Offshore Incorporation (Cayman Islands)
Offshore Incorporation (Cayman Islands)
The Cayman Islands is an autonomous British Overseas Territory in the western Caribbean Sea, slightly west of Jamaica. Tourism, shipping, and financial services, notably the licensing of foreign businesses, are among its main sectors. It has long been regarded as a significant offshore financial shelter for both companies and people.
The Exempted Company is the most prevalent type of corporation in the Cayman Islands. Trading is prohibited in the Cayman Islands for Exempted Companies. However, the corporation may enter into contracts and exercise all relevant rights in the Cayman Islands in connection with its business activities conducted outside the Islands.
Key Benefits
- No minimum capital requirement
- No company secretary required
- Able to open bank account
- No requirement on filing company’s account, taxes or financial information
- 0% tax rate for Cayman offshore business. Excellent to legitimately book tax-exempt international profits
- Track record of business information confidentiality. No requirements for beneficial owner to be made public (only record available to the public at this time is the Register of Director.)
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The incorporation form is specifically for Singapore (SG) incorporation. For any other types of incorporation, please feel free to reach out to us for a different incorporation form.
Incorporation Form