exempt Irish companies, the only ways to avoid the charge were (1) to change the company's place ...