Cayman Islands

Located in the Western Caribbean Sea, and not far from Cuba and Florida, the Cayman Islands are one of the world largest offshore financial centres. It is a British colony, regrouping the islands of Grand Cayman (by far the largest), Cayman Brac and Little Cayman.

Incorporation requirements
-One (1)director or more
-One (1) shareholder or more
-Director and shareholder can be the same person, and can be a corporation
-Local shareholder & director: not required
-Corporate secretary: not required
-Local registered office: YES
-Annual return: YES
-Audited financial statements: not required

Capital structure
-Minimum paid in and issued capital: one share
-Standard issued capital: USD50,000 (or equivalent in other major currencies)
-Shares can be issued with or without par value
-Shares can be paid up in cash, asset transfer or other considerations
-Bearer shares are allowed but should be held by an authorized custodian approved by the Cayman Islands Monetary Authority
-Issued capital does not need to be actually paid up

Tax structure
Cayman Islands-registered companeis are exempt of taxes of any kind on their worldwide income, profit, dividends, investments, capital gains etc.

Confidentiality & Privacy
Names of a Cayman Islands company owners are not shown on the incorporation documents, and as such are not accessible from the public record. Nominee services are available to ensure additional privacy.

Our service
The registration of a Cayman Islands company takes around thirty (30) days. The total cost is USD2,500. Additional charges (stamp duty fee) apply if issued capital exceeds USD50,000. The registration package includes:
-Cayman Islands name search
-Documents preparation and submission (Articles of Association, Memorandum, company minutes etc.)
-Payment of first year government fees
-Filling the application at the Cayman Islands company registry
-First year registered office fees
-Our service charge

You will need to fill a form, provide a copy of your passport and a letter of appointment of first director (model provided)

Upon registration completion, you will be receiving:
-A certificate of incorporation
-The Memorandum and Articles of Association
-The minutes of the first meeting of the board of directors
-The register of shareholders, directors and secretary (if any)
-The share certificates
-The corporate seal

Renewal & maintenance
The annual cost from the second year is USD2,250 for the standard authorized capital. For issued capital over USD50,000, stamp duty fees and additional charges will apply.