A method and apparatus for synchronizing a timebase is disclosed. A timebase management circuit includes limit circuitry, in a first clock domain, which generates, based on a global timebase, an initial timebase limit. The timebase management circuit includes, in a second clock domain, adjustment circuitry that generates an adjusted timebase limit based on the initial timebase limit. A storage circuit in the second clock domain stores a local timebase. Update circuitry, coupled to an output of the storage circuit, generates an updated local timebase using a clock signal in the second clock domain, wherein the updated local timebase is subject to the adjusted timebase limit.