International Equivalent
Most countries require corporations incorporated elsewhere which establish a branch or place of business in their territory to register with the host country government. In the United Kingdom, and many jurisdictions which derive their company law from English law, such companies are known as "overseas companies".
Read more about this topic: Foreign Corporation
Famous quotes containing the word equivalent:
“Nobody can deny but religion is a comfort to the distressed, a cordial to the sick, and sometimes a restraint on the wicked; therefore whoever would argue or laugh it out of the world without giving some equivalent for it ought to be treated as a common enemy.”
—Mary Wortley, Lady Montagu (16891762)