General information

The Cayman Islands consist of a group of three Islands, situated approximately 500 miles South of Miami, Florida in the Caribbean Sea.

The Cayman Islands are a British Colony with the United Kingdom passing legislation. The islands are a flourishing financial offshore centre and have a strong economy enjoying full employment.

Principal Corporate Legislation:

Companies cannot trade or own real estate in the Cayman Islands. Trading cannot be associated with banking, insurance or mutual funds, unless licensed.

Restriction: Cannot be in conflict with pre-existing company.  Any name that in the opinion of the Registrar is undesirable or suggest an illegal activity or any name that may imply government patronage.
Language: Any languages using Latin alphabet. Chinese or Arabic is acceptable with translation.
Suffixes: Limited, Corporation, Incorporated or their abbreviations

Language of legislation and corporate documents:

$832 for share capital under $ 50,000
$1,098 for share capital over $50,000 up to $1m
$2,298 for share capital over $1m up to $2m
$3,010 for share capital over $2m

Double Tax Treaty Network:

The Cayman Islands is not party to any Double Taxation Agreements.

Registered Agent / Office:

A registered office must be maintained within the Cayman Islands and there must be a Cayman resident appointed as an agent.

Minimum number: One
Publicly accessible records: No
Register of Shareholder:  Must be kept at the Registered Office

Disclosure of Beneficial Owner:

There is no requirement to file accounts but an annual return in the form of a simple declaration must be submitted.