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Cayman Islands Offshore Company Overview
Prices in EUR
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Simple Incoporation
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Incorporation With Bank Account
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Swiss Account
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Isle of Man Account
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Jersey Account
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Seychelles Account
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USA Account
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2250
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3570
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2850
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2850
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2850
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2850
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I
Features
| General |
| Type of entity |
Exempt |
| Type of law |
Common |
| Shelf company availability |
No |
| Minimum government fees (excluding taxation): |
US$575 |
| Corporate taxation |
None |
| Double taxation treaty access |
No |
| Share capital or equivalent |
| Standard currency |
US$ |
| Permitted currencies |
Any |
| Usual authorised: |
US$50K |
| Directors or Managers |
| Minimum number |
One |
| Local required: |
No |
| Publicly accessible records |
No |
| Location of meetings |
Anywhere |
| Members |
| Minimum number |
One |
| Publicly accessible records |
No |
| Location of meetings: |
Anywhere |
| Company Secretary Required |
No |
| Local or qualified |
No |
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Accounts
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| Requirement to prepare |
Yes |
| Audit requirements |
No |
| Requirement to file accounts |
No |
| Publicly accessible accounts |
No |
| Other |
| Requirement to file annual return |
Yes |
| Change in domicile permitted |
Yes |
General Information
The Cayman Islands consists of a group of three islands in the Caribbean. The main Island, Grand Cayman, is situated approximately 1,150 kilometers south of Florida.
• Infrastructure And Economy
The economy of the Islands is strong, enjoying full employment with most of the revenue being derived from the financial services sector and tourism.
Miami is one hour away by air and the Island has direct air links with New York, Atlanta, Tampa, Houston and Jamaica. The Islands are a popular cruise-ship stop.
• Language
The official and spoken language is English.
.
• Currency
Caymanian Dollar.
• Exchange Control
None.
• Type of Law
Common Law based on English Common Law...
• Principal Corporate Legislation
The Company Law of the Cayman Islands is based on the English Companies Act of 1948 and can be found in the Cayman Islands Companies Law of 1960, as amended.
Company Information
• Type of Company for International Trade and Investment
Exempt Company.
• Restrictions on Trading
Cannot trade within the Cayman Islands, own real estate in the Cayman Islands. Cannot undertake the business of banking, insurance business or mutual fund business unless licensed. Cannot solicit funds from the public..
• Powers of Company
A company incorporated in the Cayman Islands has the same powers as a natural person.
• Language of Legislation and Corporate Documents
English.
• Shelf Companies Available
No.
• Language of Name
Names can be expressed in any language using the Latin alphabet, if the Registrar of Company receives a translation thereof. The corporate documents will however be in English.
• Registered Office Required
Yes, must be maintained in the British Virgin Islands, and must be maintained at the office of a licensed management company.
• Name Restrictions
Any name that is identical or similar to an existing company, or any name that suggests the patronage of the Royal Family or the Government of the British Virgin Islands.
• Suffixes to Denote Limited Liability
Limited, Corporation, Incorporated, Société Anonyme, Sociedad Anónima or their relevant abbreviations.
• Disclosure of Beneficial Ownership to Authorities
No.
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