Make an Enquiry

Offshore Companies

Choose the jurisdiction which best suits your needs

Cayman Islands

Why choose this jurisdiction when starting a business?
General Info

Company set up in the Cayman Islands

Exempted Companies

The Cayman Islands stands out as a highly sought-after jurisdiction for trust and corporate services, offering an excellent choice for establishing private and mutual funds. It’s considered a fully tax-exempted jurisdiction, boasting zero-rated corporation tax and no wealth, capital gains, or estate tax for entities. These tax advantages make it an appealing location for international entrepreneurs.
Are you considering setting up an offshore company? The Cayman Islands presents an ideal destination for businesses seeking a tax-efficient and flexible corporate structure. One of the most popular choices is incorporating Cayman Islands Exempted Companies. Cayman Islands Exempted companies enjoy freedom from local taxes, making them an attractive option for international businesses. They are also allowed to conduct business outside the Cayman Islands, providing greater flexibility and opportunities for expansion. Moreover, Cayman Islands corporate services are readily available, ensuring a streamlined incorporation process.

Key takeaways

  • Cayman Islands Exempted Companies provide a tax-efficient and flexible corporate structure.
  • These companies are exempt from local taxes and can conduct business internationally.
  • Cayman Islands corporate services simplify the incorporation process.

Understanding Exempted Companies

If you’re considering establishing an offshore company in Cayman Islands, you’ve likely to come across the term Cayman Islands Exempted Companies. But what precisely are they? Exempted companies are the most popular corporate structure used for offshore business ventures in the Cayman Islands. They enjoy exemptions from local taxation and possess no minimum capital requirements, making them a versatile and cost-effective choice for many businesses.

Tax Advantages

One of the primary advantages of incorporating an exempted company in the Cayman Islands is the associated tax benefits. Exempted companies are not subject to local taxes, including income tax, corporate tax, or capital gains tax. This makes them an attractive option for businesses looking to minimize their tax liabilities and maximize profits. However, it’s important to note that exempted companies may still be subject to taxes in their home country, depending on the prevailing tax laws.

Regulatory requirements

To establish an exempted company in the Cayman Islands, you must meet specific regulatory requirements. These include appointing at least one director and shareholder, maintaining a registered office in the Cayman Islands, and submitting an application to the Registrar of Companies. Exempted companies must also adhere to Anti-Money Laundering Regulations and the Proceeds of Crime Law, requiring them to maintain proper bookkeeping records and conduct due diligence on clients and transactions.

Flexibility and Confidentiality

Exempted companies offer a high degree of flexibility and confidentiality, making them an attractive choice for businesses that require privacy and security. Shareholders’ and directors’ names are not publicly disclosed, and the only available information about the company pertains to the Memorandum and Articles of Association. Exempted companies also allow for various share classes and voting rights, making them a popular choice for investment funds, holding companies, and joint ventures.
R

Stable political environment coupled with a progressive economy

Well-established reputation in the field of offshore finance

One of the most affluent Caribbean nations

~

Confidentiality details of shareholders and beneficiaries not disclosed to the public

Packages and Prices

Cayman Islands

icon standard package white

Standard
Package

The cheapest option company formation, payment government fees, registered office, local registered agent, Client Due Diligence (CDD) full and free tax and legal assistance, and much more, to keep your entity fully compliant.

Order Now
icon business package white

Business
Package

A special package with all services as included on the Standard Package, plus our Bank Account opening services with a local bank based in UAE, providing account opening remotely, and offering you online banking, multi-currency account, debit cards and all other major banking services you may need.

Order Now
icon premium package white

Premium
Package

A package with all services as included on the Business Package plus full Nominee Services (Nominee Members and Managers) providing you the highest degree in terms of confidentiality and anonymity.

Order Now

Benefits of Cayman Islands Exempted Companies

Establishing an exempted company in the Cayman Islands offers numerous benefits and advantages for business owners. Here are some of the most significant reasons why:

N

Flexibility: Exempted companies in the Cayman Islands offer flexibility in terms of corporate structure and management. They can have a single director and shareholder, whether individuals or corporations, allowing for efficient decision-making and streamlined operations.

N

Confidentiality: The Cayman Islands have stringent confidentiality laws that protect the identity of company owners and directors, ensuring the privacy of sensitive business information and preventing disclosure to third parties.

N

Asset Protection: The Cayman Islands provide robust asset protection laws that shield companies and their owners from lawsuits and creditor claims, safeguarding personal assets from seizure in legal proceedings.

In addition to these benefits, the Cayman Islands also offer a wide range of corporate services to support exempted companies, including legal, accounting, and administrative services, as well as reliable IT infrastructure and telecommunications. Overall, establishing an exempted company in the Cayman Islands can be a strategic and sound decision for businesses looking to expand their operations offshore.
N

Business Environment in the Cayman Islands: The Cayman Islands provide a favorable business environment for corporations seeking offshore expansion. The jurisdiction boasts a stable political and economic climate, offering reliability for conducting business. Furthermore, the Cayman Islands feature a robust regulatory framework designed to encourage compliance and transparency. The jurisdiction is also known for its pro-business policies and regulations that support its reputation as a leading offshore financial center.

N

Infrastructure: The Cayman Islands have a modern and well-developed infrastructure that can accommodate businesses of all sizes. Reliable communication and transportation networks are complemented by a range of available office and commercial spaces for rent or lease.

N
Skilled workforce: The Cayman Islands boast a highly skilled and educated workforce proficient in various languages. This facilitates the recruitment of the right talent for business operations. Additionally, the jurisdiction maintains a low unemployment rate, ensuring an ample pool of qualified individuals to fill open positions.
N
Support services: The Cayman Islands offer a variety of support services to businesses, including corporate services providers, legal firms, and accounting firms. These support services assist businesses with tasks ranging from company incorporation to managing ongoing regulatory requirements.
N
Regulatory Framework: In the Cayman Islands, exempted companies are subject to a robust regulatory framework that promotes transparency and compliance. The primary regulatory body for exempted companies is the Cayman Islands Monetary Authority (CIMA), which is responsible for supervising and regulating the financial services industry.
Exempted companies are required to obtain a license from CIMA before commencing business activities in the Cayman Islands. The licensing process involves the submission of detailed information about the company’s ownership structure, business activities, and compliance with anti-money laundering and terrorist financing regulations. Once licensed, exempted companies must comply with ongoing reporting and disclosure requirements. This includes submitting annual reports to CIMA, maintaining accurate books and records, and appointing local directors and officers to ensure compliance with local laws and regulations.
In summary, the Cayman Islands offer a secure, dependable, and cost-effective environment for businesses looking to expand offshore. With its favorable business climate and supportive regulatory framework, the jurisdiction.

How can we help you?

Should you have any question, our Business Development Managers team will be ready to guide and assist you!

Contact us