Many redomestications follow the same formation process as new captives, with an application, business plan, and other required filings. However, you should first contact our Applications Administrator, Joe McDonald, if you are thinking of redomesticating. Captives redomesticating to SC are treated on a case-by-case basis and the typical process may not be required under certain scenarios.
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Within 3 years of licensure and and then as needed for all captives other than Risk Retention Groups. Risk Retention Groups will be examined once every 5 years.