Company Formation Incorporation of Cayman Islands Company
The Cayman Islands, located in the Caribbean Sea, is a British Overseas Territory known as a popular jurisdiction for establishing offshore companies due to its tax neutrality, flexible corporate structures, and robust legal framework. The Cayman Islands is a major offshore financial center. The local government actively promotes the development of the offshore financial services industry, and the islands are home to numerous licensed banks, trust companies, and leading accounting and law firms. Notably, the Hong Kong Stock Exchange accepts companies registered in the Cayman Islands for listing.
Advantages of Cayman Islands Companies
No Tax Reporting or Payment Requirements: Cayman Islands companies are not subject to any form of taxation, including corporate income tax, capital gains tax, dividend tax, or withholding tax.
Confidentiality of Shareholders and Directors: information about the shareholders and directors of Cayman Islands companies is not publicly disclosed, ensuring investor privacy.
Strong International Reputation: The Cayman Islands is a leading offshore financial center with a solid global reputation, enhancing the credibility of Cayman Islands companies in international markets.
Robust Legal Framework: Based on British common law, the Cayman Islands' legal system is stable and reliable, providing a secure business environment.
No Foreign Exchange Controls: Funds can flow freely in and out of the Cayman Islands, facilitating international trade and capital operations.
Financial Flexibility: Under Cayman Islands company law, companies can make distributions from profits or share premium accounts.
Eligibility for Hong Kong Stock Exchange Listing: Companies incorporated in the Cayman Islands can apply for a primary or secondary listing on the Hong Kong Stock Exchange.
Chinese Company Name Option: Cayman Islands companies can adopt Chinese names, which can be included on the certificate of incorporation.
No Requirement for Audited Accounts: Companies established under the Cayman Islands Companies Act are only required to maintain proper accounting records and are not obligated to file audited accounts.
Requirements
- Company Name Requirements: English name (Chinese name can be freely selected for additional registration fee)
- 1 director
- 1 shareholder (any nationality; directors and shareholders can be same person)
- Standard Registered Capital USD 50,000
- An additional registration fee increase with the number of registered shares.
Company name restrictions
The Company name should not be included BANK、TRUST、MUTUAL FUND INSURANCE、 Royal、Imperial、Empire、Insurance、 Building Society、OR REINSURANCE。
Enquiry and Quotation
