The City of London Law Society (CLLS) and the Law Society of England and Wales have published a joint response to the Department for Business and Trade's consultation on implementing a UK corporate re-domiciliation regime, expressing strong support for its introduction while recommending a number of refinements. The response argues that allowing companies to retain their legal identity when moving their place of registration to the UK would provide a more efficient alternative to existing mechanisms, enhance the UK's attractiveness as a jurisdiction of choice, and recommends that the regime should ultimately permit both inward and outward re-domiciliation. It also comments on the proposed eligibility criteria, Companies House application process, solvency statements, legal continuity following re-domiciliation, creditor protection, accounting and audit requirements, insolvency, security interests, taxation and the interaction of the regime with regulatory and overseas entity requirements.