General Information
The Cayman Islands are a British Overseas Territory located in the western Caribbean Sea. The territory comprises the three islands of Grand Cayman, Cayman Brac and Little Cayman, located south of Cuba and northwest of Jamaica. The Cayman Islands are considered to be part of the geographic Western Caribbean Zone as well as the Greater Antilles. The territory is a major world offshore financial centre.
Type of company |
|
Type of law |
Common |
Shelf company availability |
Yes |
Our time to establish a new company |
1-2 days |
Minimum government fees (exl. Tax) |
US 732 |
Corporate Taxation |
Nil |
Double Taxation Treaty Access |
No |
Share capital or equivalent |
|
Standard currency |
US |
Permitted currencies |
Any |
Minimum paid up |
US 1 |
Usual authorised |
US 50.000 |
Minimum number |
1 |
Local required |
No |
Publicity accessible records |
No |
Location of meetings |
Anywhere |
Secretary |
Not required |
Minimum number |
1 |
Local required |
No |
Publicity accessible records |
No |
Annual Tax Return |
No |
Audit requirments |
No |
Requirments to file accounts |
No |
Publicity accessible records |
No |
Requirment to file annual return |
Yes |
Change in domicle permitted |
Yes |
Recurring Government Costs |
|
Minimum Annual Tax / Licence Fee |
0 |
Annual Return Filling Fee |
Yes |