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Cayman Islands Company. Cayman Islands Company Formation.

KGN Services specializes in Cayman Islands Company Registration and opening bank accounts.

The Cayman Islands is a self-governing British Overseas Territory in the western Caribbean Sea.

Cayman Islands Company – Overview

Advantages of Cayman Islands Company

Cayman Islands Company Formation. Legislation

Principal Corporate Legislation

The Companies Laws 2007 as amended.

Type of Law

Common.

Language of Legislation and Corporate Documents

English.

Type of Entity for International Trade, Investment & Tax Planning

Cayman Islands Exempted Company.

Cayman Islands Company

Share Capital

Standard authorised share capital is US$50,000. Minimum paid up share capital is US$1.

Classes of Share Available

Registered shares of no par value, preference shares, redeemable shares and shares with or without voting rights.

Bearer Shares

Not permitted.

Restrictions on Trading

Cayman Islands Offshore Company cannot trade within the Cayman Islands. Banking, insurance, assurance, reinsurance, fund management, collective investment schemes, trust management, trusteeship business provision are not permitted.

Registered Agent Required

Each Cayman Islands Company must have a Registered Agent in the Cayman Islands.

Registered Office Required

Each Cayman Islands Company must have a Registered Office in the Cayman Islands, provided by a licenced service provider.

Directors

A Cayman Islands Company requires a minimum of one director. Director can be of any nationality and need not be resident in the Cayman Islands. Corporate directors are permitted.

Shareholders

To register a company in the Cayman Islands, you need a minimum of one shareholder.

Publicly Accessible Records

No.

Nominee Shareholders and Nominee Directors

Allowed.

Location of Meetings of Directors and Shareholders

Anywhere.

Personal Presence Required

No.

Taxation

Nil.

Double Taxation Treaty Access

None.

Requirements to File Accounts

None.

Requirement to File Annual Return

None.

Audit Requirements

None.

Exchange Control

None.

Time required for Cayman Islands Company Registration

Two days.

Cayman Islands Company Formation – Name of a Company

Language of Name

English.

Restricted Words

Words such as “Assurance”, “Bank”, “Building Society”, “Royal”, “Trust Company”, “Trustee Company” etc. will require justification.

Name of a Company

The words “Limited”, “Corporation”, “Incorporated”, “Societe Anonyme”, “Sociedad Anonima” or Ltd, Corp., Inc., S.A. must be part of the name of every Cayman Islands offshore company.

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Cayman Islands Company Formation Prices

Cayman Islands Company Formation Package Includes:

Starting at: $4990

How do I register a company in the Cayman Islands?

A Cayman Exempted Company is formed by filing a registration statement and paying a fee to the Registrar in the Cayman Islands. To register a company in the Cayman Islands, you need a minimum of one shareholder. This can be a person or another company. At least one director is required for incorporation in the Cayman Islands. Director can be of any nationality and need not be resident in the Cayman Islands. Corporate directors are permitted.

Why Choose KGN Services?

We’ve been helping business owners since 1996

Incorporating your business is our focus

We make a complex process fast and easy

We work closely with Companies Registries to guarantee our service

Fastest offshore companies & accounts – Most competitive pricing worldwide

Services related Cayman Islands Company Registration

KGN Services provides the following services related Cayman Islands Company Formation:

Do you want to register a company in the Cayman Islands?

Cayman Islands – General Information

Location: Caribbean, three-island group (Grand Cayman, Cayman Brac, Little Cayman) in Caribbean Sea, 240 km south of Cuba and 268 km northwest of Jamaica.

Area: total: 264 sq km, land: 264 sq km, water: 0 sq km. … 

Natural resources: Fish, climate and beaches that foster tourism
Population: 58,441, most of the population lives on Grand Cayman (July 2017 est.).

Capital: George Town (on Grand Cayman).

Time Zone: UTC−5.

Languages: English (official) 90.9%, Spanish 4%, Filipino 3.3%, other 1.7%, unspecified 0.1% (2010 est.).

Government type: Parliamentary democracy (Legislative Assembly); self-governing overseas territory of the UK.

Legal system: English common law and local statutes.
 
International organization participation: Caricom (associate), CDB, Interpol (subbureau), IOC, UNESCO (associate), UPU.
Economy: With no direct taxation, the islands are a thriving offshore financial center. More than 65,000 companies were registered in the Cayman Islands as of 2017, including more than 280 banks, 700 insurers, and 10,500 mutual funds. A stock exchange was opened in 1997. Nearly 90% of the islands’ food and consumer goods must be imported. The Caymanians enjoy a standard of living comparable to that of Switzerland. Tourism is also a mainstay, accounting for about 70% of GDP and 75% of foreign currency earnings. The tourist industry is aimed at the luxury market and caters mainly to visitors from North America.

Currency: Caymanian dollar (KYD).

KGN Services | Cayman Islands Company | Cayman Islands Company Formation | Register a company in the Cayman Islands

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Requirement to File Annual Return

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