The world's top offshore company incorporation services(math.) genus
Facilitating the globalization of assets and international capital operations
What are the advantages of incorporating a company in the Cayman Islands?
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Zero-tax offshore financial paradiseThe Cayman Islands has a true zero-tax policy for Exempted Companies, exempting them from corporate income tax, capital gains tax, dividend tax and stamp duty. This makes it an ideal destination for tax optimization, profit retention and capital operations worldwide. -
High level of confidentiality and privacy protectionCayman law strictly protects information about the beneficial owners of a company from public disclosure. Shareholder and director information is only disclosed to and kept confidential by the registered agent, providing an extremely strong guarantee of business privacy. -
Highly recognized internationally, first choice for financing and listingAs one of the world's leading offshore financial centers, the Cayman Company is highly recognized by international investors, investment banks and stock exchanges. It is a standardized tool for setting up red chip structures, VIE structures for listing in Hong Kong and the US, as well as for setting up hedge funds and private equity funds. -
Easy and flexible registration and maintenanceStandardized and fast company establishment process. No foreign exchange control, free entry and exit of capital. No restrictions on the nationality and residence of company directors and shareholders, no need to hold local board meetings, and extremely convenient operation and maintenance. -
Mature judicial and professional service systemAs a British Overseas Territory, Cayman has a mature and stable common law system. At the same time, it is home to some of the world's leading law firms, accounting firms and registered agents, providing highly professional and reliable service support.
What are the requirements for incorporating a company in the Cayman Islands?
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Company Name Requirements
The name must end with "Limited", "Corporation" or the abbreviation "Ltd.", "Corp. Ltd.", "Corp.", etc. The name must not be the same or too similar to a registered company, and must avoid the use of licensed terms such as "bank", "insurance", "trust", etc., unless the appropriate license has been obtained. -
Registered Address and Agent Requirements
Local Registered Address: must have a physical office address in the Cayman Islands provided by a licensed registered agent
Registered Agent: It is mandatory by law to appoint a registered agent who is licensed by the Cayman Islands Monetary Authority (CIMA).
Company Secretary: Although not mandatory by law, appointment is usually recommended to handle compliance documentation.
Share Capital Requirements: The standard authorized share capital is normally US$50,000 divided into shares of US$1 each, which are not required to be paid in. The amount of share capital and the type of currency can be set flexibly as required. -
Directors and Shareholders Requirements
-Directors: at least one, who may be a natural or legal person, with no restriction on nationality or place of residence. There is no requirement to disclose information on directors.
-Shareholders: at least 1, can be a natural or legal person, no restrictions on nationality or residence. Registered or bearer shares are permitted (note: there are now stricter custodial requirements for bearer shares). % individuals). -
Economic Substantive Requirements (ES Law)
If the company is engaged in "related activities" in Cayman (e.g., fund management, financial leasing, head office operations, etc.), it will need to satisfy the requirement that it has sufficient local economic substance. Pure holding companies may satisfy the simplified test.
What are the main types of Cayman Islands companies?
Exempted Company
Non-Resident Company (NRC)
Independent Portfolio Companies (SPC)
Limited Liability Company (LLC)
Basic information to be prepared for the registration of a Cayman Islands company
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1. Name of the company
Provide 1-3 alternative English names.
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2. Information on directors and shareholders
Clear passport copies of all directors and shareholders (ultimate beneficiaries), proof of personal permanent address (e.g. utility bills or bank statements for the last 3 months). If the shareholder is a legal entity, his/her certificate of incorporation and articles of association are required.
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3. Shareholding structure
Detailed list of shareholders, shareholdings and share classes.
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4. Registered capital
To draw up the amount of the authorized share capital of the company, the class of shares and their nominal value.
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5. Scope of operations
Describe the nature of the business in which the company proposes to engage, which can usually be written in broad terms.
6. Registered agent and address
Usually provided by us as a licensed agent, no separate preparation is required by the client.
Q&A Frequently Asked Questions
Q1:Will the information of shareholders and directors be disclosed when I register a Cayman company?
A: No. The register of directors and shareholders of a Cayman Islands company is not open for public inspection and is only kept for record at the Registered Agent's Office, enjoying a high degree of confidentiality. This is one of the key differences between the Cayman Islands and some other offshore locations such as BVI.
Q2: Does a Cayman company need to be audited and file a tax return every year?
A: Usually not required. Cayman exempted companies are not required to submit audit reports or tax returns to the Cayman government unless they are operating locally. However, an annual fee must be paid to the Registrar and the license must be renewed through a registered agent. At the same time, they are required to file returns under the Economic Substance Act.
Q3: What is "Economic Substance Law" (ES Law)? Does it affect my company?
A: The Law requires companies engaged in nine types of "related activities" (e.g., banking, fund management, intellectual property, etc.) to have sufficient "economic substance" (e.g., employees, office space, expenses) in the Cayman Islands. For the majority of Chinese clients who use the Cayman Islands for holding or investment purposes, these are usually "purely holding entities", which are subject to simplified compliance requirements and have limited impact.
Q4: Can a Cayman company operate business or invest in China?
A: Yes, but you need to do it as a foreign investor. A Cayman company is a foreign legal entity. If it invests directly or establishes a subsidiary (WFOE) in China, it needs to comply with China's foreign investment laws and regulations and go through the procedures of setting up or filing a record of a foreign invested enterprise (FIE). It is often used as a holding platform for return investment or overseas listing.
Q5: Is it expensive to register a Cayman company? What are the main costs?
A: Fees are higher than those of a typical onshore company.
Major costs include:
(1) Initial registration fee (including government fees and agency service fees);
2) Annual Maintenance Fee (including annual government fee and annual registered agent fee). The fee depends on the size of the company's share capital and the complexity of its structure.Submitted successfullyThank you for your submission, one of our consultants will be in touch with you shortly!
