Cayman Islands Offshore Company Formation
Easy Steps to Register Your Company
Duly Fill Company Registration Application
Upload the Essential Documents
Register the Company
Additional Services such as Bank account
Company Dispatch Kit
Offshore Banking Partners
Our Banking Partners
Cayman Islands Offshore Company Formation Advantages
Nil or Low Corporate Tax
Business confidentiality
Minimum Reporting
Instant Company Incorporation
Tax Exemption for 20 Years
Characteristics of Cayman Islands Offshore Company
|
Company Type |
Limited Company registered under Exempted Status |
|---|---|
|
Taxation |
No tax |
|
Company name Suffix |
Limited, Corporation, Incorporated, Societe Anonyme, Sociedad Anonima |
|
Restricted Words |
Assurance, Bank, Royal, Trust Company, Trustee Company |
|
Legislation |
Modern Offshore Legislation |
|
Governing Authority |
Cayman Islands Monetary Authority Companies registered under the Companies Law |
|
Standard Currency |
US$ |
|
Bearer Shares |
Allowed |
|
Minimum number of Directors |
One |
|
Minimum number of Shareholders |
One |
|
Presence of Company Secretary |
Not mandatory |
|
Transfer tax |
No |
|
Authorized Capital |
No minimum capital |
|
Accounting and Audit Requirements |
Yes |
|
Availability of Shelf Companies |
Yes |
|
Personal Presence is Required |
No |
|
Location of the meeting |
Anywhere in the world |
|
Nominee Directors and Shareholders |
Allowed |
Documents Required to Set up Offshore Company in Cayman Islands**
- Certified passport copy
- Certified proof of address (issued within 3 months from today)
Cayman Islands Offshore Company Formation is Ideal for
Investment Funds
Financial Services
Science and Tech Firms
Maritime Services
Aviation Services
Consultants
Traders
E-Commerce
FAQs
1.What is the minimum share capital for an offshore company in the Cayman Islands?
The minimum share capital required to incorporate an offshore company in the Cayman Islands is US$1.
2.What are the restricted business activities for an offshore company in the Cayman Islands?
The list of restricted business activities for a Cayman Islands offshore company includes:
● Banking
● Insurance
● Assurance
● Fund management
● Trust management
● Trusteeship business provision
3.What are the different types of Shares available in the Cayman Islands?
The different types of shares available in the Cayman Islands include:
● Registered shares of no-par value
● Preference Shares
● Redeemable Shares
● Shares with voting rights
● Shares without voting rights
4.What are the different types of business entities in the Cayman Islands?
The different types of business entities in the Cayman Islands include:
● Exempted company
● Exempted Limited Duration Company (ELDC)
● Exempted Limited Partnership (ELP)
● Ordinary Non-Resident Company
● Segregated Portfolio Company (SPC)
5.Can the company director and shareholder be the same person while setting up an offshore company in the Cayman Islands?
Yes, Cayman Island provides the flexibility to an individual/ corporate body to act as a director and a shareholder.
*Duration is subject to the constraints of the due diligence procedure.
**The required documents must be provided for every individual related to the company.
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