Your Company in Cayman Island in 2-3 days.* Client confidentiality protection via secured systems. Your company and its application for a bank account, including eBanking and credit card. Opening by correspondence. A dedicated manager available throughout the year.
How it works?
1. Complete our online form (3 minutes)
2. Upload your personal documents
4. Additional services such as bank account are processed.
3. Company gets registered
5. Receive your company documents by courier
Cayman Island Company
Cayman Island companies are not subject to any form of direct taxation in the Cayman Islands. The Exempt Company may additionally benefit from a tax exemption certificate granted for a period up to 20 years as a safeguard against the local system of company taxation.
Main Characteristics
Company type
Limited Company registered under the Exempted status.
Governing corporate legislation
The Cayman Islands Monetary Authority is the governing authority and companies are regulated under The Companies Law (2016 Revision).
Information published relating to company officers
There is no public register of company officers.
Confidentiality
The Cayman Island offers a high level of anonymity and privacy.
Accounting requirement
No auditing / reporting requirements.
However, under section 59 of the Companies Law, a company is required to keep books of account which give a true and correct view of its affairs, including, where applicable, material underlying documentation including contracts and invoices.
Taxation
No local taxation however, companies which are not “tax resident” outside of the Cayman Islands and which conduct a Relevant Activity must meet substance requirements under Cayman’s Economic Substance Law or face important penalties
Legislation
Modern offshore legislation.
Standard currency
US$
Time to form
The Cayman island has a fast and efficient registry: it takes about 2 to 3 working days to register a company.
Stability
Stable jurisdiction with a very good reputation.
Communication
Efficient communication means.
Time zone
Convenient world time zone: GMT-5
Secretary required
No
Paid up capital requirement
No paid-up capital requirement.
Renewal Date
Anniversary date of the company / Each Year
Basis of legal System
Under Common Law.
Minimum directors/shareholders
Minimum of 1 director/shareholder
Bearer shares
Bearer shares are not permitted.
Documents Required
for the Creation of the Company
A certified copy of your passport (specific wording required), as well as a certified copy of a proof of domicile dated less than 3 months. All in original.**
Cayman Island Company, ideal for:
Businessmen
Consultants / Counsellors
Traders
For the custody of real estate
Commerce over the Internet
Expatriates
For inheritance purposes
Holding intellectual property rights
* Subject to the constraints of the due diligence procedure.
** Documents must be provided for every person related to the company.
Disclaimer: Nothing on this webpage shall be construed as a contractual commitment or as a warranty. Services conditions are governed by the applicable terms and conditions.
