The Cayman Islands Exempted Limited Partnership is a business form that may be set up by two or more partners willing to carry out the same activities for the purpose of deriving profits. A key difference between this partnership and other business forms in the Cayman Islands is that has…
A virtual office is a location in which companies can choose to set up their registered office, without having to rent and keep a traditional office space, as in most cases. This is a suitable option for a Cayman Islands exempted company because it entails important cost reductions for the…
The Cayman Islands limited liability company is a type of legal entity that allows investors to benefit from the protection awarded by only being limited up to the amount of invested capital. In order to open an LLC in the Cayman Islands, investors will need to follow a few steps.…
There are several types of companies in the Cayman Islands that can be broken down into two main categories. In general, some types of companies are incorporated to trade in the Cayman Islands while other are formed for the purpose of conducting business outside the Islands. for example, according to…
The excluded person financial company in the Caymans Islands is a business entity that is subject to most of the requirements of the exempted company, only that the regulations will be different in terms of licensing for performing some types of activities. The “Excluded Persons” regime means that they are…
Our team of accountants in Cayman Islands can also help you with dedicated accounting and bookkeeping services. Companies in the Cayman Islands are required to maintain books that prove the financial transactions and many businesses choose to outsource the processes of maintaining these proper books of accounts. Choosing to work…
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…
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…
The Cayman Islands are one of the most popular offshore centers and one of the countries that are considered a tax haven. This is possible because of the tax-free regime applicable in the Islands. More specifically, the fact that there is no applicable profits tax for the income derived by…
