The Cayman Islands are a British Overseas Territory which comprises three islands in the Caribbean Sea. The financial services sector is one of the main industries in the Cayman Islands, and there is a substantial commitment to the continued development of the offshore financial services industry.
The reputation and popularity of the Cayman Islands have increased significantly, particularly in Asia, as it is one of only two offshore centres approved by the Hong Kong Stock Exchange for public listing in the Hong Kong bourse. The Cayman Islands established its own Stock Exchange in 1997.
Cayman Islands Offshore Company cannot trade within the Cayman Islands. Banking, insurance, assurance, reinsurance, fund management, collective investment schemes, trust management, trusteeship business provision are not permitted.
Words such as “Assurance”, “Bank”, “Building Society”, “Royal”, “Trust Company”, “Trustee Company” etc. will require justification.
Name of a Cayman Islands Offshore Company
The words “Limited”, “Corporation”, “Incorporated”, “Societe Anonyme”, “Sociedad Anonima” or Ltd, Corp., Inc., S.A. must be part of the name of every Cayman Islands offshore company.
- Company formation
- Hong Kong Correspondence address
- Name check and approval
- Filling the incorporation documents with the Registrar of Companies
- Government fees
- Provision of registered agent and registered address for one year
- Provision of company secretary for one year
- Rubber stamp
Bank Account Opening
Characteristic Of Cayman Company
|Type of entity||Cayman exempted company|
|Shelf company availability||Yes|
|Registered address||Registered office address of trust company|
|Authorized capital / Minimum paid up||US $1|
|Types of shares allowed||Registered shares of no par value, preference shares, redeemable shares and shares with or without voting rights.
|Authorized shares||US $50,000|
|Public accessible records ?||No|
|Minimum number of Director||1|
|Local director requirement||No|
|Location of meeting||Anywhere|
|Corporate shareholder allowed?||Yes|
|Minimum number of shareholder||1|
|Liability of shareholders||Limited|
|Nominee shareholder allowed?||Yes|
|Annual return filing requirement||Yes|
|Tax filing requirement||No|
|Accounting records requirement||Yes|
Get in Touch Now
Send us your details and our advisor will contact you shortly