Cayman Islands Company Formation

CAYMAN ISLANDS COMPANY FORMATION

cayman islands company formation

Register your company in the Cayman Islands within 4-5 days (after validation of your identification documents). Benefit from client confidentiality protection through secure systems. Your company setup includes assistance with bank account applications, eBanking, and credit card services, all managed remotely. A dedicated manager is available year-round to administer your company.

Limited Company registered under the Exempted status.

Cayman Island companies are exempt from direct taxation in the Cayman Islands. Additionally, Exempt Companies can secure a tax exemption certificate for up to 20 years, providing protection against future changes to local company taxation laws.

Cayman Islands Offshore Company is ideal for:

Businessmen
Consultants / Counselors
Real estate custody
E-commerce
Expatriates
Inheritance planning
Holding intellectual property rights

REQUIRED DOCUMENTS FOR CAYMAN ISLANDS INCORPORATION

Passport of each shareholder/beneficial owner and director.
Proof of residential address for either the director or the shareholder (Must be in English or Chinese. Or certified translation version).
-**We can appoint a local nominee Director in case you do not want to disclose your name on public, but you will have control over all your structures upon our internal Board resolutions. (250US$ per year)
Business Plan (Optional)
The proposed 2 company names with ending suffix “LLC”

INCORPORATION FEES & TIMEFRAME

- Timeframe: within 5 business days (including a business bank account of your choice)
- 100% successful rate
- Fast, easy & highest confidential via secured systems
- Dedicated support officer (24/7)
ONE-OFF PRICE: US$ 700
Renewal fee: 250US$ per year
(including yearly financial account & maintenance of company).

Package includes a Business Bank Account:
Choices of the following banks:
Citibank, Santander Bank, OCBC Bank, Chase, Royal Bank of Scotland, Bank of America, UBS Bank, Credit Suisse

Package includes an internet banking access:
(Citibank, Santander Bank, OCBC Bank, Chase, Royal Bank of Scotland, Bank of America, UBS Bank, Credit Suisse)

Price: US$ 600 (one-off fee)

MAIN CHARACTERISTICS OF A CAYMAN ISLANDS STRUCTURE

Exempted (Limited by Shares)

General Information
Type of Business Entity	Exempt Private Limited
Corporate Income Tax	Nil
British Based Legal System	Yes
Double Tax Treaty Access	No
Incorporation Time Frame (Approx., days)	6

Corporate Requirements
Minimum Number of Shareholders	1
Minimum Number of Directors	1
Corporate Directors Permitted	Yes
Standard Authorized Capital/Shares	50,000 USD/ 50,000 shares

Local Requirements
Registered Office/ Registered Agent	Yes
Company Secretary	Yes
Local Meetings	No
Local Directors / Shareholders	No
Publicly Accessible Records	No

Annual Requirements
Annual Return	No
Audited Accounts	Yes

Incorporation Fees
Our Service Fee	US$ 700

Annual Renewal Fees
Our Service Fee	US$ 400

Limited Liability Company (LLC)

General Information
Type of Business Entity	LLC
Corporate Income Tax	Nil
British Based Legal System	Yes
Double Tax Treaty Access	No
Incorporation Time Frame (Approx., days)	6

Corporate Requirements
Minimum Number of Shareholders	1
Minimum Number of Directors	1
Corporate Directors Permitted	No
Standard Authorized Capital/Shares	Detail in LLC Operating Agreement

Local Requirements
Registered Office/ Registered Agent	Yes
Company Secretary	Yes
Local Meetings	No
Local Directors / Shareholders	No
Publicly Accessible Records	No

Annual Requirements
Annual Return	No
Audited Accounts	Yes

Incorporation Fees
Our Service Fee	US$ 700

Annual Renewal Fees
Our Service Fee	US$ 400

SCOPE OF SERVICES

Exempted (Limited by Shares)

1. Company Formation Service Fee

Services and Documents Provided	Status
Company names search	✓
Document preparation	✓
Registrar of shareholders, directors and members	✓
Memorandum & Articles of Association	✓
Share certificates book of certificates	✓
Authorised signature chop (optional)	✓
Common seal (optional)	✓
Certificate of incorporation	✓
Registered agent	✓
Registered office	✓

2. Government Fee

Certificate of Incorporation	Status
Submission of all documents to the Financial Services Commission (FSC) and attending to any clarifications on the structure and applications required.	✓
Submission of application to the Registrar of Companies	✓

Key Characteristics of a Cayman Islands Offshore Company:

Company Type: Limited Company with Exempted status.
Governing Corporate Legislation: Regulated by the Cayman Islands Monetary Authority under The Companies Law (2016 Revision).
Disclosure of Company Officers: No public register of company officers.
Accounting Requirements: No auditing or reporting requirements, but companies must maintain accurate books of account, including relevant documentation like contracts and invoices, as per section 59 of The Companies Law.
Taxation: No local taxes. However, companies not “tax resident” outside the Cayman Islands and conducting Relevant Activities must comply with substance requirements under Cayman’s Economic Substance Law to avoid penalties.
Legislation: Modern offshore legislation.
Standard Currency: US Dollar (US$).
Time to Form: Fast and efficient registration process, typically 2 to 3 working days upon validation of identification documents.
Stability: Stable jurisdiction with a strong reputation.
Communication: Efficient communication systems.
Time Zone: GMT-5, a convenient global time zone.
Secretary Requirement: Not required.
Paid-Up Capital Requirement: No minimum paid-up capital requirement. Standard share capital is USD 50,000, adjustable to fit specific needs.
Renewal Date: Annually on the company’s anniversary date.
Legal System Basis: Based on Common Law.
Minimum Directors/Shareholders: At least 1 director/shareholder.
Bearer Shares: Bearer shares are not permitted.