Gold and Gemstone Mining Inc (GGSM)

[HigherStandard]

Redomicile is a term used in the business world to describe the process of moving a company’s legal domicile from one jurisdiction to another. This can be done for a variety of reasons, including tax advantages, regulatory requirements, or to gain access to new markets.

Redomiciling typically involves setting up a new legal entity in the new jurisdiction, transferring assets and liabilities from the old entity to the new one, and then dissolving the old entity. The process can be complex and may require the assistance of legal and financial professionals.