Register company in Cayman Islands
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Setting up a company in the Cayman Islands offers a simple and efficient process with clear benefits for international entrepreneurs and investors. Fast company registration, minimal administrative requirements, and a variety of flexible structures make the Cayman Islands a desirable jurisdiction for global business. Such registration allows owners to manage their business with clarity, control, and confidence.
Advantages of Company Formation in the Cayman Islands
Choosing the Company Structure and Name
We work with you to determine the most suitable legal structure (e.g., exempt company, LLC, SPC, or ELP) based on your needs. We also help choose a unique company name. This stage typically takes 1–2 working days, depending on approval.
Document Collection and Preparation
We collect necessary documents, including the Memorandum and Articles of Association, Section 165 Declaration (for exempt companies), and KYC documents such as certified passport copies, address verification, and a source of funds declaration. For corporate shareholders, we assist in obtaining the company registration certificates and relevant documents. Document collection typically takes 2–5 working days, depending on client readiness.
Compliance and Due Diligence Checks
We submit documents for local due diligence and KYC checks as required by Cayman Islands law and international AML standards. Our team ensures full compliance and responds promptly to verification requests. This process typically takes 1–2 working days.
Company Registration with Regulatory Authorities
We register your company with the Cayman Islands Company Registry. Once accepted, the registration authorities issue an official Certificate of Incorporation. The standard registration process takes 3–5 working days, with expedited services available for urgent cases (1–2 working days).
Document Delivery and Activation
We provide electronic copies of company documents within 1–2 working days of registration. Original corporate kits are sent via courier, usually arriving within 3–7 days, allowing your company to start operations quickly.
Post-Registration and Opening a Business Bank Account
We help organize your registered office, maintain corporate registers, and submit annual declarations. If needed, we assist with opening offshore bank accounts and advise on compliance requirements. Depending on the bank, account opening typically takes 2–4 weeks.
Frequently Asked Questions: Company Registration in the Cayman Islands
Still have a questions?
What are the main advantages of company registration in the Cayman Islands?
Company registration in the Cayman Islands offers no corporate or personal income tax, fast registration (typically 3–5 days, with expedited service available in 1–2 days), 100% foreign ownership, minimal organizational requirements, confidentiality for shareholders, and no currency restrictions. The jurisdiction is widely recognized globally, has a high level of legal certainty, and modern infrastructure.
What types of companies can I register in the Cayman Islands?
You can register Exempt Companies, LLCs, Segregated Portfolio Companies (SPC), and Exempt Limited Partnerships (ELP). Each of these structures has unique advantages for international business, investments, fund management, or holding structures.
What is the process for registering a company in the Cayman Islands?
The process includes choosing a unique company name, preparing and filing the Memorandum and Articles of Association, conducting compliance and due diligence checks (KYC), paying the government fee, and obtaining a Certificate of Incorporation. Most electronic documents are ready within 2 days, and original documents can be delivered worldwide.
Are there any requirements for directors or shareholders?
Only one director and one shareholder are required, who can be an individual or a legal entity. There are no nationality or residency requirements. Corporate directors and shareholders are allowed.
What are the ongoing compliance and administrative requirements?
Each Cayman Islands company must have a registered office locally, maintain up-to-date statutory registers, and file annual declarations. Audit or public financial reporting is not mandatory unless the company is regulated. All compliance is structured for international operations.
What are the registration fees for a company in the Cayman Islands?
For exempt companies, government fees start at USD 675 for registration and USD 700 for annual renewal (for standard share capital). A typical all-inclusive package starts at GBP 2,600, covering registration, registered office, and standard documentation.
Is shareholder information available to the public?
Shareholder information remains confidential by law and is not available to the public. Only basic company data, such as the name, type, registration date, registered office, and status, are publicly accessible.
Can companies in the Cayman Islands open international bank accounts?
Yes, companies in the Cayman Islands can open both local and international bank accounts. The Cayman Islands is home to many leading banking institutions, and options are available that support cryptocurrencies. The process typically requires standard KYC verification, and the minimum deposit is usually GBP 2,500.
Do Cayman Islands companies need to comply with economic substance requirements?
Certain companies in the Cayman Islands, such as fund managers and certain head offices, must comply with economic substance requirements. Most holding, trading, and investment companies do not require this. The requirements are clearly defined, and Legarithm provides ongoing support for compliance when necessary.
What are the typical uses for companies registered in the Cayman Islands?
Companies in the Cayman Islands are widely used for asset holding, investment instruments, fund structuring, global trading, intellectual property licensing, estate planning, and public listings on major global exchanges. Their flexibility supports a broad range of international business activities.
| Feature | Details |
|---|---|
| Corporate/Personal Income Tax | None — no direct taxes for companies or individuals |
| Speed of Registration | Standard: 3–5 working days; express: 1–2 days |
| Number of Active Companies | Over 100,000 |
| Foreign Ownership | 100% allowed |
| Minimum Requirements | 1 director and 1 shareholder (can be one person or legal entity; not required to be residents) |
| Minimum Capital | Not required; typically USD 50,000 for minimum annual fee |
| Confidentiality | Shareholder information is confidential; only basic company information is public |
| Annual Fees/Audit | Not required if the company is not regulated |
| Types of Structures | Exempt company, LLC, regular company, ELP, SPC |
| Currency Control | No restrictions; free international transfers |
| Key Uses | Holding, investment, finance, intellectual property, trade, fund management |
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