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domicile
/ˈdɒmɪsaɪl/
/ˈdɑːmə-/ noun [C or U] formal LAWDefinition
› 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 noun from the Cambridge Business English Dictionary
© Cambridge University Press)
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