Articles - Page 5 of 6 - Cayman Company formation

Legal Services in Cayman Islands

Having a team of lawyers to support your business is important and many foreign investors who are interested in setting up a Cayman Islands company find that, along with incorporation services, they are also in need of ongoing legal advice and support. Our team provides quality law services in the…

Register a Vessel under Cayman Flag

A vessel’s maritime flag indicates the country in which that ship is registered. The nautical frag etiquette has a longstanding history and the national ensign is important for ships that engage in touristic or commercial activities. The Cayman Islands is, for the purpose of vessel registration, part of the Red…

5 Reasons for Setting Up a Company in Cayman Islands

The 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…

Best Country to Register a Yacht

Purchasing a yacht is a form of investment that can be subject to additional expenses once the vessel starts sailing and the owner needs to pay registration fees and taxes. Investors can create an offshore strategy for their investments in vessels just as much as they plan for offshore company…

Cayman Islands Non-Resident Company

Foreign investors who wish to set up a business commonly use the Cayman Islands non-resident company. This is a type of legal entity that is an alternative to the exempted company and can engage in offshore business transactions as it is not allowed to do business in the Islands. This…

Minimum Share Capital for a Company in Cayman Island

There is no requirement for minimum share capital for opening a company in the Cayman Islands, however, investors do need to observe the conditions for the share capital of the company, as it is inscribed in the company’s constitutive documents. Because of its characteristics, and the fact that it has…

Cayman Islands Shipping Registry

The Cayman Islands Shipping Registry (CISR) is the authority in charge with registering vessels as well as maritime administration and related services in the Islands. They operate a number of vessels as well as have a core role in the shipping industry. The Registry maintains a number of partnerships with…

Citizenship in Cayman Islands

Applying for Cayman Islands citizenship can be the goal of many foreign nationals who decide to relocate to the country permanently. In order to be able to do so, first one must reside in the country under a temporary residence permit, followed by residency under a permanent residence permit. Obtaining…

Accounting and Audit for Cayman Islands Companies

The accounting and audit requirements for a company in the Cayman Islands are simple and, in general, they only make it mandatory for company owners to submit a simple annual return. Particular cases include those companies that are regulated by the Cayman Islands Monetary Authority, as our agents who specialize…

Company Liquidation in Cayman Islands

The liquidation of a company is the process of ending the business and satisfying the existing claims of the creditors. In most cases, liquidation will take place once the company has become insolvent, as soon as it can no longer pay its obligations. There are three types of liquidation that…