Should you set up a new corporate entity or would it be wiser to migrate, your existing setup to the Maltese jurisdiction? Through the ‘redomiciliation’ process a body corporate registered in a foreign jurisdiction may opt to continue to exist in Malta. This procedure allows you to avoid incurring winding up costs in the foreign jurisdiction.
We advise whether the adoption of such a process is advantageous to the client and provide the relative assistance. There are a set of important conditions which must be satisfied for the successful migration of the corporate entity to or from Malta and we are able to guide clients through the intricacies of a procedure which is on paper more long winded than the incorporation of a new entity, but may provide important benefits to the client.