Meaning of “domicile” in the English Dictionary

business-english dictionary

"domicile" in American English

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domicilenoun [ C ]

us /ˈdɑm·əˌsɑɪl, ˈdoʊ·mə-/ law

the place where a person lives:

Any change of domicile should be reported to the proper authorities.

(Definition of “domicile” from the Cambridge Academic Content Dictionary © Cambridge University Press)

"domicile" in Business English

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domicilenoun [ C or U ]

uk /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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