
| Basic Fees to include:- |
|
| TOTAL FIRST YEAR FEES - US$ 2965 |
| Additional Services available |
|
| Additional Information | |
| Type of entity | Exempt |
| Type of law | Common |
| Shelf company availability | Yes |
| Our time to establish a new company | 5 - 7 days |
| Minimum government fees (excluding taxation) | US$575 |
| Corporate Taxation | Nil |
| Double taxation treaty access | No |
| Share Capital or Equivalent | |
| Standard currency | US$ |
| Pernitted currencies | Any |
| Minimum paid up | US$1 |
| Usual authorised | US$50k |
| Directors | |
| Minimum number | One |
| Local required | No |
| Publicly accessible records | No |
| Location of meetings | Anywhere |
| Shareholders | |
| Minimum number | One |
| Publicly accessible records | No |
| Location of meetings | Anywhere |
| Company Secretary | |
| Required | No |
| Local or qualified | No |
| Accounts | |
| Requirement to prepare | Yes |
| Audit requirements | No |
| Requirement to file accounts | No |
| Publicly accessible accounts | No |
| Other | |
| Requirement to file annual return | Yes |
| Change in domicile permitted | Yes |
The Cayman Islands are perhaps the best-known offshore jurisdiction - and with about 70,000 registered offshore corporations, rightly so. All this financial activity has brought high-end tourism and a thriving service industry to the islands, which has contributed to an incredibly high standard of living - not only for the Caribbean, but worldwide.
The Cayman Islands Registrar of Companies is the regulating authority for incorporating offshore businesses, and generally is able to complete the offshore registration process in 24 hours. As long as the company's office is registered in the Caymans and the Memorandum of Association is submitted and there is at least one shareholder listed, the company can be registered. Shelf companies are also available.
Those wishing to set up a Cayman Islands company can do so as an Ordinary Resident Company, Ordinary Non-Resident Company, Exempted Company or an Exempted Limited Duration Company. Only one shareholder and one director is needed, no company secretary is required and the board meetings can take place anywhere in the world. Although there is no corporate taxation in the Caymans, your offshore company will be required to file an annual return.
With Offshore Banking International, a Cayman Islands company registration provides a seamless transition for your business into the world of offshore financial freedom. We work with you, step by step, on creating a customized Cayman Islands offshore company plan that makes sense for your company today as well as for the future.
Additional Cayman Islands company services available from Offshore Banking International include:
A Cayman Islands IBC is extremely flexible and can accommodate practically any current financial circumstance or future goal for your new Cayman Islands offshore formation.
In addition, Cayman Islands banking can open up a world of possibilities for your investments. We work closely with Cayman Islands banks to ensure that you have a financial plan that allows you to protect your valuable assets as well as grow your wealth.
The Cayman Islands Stock Exchange (CSX) has been in operation for over 10 years, and has approximately 1,500 listings and a market capitalization of more than $123 billion. Mostly used for Cayman-based funds and securities, the CSX does not come under the jurisdiction of EU or US stock market regulatory authorities. Instead, it is governed by the Cayman Islands Stock Exchange Authority.
If you're looking to learn more about how a Cayman Islands company formation can help your bottom line or how a Cayman Islands bank account can assist you in your financial goals, please do not hesitate to contact us today. We're happy to give you sound advice and also choose the offshore jurisdiction that is right for you - whether it's the Cayman Islands, or one of our dozens of other offshore locations.