Cayman Islands Offshore Incorporation

Set Up a Company in the Cayman Islands

 

The Cayman Islands provide a highly regulated, internationally acknowledged, tax-neutral offshore business environment  which is dynamic and responsive. It has more than 90,000 active companies being registered in this jurisdiction.Incorporating in the Cayman Islands has become  highly attractive due to the countries well developed and stable economy.

Company Setup Requirements for Cayman Islands

  • Minimum 1 Shareholder
  • Minimum 1 Resident Director
  • Minimum Share Capital up US$1
  • Registered Office & Register Agent Required
  • For a Cayman Company the Shareholder, Director and Corporate Secretary can be the same individual and or corporate entity.

Features of a Cayman Islands Offshore Company

  • No minimum capital required
  • No capital gains tax
  • No withholding tax
  • Minimal annual returns reporting
  • Audit not required
  • Income is exempted from local taxation
  • Recognized as one of the 10 international finance centers

Law

Cayman Islands company law is primarily codified in the Companies Law (2018 Revision) and the Limited Liability Companies Law, 2016. The Cayman Islands is a leading Offshore financial centre (also known as a tax haven), and financial services forms a significant part of the economy of the Cayman Islands.

 

Steps to Register a BVI Offshore Company

Steps
1 Prepare due diligence documents and forms for incorporation and selection on type of Company
2 Reserve company name at the Company Registry
3 Submit signed incorporation and constitutive documents
4 Receive registration approval from the Cayman Island General Registry
5 Open the Corporate Bank Account
6 Company Formed !

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