Government launches consultation on encouraging business to re-locate to the UK

The Department for Business, Energy & Industrial Strategy, HM Treasury, and HM Revenue & Customs are seeking views on the introduction of a corporate re-domiciliation regime to support companies seeking to relocate to the UK.

This consultation closes at 11:45pm on 7 January 2022

Consultation description

This consultation seeks views on the introduction of a UK re-domiciliation regime, which would make it possible for companies to re-domicile and therefore easier to relocate to the UK.

The UK is a competitive, global hub for business and is home to one of the world’s leading financial centres. This mechanism will allow companies to take advantage of its world-class infrastructure and skills, while promoting jobs, innovation and investment in the UK.

In this consultation, we set out our proposals and seek views on:

• The advantages of enabling companies to re-domicile
• The level of demand that exists, among which types of companies and sectors
• The appropriate checks and entry criteria
• The merits of establishing an outward re-domiciliation regime
• Any tax implications associated with the introduction of a re-domiciliation regime

Corporate re-domiciliation: consultation

PDF, 287KB, 24 pages

Ways to respond

Email to:

Transparencyandtrust@beis.gov.uk