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Cayman Islands Company Formation

Cayman Islands Company Formation

The Cayman Islands are well known as a tax haven because it has no income taxes and has an easy process for offshore incorporation.

Incorporation: approx. 5-6 working days

Minimum capital requirements: US$ 1



The Cayman Islands offer their corporations many benefits including political & economic stability, fast incorporation, low registration fees, and the ability to own a corporation as the sole shareholder and director.

Privacy is one of the biggest benefits with a Cayman Islands corporation as no financial records or shareholder’s names are registered with the government, there is no public access to The Register of Directors and Officers or the Register of Shareholders.


  • - exemption from all local taxes and stamp duty
  • - maximum confidentiality and anonymity
  • - ease of operation, maintenance and control
  • - asset security
  • - mergers with other corporations either in the Cayman Islands or in other countries are allowed
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Name check + + +
Company incorporation
+ + +
  • Name check and approval
  • Filling incorporation documents with the Registrar of Companies
  • A standard set of original corporate documents
  • Payment of the Government fee
  • Provision of registered address for one year
Local secretary + + +
Government fees + + +
Registered office for 1 year + + +
Delivery of original documents - + +
Apostilled documents
- + +
  • If applying for a corporate bank account, you will need to order a full set of apostilled company documents when the account is opened outside of the country of Company.
Nominee director and shareholder
- - +
  • This service is required if you do not want your name to appear in the corporate documents or in the government registry. For this purpose, we will appoint another person or entity that will act on your behalf and for your interests and benefit. Such a relationship will be legally based on Power of Attorney and Trust Declaration. Despite Power of Attorney not being publicly available, such service does not guarantee 100% confidentiality. In case of request from public authorities the information about actual beneficial owner may be disclosed.
Total amount:
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Facts & Info for Cayman Islands Company Formation


General information

Company structure

  • Minimum one shareholder (can be either natural person or legal entity, no nationality or residency restrictions)
  • Minimum one director (no restrictions on the nationality and residency, corporate directors are permitted)


  • There is no withholding of taxes.  In addition, there are no estate, gift, or inheritance taxes levied on corporate share transfers.

Accounting requirements

Annual returns must be filed yearly in the Cayman Islands.  However, there is no requirement for corporations to submit financial records when filing annual returns.



Registered Agent


Registered office


Company name

  • Language: English
  • Words such as “Assurance”, “Bank”, “Building Society”, “Royal”, “Trust Company”, “Trustee Company” etc. will require justification
  • The words “Limited”, “Corporation”, “Incorporated”, “Societe Anonyme”, “Sociedad Anonima” or Ltd, Corp., Inc., S.A. must be part of the name of every Cayman Islands offshore company
  • Name needs to be unique and cannot be similar to the name of another corporation

In order to incorporate Company in Cayman Islands, the following steps shall be carried out:

  • Choosing a company name
  • Drafting a company constitution
  • Confirmation of the identities of the shareholder(s), the currency of the share capital and the number, allocation and value of the shares to be issued
  • Appointment of at least 1 director
  • Drafting of a detailed engagement plan
  • Document submission to the Companies Registry

Please provide us with the following documents and data:

For an individual:

  • Certified true copy of passport (for each director and shareholder)
  • Residential address proof issued valid within 3 months (for each director and shareholder)
  • Original reference letter from lawyer / CPA / banker

For a company:

  • Certified copy of the Certificate of Registration
  • Certified copy of the Company’s Memorandum and Articles of Association
  • Certified copy of the Registered Shareholders
  • Certified copy of Register of Directors
  • Certified copy of the Register of Offices


  • If documents are not in English language or language of particular country, then they must be accompanied by a notarized translation.