Relocating or “Converting” a Foreign Non-U.S. Entity into a U.S. Corporation

Foreign non-U.S. companies sometimes wish to relocate and transfer their business entity to the U.S. The concept of essentially converting into a U.S. company is called “redomiciliation,” “redomestication,” “company transfer,” “migration” or “continuance”.

Companies wishing to relocate and redomicile in the U.S. may be able to go through a fairly simple process for redomiciliation if the U.S. state and country of origin both permit redomiciliation. For example, in the U.S., Delaware permits redomiciliation. Countries such as the United Arab Emirates (UAE), Ireland, Israel, British Virgin Islands, Cayman Islands, Switzerland, Portugal, and several other nations around the world permit redomiciliation. Note that the UK does not permit redomiciliation, nor do most “civil law” countries.

The process for redomiciliation is usually straightforward and involves filing paperwork in the new jurisdiction, and following whatever process is required in the old jurisdiction to remove the company from the register. The company must be in good standing and not have any pending legal process or claims against it to qualify for redomiciliation.

If you are considering relocating your business to the U.S., contact us at the link below and we can help assess if redomiciliation is an option for your company, or explore alternatives such as starting fresh with a new U.S. entity, effecting a cross-border merger and consolidation, or keeping your non-U.S. entity and setting up a U.S. subsidiary entity.

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