Cayman Island Offshore Company Registration - Business Setup
- Register your Company in Cayman Island in 4-5 days (upon validation of your identification documents)*
- Client confidentiality protection via secured systems.
- Your company and its application for a bank account, including eBanking and credit card. Opening by correspondence.
- A dedicated manager is available throughout the year to administer your company.
Step 1
Complete our application form – Cayman Island
Complete our order form and make the payment for your chosen services. You will then be assigned a client manager to assist you through the incorporation process.
Step 2
Upload your documents
Your account manager will ask you for official documents which are required for your company formation. Or use our UBO services.
Step 3
Incorporate your company successfully
Once your documents have been processed your company will be successfully incorporated subject to local authority approval.
Step 4
Your account manager will guide you through the steps of completing your request of additional services such as bank accounts.
Step 5
Manage Your company via our client portal
Our client portal will give you immediate access to all your documents as well as display your company structure.
Frequently Asked Questions Company Formation in Ireland
The type of company that we form in the Cayman Islands is known as Exempted Companies, commonly known as offshore companies, and are regulated under The Companies Law (2020 Revision). An Exempt Company is a company that is registered in the Cayman Islands and conducts its business activity purely outside the island.
No, Exempt Companies formed in the Cayman Islands are exempt from any form of taxation in the Cayman Islands as long as the Exempt Company does not conduct its business in the Cayman Islands.
While the company may not be liable to pay taxes, please consult with a tax/legal advisor in your country of residence, to determine your own tax liability.
No, there is no public register of company officers in the Cayman Islands.
A minimum of 1 director and 1 shareholder should be appointed to setup an Exempt Company in the Cayman Islands.
No accounting/reporting requirements.
However, the section 59 of the Companies Law requires the company to keep all financial records, which should reflect the financial position of a company and to allow for the preparation of financial statements.
The shareholders’ liability in an Exempt Company is typically limited to the amount of shares respectively held by them.
No, bearer shares are not allowed in the Cayman Islands and tend to disappear from most jurisdictions.
Cayman Island Offshore Company Formation
Cayman Island companies are not subject to any form of direct taxation in the Cayman Islands. The Exempt Company may additionally benefit from a tax exemption certificate granted for a period up to 20 years as a safeguard against the local system of company taxation.