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5 Reasons for Setting Up a Company in Cayman Islands

Updated on Monday 05th November 2018

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5 Reasons for Setting-Up-a-Company-in-Cayman-Islands.jpgThe Cayman Islands are a British Overseas Territory that is considered a tax haven because of the low taxes imposed on resident companies. While this is undeniably an important reason to open a company here, others also add to the list of reasons for setting up a company in the Cayman Islands.
 
Cayman Islands incorporation is a straightforward process and investors can find the needed aid and assistance as part of the company incorporation package offered by our agents in the Islands.
 

Main reasons to incorporate in the Cayman Islands

 
Below, we present the five most important reasons for setting up a company in the Cayman Islands
 
  1. Tax benefits: the tax burden of a company is significantly reduced in an offshore center like the Cayman Islands.
  2. Asset protection: a Cayman Islands company can be used as a vehicle for asset protection and management as well as for IP rights holding.
  3. Easy incorporation: the Cayman Islands company formation process is a simple one, with only one director needed to form the company.
  4. Few requirements: in addition to an easy setup, the general corporate management, accounting and reporting requirements are low for locally registered companies.
 

Cayman Islands company formation with the help of our experts

 
The Cayman Islands exempted company is a commonly used business form in this jurisdiction. A previously stated, only one director and on shareholder (who can be the same person) can open this company. Their privacy is respected because there is no public access to their names and the corporate documents do not need to be made public– another important reason to incorporate in the Cayman Islands.
 
Cayman Islands incorporation is a process that requires only a few key steps, such as selecting an original business name and assigning a registered agent as well as having a registered office in the Islands.
 
Investors interested in Cayman Islands company formation can contact us for more detailed information about the advantages for foreign investors.
 

Meet us in George Town


Call us now at +44 203 287 0408  to set up an appointment with our lawyers in George Town. Alternatively you can incorporate your company without traveling to Cayman Islands.

As a BridgeWest client, you will benefit from the joint expertize of local lawyers and international consultants. Together we will be able to offer you the specialized help you require for your business start-up in Cayman Islands.

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