Cayman Islands

Cayman Islands

Learn more about Cayman Islands Exempted Company.

描述: https://www.goldinglobal.com/userfiles/Cayman(1).jpgSituated in the Caribbean, south of Cuba, the Cayman Islands (“Cayman”) consists of three islands. The main island, Grand Cayman, is approximated 480 miles southeast of Miami. Cayman is a British Dependent Territory with long history of stable political environment

Economy & Infrastructure

Cayman’s capital, George Town, houses most of its 55,000 population and center to all financial and business activities. With Miami only an hour away, Cayman has direct air connects with many US cities, making it popular tourist stop. Major supports of the economy also come from the financial services sector derived from its offshore activities.

The official language is English and the official currency is the Caymanian Dollar (KYD). Cayman has a well-developed financial services including major global financial institutions such as HSBC, UBS. Professional accounting and law services are also widely available.

Law & Government

An appointed Governor by the Queen exercises completely legislative and executive authority. The Executive Council with seven members, three members appointed by the Governor and four members elected by the Legislative Assembly, are responsible for formulating policies and advising the Governor.

Corporation

Cayman Islands company law permits the administration of the Exempted Company (“EC”) to be carried out either in the Cayman Islands or from any other jurisdiction in the world.

Advantages of Incorporating in Cayman Islands are:

  • Approved offshore center by major stock exchanges (For example, Hong Kong Hang Seng Stock Exchange, NASDAQ) for public listing.
  • Only one director and shareholder is required.
  • The director and shareholder may be a company or a natural person of any nationality.
  • Board meetings can take place in any other jurisdiction.
  • Exempted Company are exempted from all taxes and stamp duty.
  • Accounts or other annual reports have not to be filed with the government.
  • Well-developed banking sector.
  • Multi-lingual Incorporation documents allowed (Chinese characteristics accepted).