From a legal point of view, the place of a permanent residence of an individual. It can be permanent address or, in some cases, the country of origin. Generally, domicile may not coincide with the current physical place of residence of a person, it is rather the place where one intends to return after being absent for some reasons.

Dormant Company

A company having registered name, directors, articles of association, etc., but not trading at the current moment and having no turnover.

Double Taxation Agreement (DTA)

Also Double Tax Treaty. An agreement between two countries which relieves the persons who would otherwise be liable to taxation in both countries from being taxed twice in respect of the same transactions or events.

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