Section 201(1) of the Cayman Companies Law allows “[a] body corporate incorporated, registered or existing with limited liability and a share capital under the laws of any jurisdiction outside the Islands (which body corporate is in this Part referred to as a “registrant”) ]to] apply to the Registrar to be registered by way of continuation as an exempted company limited by shares.” section 202 of the Cayman Companies Law discusses the specifics of registration. http://www.cimoney.com.ky/WorkArea/DownloadAsset.aspx?id=2147483684
