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English definition of “domicile”

domicile

noun [C or U]
 
 
/ˈdɒmɪsaɪl/ US   /ˈdɑːmə-/ formal LAW
the country in which a person or company lives or does business and has their legal address: For tax purposes, the income-tax rate in the person's country of domicile should be used.move/change/switch (sb's/sth's) domicile Companies may choose to move their domicile to tax havens such as Bermuda.
(Definition of domicile from the Cambridge Business English Dictionary © Cambridge University Press)
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