Cayman Islands Company Registration
Cayman company registration provides investors with tax benefits and an excellent international reputation. Companies primarily register to trade and hold overseas investments. Gryffin Capitalist is the one-stop solution for all your requirements to register a Cayman Islands company.
Some features of Cayman Islands companies are:
- A financial services hub with an international reputation
- Political and economic stability
- Tax Neutral jurisdiction
- A regulatory framework overseen by the Cayman Islands Monetary Authority (CIMA)
100% Remote
Offshore Company Setup
Incorporate your company
starting from $3,370
Duration 2-3 days
Cayman Island Business Registration
The Cayman Islands is in the Caribbean Sea and is now a thriving financial hub worldwide. The Cayman Islands are a self-governing British overseas territory. In the Cayman Islands, there are around 100,000 registered businesses. Hence, the Cayman Islands is a popular and thriving International financial sector.
Offshore registration in the Cayman Islands offers an opportunity to conduct and grow successful international business. The country has active double taxation treaties with the UK and New Zealand, which benefits investors.
The Cayman Islands has a well-established legal and financial system and a good reputation. Cayman company formation has become seamless. The Cayman Islands has planned an advanced regulatory regime to tackle money laundering. FATF has recognized Cayman Island as a regional regulatory framework leader.
Cayman Islands business registration is subject to specific regulations. It includes compliance with international anti-money laundering and terrorist financing laws.
Cayman Islands companies are Limited Liability Companies(LLCs) with no minimum paid-up capital requirements. The offshore companies have no accounting and bookkeeping, or audit requirements. Companies should correctly update their accounting records and keep track.
The Cayman Islands companies need to do annual returns every January. The companies will not pay taxes unless their financial institute falls under economic substance requirements. Let's learn more about Cayman Islands company registration.
Benefits of Company Registration in Cayman Islands
- Nil or Low Tax
- High Privacy
- Political Stability
- Regulated Financial Industry
- Seamless Company Formation
- Flexible Corporate Structure
Cayman Islands Company Formation Packages
For investors looking to set up an offshore company in Cayman Islands, our team have two comprehensive packages to assist you. Please refer to our packages below.
Standard
Everything for a foreign investor to register a company
$3,370
- Company Formation
- Certificate of Registration
- Document Processing for Registration
- Memorandum & Articles of Association
- Government Fees for 1 year
- Registered Agent and Registered office Address for 1 year
- GC Account Manager for 1 year
Executive
Suitable for investors looking for company formation along with bank account
$4,500
- Everything in Standard
- Certification of Corporate Documents
- Assistance in Bank Account Opening
- One-time application with one suitable bank
- Assistance in preparation of bank application & Supporting Documents
- Schedule appoint with the Bank representative
The Cayman Islands Corporate Structures
The Cayman Islands offer various offshore corporate structures, including Exempted Companies (ideal for international business with no local taxation), Limited Liability Companies (LLCs) (flexible management and tax-neutral), Segregated Portfolio Companies (SPCs) (asset protection via separate portfolios), and Exempted Limited Partnerships (ELPs) (popular for investment funds and private equity).
Establishing the most popular one - an International Business Company (IBC) here is quick and straightforward. The Companies Act is the cornerstone of IBC regulations in the Cayman Islands.
IBC Cayman Company Essentials
The Act permits various types, including exempted companies, for offshore purposes.
- Incorporation Requirements: Companies must file a memorandum and articles of association.
- Director and Shareholder Details: No local residency is required for directors or shareholders.
Prepare the company’s memorandum and articles of association. These documents outline the IBC’s structure and operational rules. Submit the necessary incorporation forms to the Cayman Islands Registrar of Companies. Pay the applicable registration fees when filing the incorporation documents.
Typically, the incorporation process is completed within three to five business days. An IBC does not require local directors or shareholders. Company meetings can be held anywhere in the world, ensuring flexibility. Privacy is prioritized, with minimal information publicly disclosed about owners.
An IBC cannot conduct business with residents of the Cayman Islands. However, it can engage in international trade, investments, and holding activities. It is exempt from income tax, capital gains tax, and withholding tax.
Why Set an IBC in the Cayman Islands?
The Cayman Islands offers stability, favourable laws, and financial security for businesses. Establishing an IBC here enhances global business operations and protects wealth effectively. IBCs benefit from tax neutrality, strong legal frameworks, and global recognition. A Cayman Islands International Business Company (IBC) offers tax neutrality, robust privacy, and flexibility, which is ideal for international trade and investment.
The Process of Cayman Islands Company Registration
As an investor, if you plan to register with your Cayman Islands Company. You can start your offshore company formation in six simple steps. We will make your Cayman Islands company registration process seamless so that you can focus on your business.
Below are steps guide on the process of opening a company in the Cayman Islands:
The proposed company name should be available in the Cayman Islands company’s registry. The name of the company should be unique and available.
Investors looking to form a company in the Cayman Islands must appoint a registered agent. The registered agent will handle the company's legal and administrative matters. You can use the address of your registered agent for company formation.
The Memorandum of Association outlines the company's activities. The Articles of Association lay down the rules and regulations for running the company. Submit the documents to the Cayman Islands Registrar of Companies.
The company registration documents include the Memorandum, Articles of Association, and other supporting documents. The supporting documents are:
- Company's Registered office address
- Shareholder's and Director's names and addresses
- The company must file its share capital with the Registrar of Companies.
Receive the verification of the documents and necessary approvals. The Registrar of Companies shall issue a Certificate of Registration confirming the company's legal existence.
After the successful company formation, we can assist you in opening a corporate bank account in any offshore jurisdiction. Our banking operation team will assist you with seamless offshore bank account opening. Investors can also try opening a bank account anywhere in the world.
Documents Required for Cayman Islands Company Registration
- Certified Passport Copy
- Certified Proof of Address (not older than three months)
What our clients say
The team at Gryffin Capitalist is efficient. Starting from offshore company formation to offshore banking, they guided me step by step, ensuring smooth registration in BVI.
Fantastic support throughout the process! I am delighted with Gryffin Capitalist's service. They made Seychelles business registration seamless and stress-free.
I registered an IBC in Belize with Gryffin Capitalist, and the process was seamless. They helped me choose the proper structure. They assisted me with my international bank account.
Why Choose Gryffin Capitalist?
Company Registration in the Cayman Islands can become a complex process. You should seek professional guidance from our business consultants to obtain a company license in the Cayman Islands. We will assist you through the company registration process in the Cayman Islands.
We at Gryffin Capitalist will work closely with you to provide the best offshore company formation package. We will guide you through the company registration process and ensure you meet all the legal requirements. Rest assured, this would be the best solution for your offshore company in the Cayman Islands.
Quality Professionalism
High Privacy
Strong belief in long-term client relationships
Competitive Market Pricing
Global Footprint
Efficient and Transparent Process
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Our Bank Account PackagesFrequently Asked Questions (FAQs)
Foreign investors can set up an offshore company and conduct tax-efficient business outside the Cayman Islands.
A Cayman Islands company requires one director and shareholder to form the company.
A Cayman Islands offshore company has no minimum share capital requirement.
No, you do not need an office in the Cayman Islands to set up an offshore company.
Yes, if we use it for legitimate business purposes. You should not use it for illegal activities such as money laundering or terrorism financing.
