Submission to the Corporate re-domiciliation Consultation organized by the Department for Business, Energy and Industrial Strategy, HM Revenue & Customs and HM Treasury

Recommendations:

• The proposed regime should not be introduced until BEIS has completed the proposed reforms to Companies House giving the register powers to query, verify and remove inaccurate company data.
• Companies re-domiciling into the UK should be subjected to robust due diligence procedures and where companies are found to have submitted false or misleading information they should be subject to sanctions including, where necessary, the cancellation of the process itself.