to reincorporate
- verb
- /ˌriːɪnˈkɔːrpəreɪt/
- Specialized
- More U.S. firms are reincorporating abroad to save taxes, including the Eaton Corporation of Cleveland, which recently announced that they are moving to Dublin.
- company reincorporates
- reincorporate in the U.S.
Examples
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The shareholders voted to reincorporate the business to take advantage of better tax regulations.
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Although U.S. corporations have been reincorporating in Bermuda and other low-tax jurisdictions for some time, these transactions have only now been brought to the attention of the general public.
Academic text (2002) -
They wanna reincorporate the company.
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So they reincorporated in the Netherlands.
Blog text (15) -
If the issuer reincorporates abroad, it might escape the U.S. disclosure regime, but the requirements for doing so are strict.
Academic text (1998) -
Mapula has, however, seen particular development and growth since 1994, when it was reincorporated into South Africa and became part of the newly constituted North West Province.
Academic text (2005) -
Under this transaction, a U.S. company reincorporates as a foreign corporation (Bermuda is often selected because of its favorable tax laws), with its U.S. operations held in a subsidiary.
Academic text (2002) -
After the merger, the company plans to reincorporate in a more favorable state for its operations.
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Many firms choose to reincorporate in countries with lower corporate tax rates to increase profitability.
Synonyms
To make an organization work like a company, focusing on profit and efficiency
To put something back into a larger group or system
Antonyms
How Integrated
Surface Forms
Morphology
reincorporate = incorporate (transparent) = re + incorporate
The prefix 're-' keeps its regular meaning 'again', whether the sense is legal registration again or integration again.
Etymology
Reincorporate comes from re- 'again' plus incorporate 'make into a body', as in corporation. So to reincorporate a business is to register it 'again' as a corporation, or more generally to bring something back into a whole.