Registration of companies in the Cayman Islands
from 1575 c.u.
The Cayman Islands is an overseas territory of Great Britain located in the Caribbean Sea. The head of state is the British queen and it is governed by the governor.
Today the Cayman Islands are considered a thriving offshore zone and a strong financial center. More than 600 banks operate here.
Registering a company in the Cayman Islands will allow you to take your business to the next level and enjoy all the benefits of a tax haven.
Our lawyers will guide you in all the intricacies of the legislation of this jurisdiction. Contact us and get your offshore company in no time.
MAIN REASONS FOR CHOOSING THIS JURISDICTION
- developed infrastructure
- favorable political environment
- high level of security
- ideal conditions for the tourism industry
- no taxes for certain types of companies
WHAT TYPE OF COMPANY IS THE MOST POPULAR?
The most popular and common is the Exempted Company.
RESTRICTIONS FOR COMPANIES
- it cannot have real estate in the territory of the jurisdiction
- it cannot do business with residents of the jurisdiction
- it cannot involve residents of the jurisdiction in the operation of an offshore company
HOW LONG DOES THE REGISTRATION OF A COMPANY TAKES?
The registration process usually takes 2 business days.
BASIC REQUIREMENTS FOR A COMPANY
- The name shall be unique.
- The address shall be in the jurisdiction.
- Shared capital – from 50,000 CI.
- Residence and citizenship of the shareholder does not matter.
- There are no requirements for the storage of documents.
- The meeting of shareholders may be held anywhere in the world.
- Confidentiality of information is guaranteed by law.
- Any bank can be chosen.
TAXATION AND ACCOUNTING
Exempted Companies are exempt from income tax. Accounting is not required, as is the filing of an annual report.
You can register or buy an already operating company in the Cayman Islands today. Just contact us to clarify all the conditions.