Cook Islands Foreign Company:

A Foreign Company is a company incorporated in a foreign jurisdiction which has re-registered in the Cook Islands as an International Company under the International Companies Act 1981-2.

Normally, a foreign company wishing to do business from the Islands must re-register there unless it is simply involved in a one-off offshore transaction which will be completed within 31 days. Once re-registered, the Foreign Company is allowed to have a physical place of business on the Islands, and it does not need a business licence under the Development Investment Act 1995-6 in order to operate in the Islands unless it is involved in banking or insurance activity.

updated: 16.07.07