Company Formation in Cayman Islands

Leading international financial centres
Home to the world’s 50 largest banks

Cayman Islands offshore company formation

Cayman Island Exempted Company
Cayman LLC

– Advanced commercial setting with a wide range of services
– A financial services hub of international reputation
– An overseas British dominion known for its political and economic stability
– No corporate, property, capital gains, or withholding taxes;
– A strong regulatory framework overseen by the Cayman Islands Monetary Authority (CIMA).

Company Registration in Cayman Islands is perfect for:

Financial Services

Aviation Services

Software and IT Services

Investment Funds

Maritime Services

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Four Easy Steps To Register A Company In Cayman Islands

1. Preparation

Ask for a free corporate name search We evaluate the name’s suitability and, if necessary, offer suggestions.

2. Filing

  • Fill in the company name, directors, and shareholder(s) by logging in or registering.
  • Add the shipping address, the business address, and any additional instructions.

3. Payment

Choose your payment method

4. Delivery

  • All relevant documents, including as the Certificate of Incorporation, Business Registration, Memorandum and Articles of Association, etc., will be sent to you electronically. After that, a jurisdiction’s new corporation is prepared to conduct business!
  • You can use the company package of paperwork to open a corporate bank account, or we can assist you using our extensive banking support service knowledge.


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Documents Required to Register a Company in Cayman Islands

  • Since this is the highest amount allowed by law for the minimal government charge, the authorised share capital will be registered as US$50,000.
  • English signatures of each shareholder, beneficial owner, and director on a notarized passport.
  • Each director’s and shareholder’s residential address must be verified by notarized document (must be in English). If not, a certified translation of the original document and a notarized copy).
  • English letter of recommendation from a bank or an experienced lawyer or accountant

FAQs


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How long does it take to form a Cayman Islands exempted company?

After completing The Compliance’s criteria. The Registrar of Companies receives the incorporation papers that are submitted by the exempted company. Within 4-6 working days following filing, the Registrar of Companies will provide a Certificate of Incorporation.

What are the requirements for KYC documents in the Cayman Islands?

Certified copies of the entity’s charter documents and registers (if appropriate) are needed. Individuals must provide identification documentation, address verification, and a letter of recommendation from a reputable source.

  • A lawyer’s certification or a notary public’s notarization can be applied to a passport or utility bill.
  • For address verification, a recent English utility bill from the previous three months or a bank statement will do. If it isn’t in English, you’ll need to get a certified translation.
  • A professional (such as a lawyer, a CPA, or a banker) may provide a reference letter. The referee must have known the person for at least two (2) years.

Does such a company need to have local directors or shareholders?

It is not necessary to have local directors and shareholders for setting up a Cayman Islands exempted company. The entity should have at least one director in the company

Do I have to pay the share capital to set up a company?

The usual authorized share capital is US$ 50000 with par value US$ 1. There is no minimum paid up required to set up the company.

What is the advantage of registering in Cayman as opposed to another jurisdiction, for example BVI/Belize/Seychelles

Regarding the perception of the industry, the Cayman Islands have an advantage.

Local professional firms have a plethora of experience.

The jurisdiction is so developed that you may be sure to find the expertise for the majority of financial company operations.

Will the business’s information be made public?

The Registrar must be informed of the company’s beneficial owner’s details, but it must never be made public. Nobody will be able to access your private information.

Is Cayman Islands a tax free country?

The Cayman Island operate an alternative tax regime. There is no income tax, company or corporation tax, inheritance tax, capital gains or gift tax in the Cayman Islands.

Are there any accounting or auditing requirements for a Cayman Islands company?

In the Cayman Islands, yearly returns must be filed.

Corporations are not required to disclose financial documents with their yearly filings, nevertheless. Corporations are not required to disclose financial documents with their yearly filings, nevertheless.