Transfer By Way Of Continuation Out Of The Cayman Islands &#

Transfer By Way Of Continuation Out Of The Cayman Islands – Exempted Companies - Corporate/Commercial Law


Introduction
An exempted company (a
Company) incorporated in
the Cayman Islands may apply to be deregistered by way of
continuation pursuant to section 206 of the Companies Act (the
Act). A Company is capable of being deregistered
pursuant to the Act if:
it has limited liability and a share capital;
it is to be registered by way of continuation to a jurisdiction
which permits or does not prohibit such a transfer;
its memorandum and articles of association permit such a
transfer; and
the Registrar of Companies (the
Registrar) is
not aware of any reason of public interest why it should not be

Related Keywords

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