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Redomiciliation: What It Is, How It Is Used, and Examples from the Russian Market
... transferred part of its business to friendly countries to ensure uninterrupted access to international markets.
Rosneft:
The company redomiciled several of its subsidiaries that were previously registered in Europe to Russia to minimize the impact of sanctions.
Advantages and Risks of Redomiciliation
Advantages:
Reduction of tax burden.
Strengthening legal and financial security.
Maintaining access to international markets.
Risks:
Costs associated with the redomiciliation process.
Possible integration challenges in the new jurisdiction....