GENERAL INFORMATION
Total area - 264 sq km
Population – 60,765
Political status - British overseas territory
Capital – George Town
Official language - English
Official currency – Cayman Islands Dollar
Time zone - GMT - 5
| Basic Information | |
| 1. Political Stability | 1. Good |
| 2. British Based Legal System | 2.Yes |
| 3. Type of Company | 3. Exempted |
| 4. Migration of Domicile Permitted | 4. Yes |
| 5. Tax by Jurisdiction on Offshore Profits | 5. Nil |
| Corporate Requirements | |
| 1. Minimum Number of Shareholders | 1. One |
| 2. Minimum Number of Directors | 2. One |
| 3. Corporate Directors Permitted | 3. Yes |
| 4. Secretary Required | 4. No |
| 5. Standard Authorised Capital | 5. USD 50,000 |
| 6. Bearer Shares Permitted | 6. Yes (*E) |
Local Requirements | |
1. Registered Office/ Registered Agent | 1. Yes |
2. Company Secretary | 2. No |
3. Local Directors | 3. No |
4. Local Meetings | 4. No |
| Due Diligence / Disclosure | |
1. Due Diligence Required | 5. Yes |
2. Disclosure of Beneficial Owner on Public File | 1. No (*BA) |
3. Government Filing of Register of Directors | 2. Yes |
4. Government Filing of Register of Shareholders | 3. No |
Annual Requirements | |
1. Annual Return | 1. Yes |
2. Audited Accounts | 2. No |
| Shelf Companies Available | No |
| Days to Incorporate Companies on Request (Approx.) | 7 |
| Tax Treaties Access | No |
| *E – Subject to custodian provision | |
| *BA – Only to Registered Agent | |
