Investors who are interested in opening a Cayman Islands exempted company may also be inquiring about long-term stays in the country. Residing permanently in the Islands is possible for those individuals who have been residents for eight years or those who apply for the permanent residence as a person of…
A double tax treaty is a bilateral agreement between two parties for the abolition of double taxation on active and passive income. As the Cayman Islands impose no income tax, it has not entered into many double tax agreements and, in fact, some of these have been signed in recent…
NOTE: To comply with local laws and regulations, we do not offer shelf companies in the Cayman Islands. We can however incorporate new Cayman Islands companies as an alternative. The process of incorporating a new Cayman Islands company has the same cost and the timeline. When acquiring a shelf or ready-made company in the Cayman Islands, entrepreneurs…
Setting up a Cayman Islands company is a simple process and many foreign investors choose to set up a company here. Opening a business bank account is a subsequent step after the formation of the legal entity and individuals and entrepreneurs can choose between the various bank branches that offer…
The Cayman Islands Exempted Company is the most widely-used business form by foreign investors looking to do business in the British overseas territory. This company can carry out its activities outside the Islands, however, it may hold investments here. Cayman islands company formation is a facile process and this particular…
When setting up a Cayman Islands exempted company, it is a beneficial step to consider fiduciary services. This involves the management of assets on behalf of another individual or a corporation. Those who provide these services are bound by a fiduciary agreement and adhere to high standards of performance, always…
A commercial code, through its set of laws and regulations, facilitates commercial transactions in a given jurisdiction and sets forth a number of conditions and standards that are to be observed by market participants. The Commercial Code in the Cayman Islands is not a single, unified law, rather a collection…
Boat registration in the Cayman Islands is performed with the Shipping Registry (CISR), according to the type of vessel. The Registry is a division of the Maritime Authority of the Cayman Islands and it offers a range of services to those who register merchant ships or yachts and other vessels. …
The directors of a Cayman Islands company need to observe a set of statutory and fiduciary duties, as prescribed in the Companies Law and the Common Law. Our agents can help new company directors in the Cayman Islands with complete information about the local laws applicable to them. A director…
The Company Act in the Cayman Islands is the law governing the incorporation, registration, membership, and control of companies. It is structured in several parts, from the constitution and the incorporation of companies to general provisions and the distribution of capital to liability and winding up the company. Our team…