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Simplifying the migration of offshore funds to Ireland, January 2010 The Companies (Miscellaneous Provisions) Act 2009 (the “Act”), which became law in Ireland in late December 2009, introduces a straightforward procedure to facilitate the migration of offshore funds to Ireland. Pursuant to the Act, a non-Irish corporate fund is permitted to re-register as an Irish company and continue its existence as a UCITS or non-UCITS, authorised by the Irish Financial Regulator. Re-registration as an Irish company pursuant to this new procedure is by way of continuation and therefore it will not create a new legal entity nor should it prejudice or affect the identity of the corporate entity. Accordingly, the fund’s existing performance track record can be retained while avoiding potential adverse tax consequences and costs that are often encountered when merging an offshore fund with a new onshore fund. This briefing summarises the re-registration process under the Act, as well as some of the Act’s more significant elements.  Click here to view briefing