What is the definition of an overseas company?

Foreign companies refer to companies registered in other countries or regions outside the Cayman Islands, but also have business addresses or businesses in the Cayman Islands. If a company intends to hold land in the Cayman Islands, it must be registered as an overseas company (foreign company) according to Part 1 1 of the Companies Ordinance.

An overseas company must clearly indicate the name of its foreign company and the name of its registered place in all its official documents. In addition, it must clearly display the name of the foreign company and the name of its place of registration at its place of business. If a foreign company is a limited liability company, it must state this in all official documents.