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Cayman CIMA License

Cayman CIMA Securities Dealer License


The Securities Investment Business Law (SIBL) (latest amendment of 2015) provides the legal framework for the provision of Securities Dealer Services. A Cayman Securities Dealer License is a license granted by Cayman Islands Monetary Authority (CIMA) which allows a company to trade in securities either as a principal (on its own account) or as an agent (on behalf of its clients).

Key Features


A Securities Dealer License allows holder to:
  • Accept and transmit funds
  • Execute orders on behalf of the clients
  • Underwrite financial instruments
  • Securities management

  • Legal Requirements:

  • Minimum Paid up Capital: around $125,000USD
  • Minimum 2 Directors and 1 Shareholder (corporate shareholding is allowed), Fit and proper
  • Company Secretary
  • Securities Dealer Representative, Fit and Proper
  • Compliance Officer
  • Registed Office and Agent
  • Appointed Auditor
  • Annual Audit Report and Quarterly Returns
  • Professional Indemnity

  • Tax Treatment

  • No corporate tax
  • No income tax on money earned outside of its territory
  • No interest tax
  • No dividend tax

  • Documentation Requirement:

    For each beneficial owner, shareholder, director, authorised signatory:

  • A notarized copy of passport
  • A notarized copy of utility bills/ proof of address within three months
  • A bank Reference Letter
  • CV dated and signed
  • 2 Character Reference Letters
  • 1 Reference verifying good financial standing
  • Clean criminal records
  • Educational qualification certificate
  • Shareholding company certificate, company registration and constitution
  • Shareholding company ultimate beneficial owner and director notarized copy of passport, utility bills/ proof of address within three months

  • UCG Services

  • Company formation
  • License application document preparation assistance
  • AML CTF program, compliance program and risk assessment
  • Provision of local compliance officer, registered agent, address, etc which are requested by CIMA
  • Application lodgment to CIMA
  • Liaising with regulator, service provider
  • Bank account opening
  • Maintanence after application success

  • The UCG Advantage

  • End to end comprehensive service
  • Speedy and efficient service
  • Expert advice on structuring options
  • Dedicated ongoing compliance support
  • Extensive network pool of service providers


  • Duration to Set Up

    4-6 months