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Redomiciliation: What It Is, How It Is Used, and Examples from the Russian Market

... created in Kaliningrad and Vladivostok. Transfer to friendly countries: Some companies opt for jurisdictions in countries such as Kazakhstan, Armenia, and the UAE, which offer favorable business conditions and are not subject to sanctions pressure. Examples of Redomiciliation in the Russian Market Lukoil: The large Russian oil company redomiciled its foreign subsidiaries in 2022, bringing them under Russian jurisdiction to mitigate sanctions risks and maintain access to assets. Finam Investment Company: One ...