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:
“To place oneself in the position of God is painful: being God is equivalent to being tortured. For being God means that one is in harmony with all that is, including the worst. The existence of the worst evils is unimaginable unless God willed them.”
—Georges Bataille (18971962)