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ARTICLE · 01 JULY 2008

Finding The Right Home

Interesting framework and EU membership are making Gibraltar an attractive domicile for hedge funds.

GibraltarFinance and Banking
Rolf Majcen
Rolf Majcen

Interesting framework and EU membership are making Gibraltar an attractive domicile for hedge funds. If a promoter or fund manager wants to have his hedge fund, which, for instance, has been constituted in the Caribbean, registered as an Experienced Investor Fund (EIF) under the laws of Gibraltar to transfer it into a tax-advantaged domicile of the European Union, he does not have to liquidate the fund in the country of its incorporation. Exactly for such cases different corporate laws open opportunities for "redomiciliation".

Redomiciliation

By means of redomiciliation, hedge funds which have been established as companies, are able to move to Gibraltar from the country of their incorporation without liquidation and fresh registration, as long as redomiciliation is provided for in the charter, statutes or memorandum and articles, or other instruments constituting or defining the foreign company and

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