The Trade Register in the Cayman Islands is part of the General Registry. It manages a number of registries, including the ones concerning companies, marriages, death, and births. Its company division has the role of recording all of the new companies registered in the Islands.
The Cayman Islands is a renowned financial center and a large number of companies are included in the Registry each year. The Cayman Islands incorporation process makes it mandatory for companies to be formally included in the special registry.
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The Companies Law contains the most important provisions for the control and also for the registration of companies on the territory of the Cayman Islands. The Registrar of Companies sees that the registration requirements, as set forth in the Law, are properly met by all investors who open a company.
Registration is mandatory for partnerships companies and trusts. A set of fees apply for the registration of a company in the Cayman Islands and they will vary according to the type of the legal entity. Penalties for late payments of the annual fees apply. The de-registration of a company, as well as the re-registration, are also subject to fees.
One of our agents who specialize in setting up a Cayman Islands company can help you with detailed information about the fees and penalties imposed by the Registry.
The steps outlined below are the basic ones that need to be followed by investors who wish to register a company in the Cayman Islands:
Our Cayman Islands company formation agents provide complete incorporation services including proper registration with the Companies Registry, registered office services, nominee director and shareholder services and others.
Contact us for more information and advice on setting up a Cayman Islands company.