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United Kingdom
Key definition
Overseas company definition

What does Overseas company mean? In practice, an “overseas company” is a non-UK incorporated body that carries on business in the UK. In UK legislation, the Companies Act 2006, s 1044, defines an overseas company as any company incorporated outside the UK. Not every overseas company trading or doing business in the UK must register; it must assess the Companies Act 2006 and the Overseas Companies Regulations 2009 (SI 2009/1801) to determine if it has a UK establishment. An overseas company must register prescribed particulars at companies house if it opens a “UK establishment”. A UK establishment is either a branch within...

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Instructing and managing local counsel in cross-border financing: roles, scope, fees, conditions precedent, documents, opinions and completion for lenders and creditors, borrowers and obligors

Practice notes
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Because many banking transactions cross borders, it is routine for the principal legal advisers to lenders/creditors and borrowers/obligors to engage local lawyers for guidance on local law. This Practice Note offers practical guidance on instructing and supervising local counsel and covers:

  • the role of local counsel
  • instructing local counsel as principal legal advisers for lenders/creditors or borrowers/obligors
  • the role of the principal legal advisers in managing local counsel

Role of local counsel

When to appoint local counsel

As a rule, local counsel should be appointed whenever:

  • the client requires local-law advice
  • documents must be prepared and/or executed under a law other than that of England and Wales
  • any English law-governed document is to be entered into by a foreign company

Instructing a local firm may not be needed if the principal firm has lawyers in that office who are qualified to advise on the relevant local law...

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Web page updated on 21/05/2026

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Date [ date ] Parties [ name of Landlord ] [ of OR incorporated in England and Wales (company registration number [ number ]) with its registered office at ] [ address ] (Landlord) [ name of Tenant ] [ of OR incorporated in England and Wales (company registration number [ number ]) with its registered office at ] [ address ] (Tenant) [ [ name of Guarantor ] [ of OR incorporated in England and Wales (company registration number [ number ]) with its registered office at ] [ address ] (Guarantor) ] [ [ name of Mortgagee ] [ of OR incorporated in England and Wales (company registration number [ number ]) with its registered office at ] [ address ] (Mortgagee) ] Definitions Within this Deed, the terms below shall be interpreted as follows: [ Annual Rent • the annual sum reserved under the Lease; ] [ Insurance Rent • the Tenant’s share of the Landlord’s costs of insuring the Property (as set out in the Lease); ] Lease • the lease of the Property dated [ date ], entered into between (1) [ the Landlord OR [ name ...

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I, [ name ], of [ address ], solemnly and sincerely state that: [ Matters to be verified, set out in numbered paragraphs ] I make this solemn statement in good conscience, believing it to be true, and pursuant to the provisions of the Statutory Declarations Act 1835. DECLARED at [ details ] this [ day ] day of [ month and year ] Before me ................................................................................ [ signature of the person before whom the declaration is made ] A [ commissioner for oaths OR [ solicitor OR [ insert other qualification ] ] authorised to administer oaths ]...

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