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