Domicile refers to the legal jurisdiction in which an entity — a company, fund, or special purpose vehicle — is formally incorporated or registered. A company may be domiciled in Singapore while generating the majority of its revenue in Indonesia; similarly, a fund may be domiciled in the Cayman Islands while investing exclusively in Australian businesses.
Domicile affects the legal framework governing the entity, its tax obligations, regulatory requirements, and the rights of investors. In private markets, fund domicile is a significant structuring consideration — Singapore, the Cayman Islands, Luxembourg, and Mauritius are commonly chosen for their favourable tax treaty networks, regulatory clarity, and investor familiarity. On Alternatives.pe, Domicile is distinct from HQ (where a company physically operates) and Country of Incorporation.