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Main Rules for Cayman Islands Company Formation

Updated on Saturday 15th September 2018

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Main-Rules-for-Cayman-Islands-Company-Formation.jpgThe Cayman Islands are a jurisdiction with multiple advantages for entrepreneurs, among which the lack of direct taxes for companies, a good legal regime, and low reporting requirements. The Cayman Islands exempted company is among the top business entity choices, however, its registration will demand a certain level of compliance on the part of the investors.
 
Our agents present the main rules for Cayman Islands company formation and can assist investors who wish to open a company here.
 

The main requirements for Cayman Islands company formation

 
The following list includes the steps or rather the requirements that are mandatory when opening a Cayman Islands offshore company:
 
  • - identity verification: it is common for the Cayman Islands authorities to request a certain amount of information on the company’s proposed shareholders and directors; this is done for anti-money-laundering purposes.
  • - unique company name: the new company in the Cayman Islands will need to propose a unique name that will not infringe any other existing ones.
  • - registered office: having a company registered office in the Cayman Islands is a mandatory requirement for all those who open a company here.
  • - registered agent: the law deems it necessary for the company to have an approved local representative in the Cayman Islands; our agents can give you complete details about this mandatory appointment.
 
As seen above, the Cayman Islands company formation process is a straightforward one, with only a few mandatory requirements. However, entrepreneurs who cannot be present during the registration can appoint one of our agents to handle the main processes needed to open a company.
 

Complete assistance for company formation

 
Our Cayman Islands incorporation agents can help you with dedicated services for company formation that will include a company name search, drafting the Articles of Association as well as services related to establishing a registered office and registered agent services. Our team can also offer a virtual office package.
 
Contact our Cayman Islands company formation experts for complete services related to offshore company creation.
 
 
 

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