Company Registration
Cayman’s attractive alternative tax regime and its maturity as a financial jurisdiction guarantees that you’ll find the returns, skills and know-how for all of your financial business operations. Some of the benefits include having no direct taxes on income, corporate, inheritance, capital gains or gifts. Plus, the robust reporting structure and cooperation with international legislative bodies ensures that you are up to date with relevant laws.
One of the first steps to setting up an offshore company in Cayman is getting the business incorporated and registered. As the country’s first full-service management company, Cayman Management provides affordable, fast and efficient incorporation and registration services for Cayman Islands companies of any kind. We also provide formation services for companies in many of the other major offshore jurisdictions through our network of service providers. Visit our Company Management page for a description of our ongoing company management services, to see how we can support your business post-incorporation.
Cayman Management Company Formation Services
- Preparation of memorandum and articles of association
- Completing registration documentation
- Liaising with government and regulatory bodies
- Paying all government licensing and registry fees
- Making all necessary statutory filings
- Obtaining nameplate and company seal (where required)
Types of Cayman Companies
Exempted Companies
- The company of choice for many investment vehicles
- Flexibility in choice of name
- No requirement to file shareholder information
- 20 year tax exemption certificates available
- Prohibition on doing business on-island
Ordinary Non-Resident Companies
- Not as flexible in formalities but lower government fees
- Requirement to file shareholder information
- Certificate of non-residence available
- Prohibition on doing business on-island
Ordinary Resident Companies
- Used for the carrying on of local business
- Requirement to file shareholder information
- Local licensing requirements with regard to ownership
Limited Liability Companies (“LLCs”)
- No share capital – members acquire LLC interest
- Management lies with members and/or managers
Overseas Companies Registered as “Foreign” in Cayman
- Existing companies incorporated overseas needing to operate in and from Cayman must be registered as foreign companies
- Provision of local directors is available in acceptable circumstances
Segregated Portfolio Companies (“SPCs”)
- The assets and liabilities of each segregated portfolio (“SP”) are legally separate from the assets and liabilities of the Company and those of the other portfolios
- A creditor of an SP will only be entitled to recover against assets of the specific segregated portfolio to which the contract relates and assets in the core, if any
- Possible uses include insurance companies and fund structures, providing for multiple classes of shares and multiple investment options, property development companies, ship and aircraft owning companies, and as an alternative to operating subsidiaries or divisions of any company
