Company Migration Sample Clauses
The Company Migration clause outlines the procedures and requirements for transferring a company's operations, assets, or legal domicile from one jurisdiction to another. Typically, this clause specifies the steps involved in the migration process, such as obtaining necessary approvals, notifying stakeholders, and ensuring compliance with relevant laws in both the originating and destination jurisdictions. Its core practical function is to provide a clear framework for relocating the company, thereby minimizing legal uncertainties and operational disruptions during the transition.
Company Migration. Since 15 March 1988, no election has been made by the Company as the principal company as defined in section 187 of TCGA (postponement of charge on deemed disposal of assets by company ceasing to be resident in the United Kingdom) nor has any company over which the Company had control or which was a member of the same group of companies as the Company ceased to be resident in the United Kingdom otherwise than in compliance with section 130 of the FA 1988.
Company Migration. (1) The Company is not a dual resident company for the purposes of TCGA Section 139(3), Section 160 or Section 188.
(2) There are no circumstances pursuant to which the Company may become liable for tax pursuant to TCGA Section 185 (Deemed Disposal of Assets on Company ceasing to be resident in the UK) Section 186 (Deemed Disposal of Assets on Company ceasing to be liable to UK Tax Section 187 (Postponement of Charge on Deemed Disposal) or the Finance ▇▇▇ ▇▇▇▇ Section 132 (Liability of other persons for unpaid Tax) or TCGA Section 191 (Non payment of tax by non resident companies).
Company Migration. The Company has not at any time made an election as the principal company (within the meaning given by TCGA 1992 Section 187) nor has any company over which the Company had control or which was a member of the same group of companies as the Company ceased to be resident in the UK otherwise than in compliance with Taxes Management Act 1970 Sections 109B to 109F.
Company Migration. Since 15 March 1988, no election has been made by the Company as the principal company as defined in section 187 of the T.C.G.A. (postponement of charge on deemed disposal of assets by company ceasing to be resident in the United Kingdom) nor has any company over which the Company had control or which was a member of the same group of companies as the Company ceased to be resident in the United Kingdom otherwise than in compliance with section 130 of the F.A. 1988.
Company Migration. There are no circumstances extant at the date hereof pursuant to which any member of the Sale Group may become liable to tax pursuant to s.185 (Deemed disposal of assets on company ceasing to be resident in U.K.), s.187 (Postponement of charge on deemed disposal) TCGA 1992 or s.132 (Liability of other persons for unpaid tax) Finance Act 1988 or s.191 TCGA 1992 (Non-payme▇▇ ▇▇ tax by non-resident companies).
Company Migration. (1) The Company is not ▇ ▇▇▇▇ resident company for the purposes of s 139(3) or s 160 or s 188 of the TCGA 1992.
(2) There are no circumstances pursuant to which the Company has or may become liable to tax pursuant to s 185 (Deemed disposal of assets on company ceasing to be resident in UK), s 186 (Deemed disposal of assets on company ceasing to be liable to UK tax), s 187 (Postponement of charge on deemed disposal) of the TCGA 1992 or s 132 (Liability of other persons for unpaid tax) Finance Act 1988 or s 191 of the TCGA 1992 (Non-payment of tax by ▇▇▇-▇▇▇ident companies).
Company Migration. 8.10.1 The Company is not a dual resident company for the purposes of Section 139(3) or Section 160 or Section 188 TCGA 1992.
8.10.2 There are no circumstances pursuant to which the Company may become liable to tax pursuant to Section 185 (Deemed disposal of assets on company ceasing to be resident in U.K.), Section 186 (Deemed disposal of assets on company ceasing to be liable to U.K. tax), Section 187 (Postponement of charge on deemed disposal) TCGA 1992 or Section 132 (Liability of other persons for unpaid tax) Finance ▇▇▇ ▇▇▇▇ or Section 191 TCGA 1992 (Non-payment of tax by non-resident companies).