Ireland simpliflies hedge fund redomiciling

Ireland: Luck and expertise leads to growth – June 2010

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Until this year if a manager wanted to change the domicile of his fund to Ireland from another jurisdiction, he was forced to close down the existing fund and set up an entirely new one.

Not any more. In December 2009 the Irish government passed the Companies (Miscellaneous Provisions) Act 2009. Among the act’s provisions was a streamlined process for redomiciliation that brings Ireland into line with other jurisdictions and has already attracted a high level of interest from managers.

The process

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