Principal Establishment

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January 1, 1 6 min read Definitions

Legal Residence Domicile Permanent Home Taxation Voting Rights Legal Obligations Principal Establishment

Legal residence, also known as domicile, refers to the place where an individual has their permanent home or principal establishment and to where, whenever they are absent, they intend to return. It plays a crucial role in determining tax responsibilities, voting rights, and other legal and financial obligations.