Words / R / Law

redomiciliation

noun/riːˌdɒmɪsɪliˈeɪʃən/

C2CEFR level
90/100Rarity: very rare
TechnicalRegister

The relocation of a company's legal seat to another jurisdiction while preserving its corporate identity.

The redomiciliation to Jersey was structured to avoid triggering any exit charge.

Similar: migration

Topic: Corporate law in Legal English

Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.

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More law words: Corporate law