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Cayman Company Formation

Cayman Company Formation

The Cayman Islands is an overseas territory of the United Kingdom in the American West Caribbean Islands and the fourth largest offshore financial center in the world. Investors in many different countries have also chosen to set up companies in Cayman to run their businesses around the world.

Cayman Advantage

  • Cayman's political, economic and trade environment is stable;
  • Good financial legal facilities;
  • The government encourages economic development and attracts foreign investment, and one person can register a limited company;
  • The government provides privacy protection for enterprises, and the directors and shareholders' information enjoys a high degree of confidentiality and absolute confidentiality, and is not disclosed at all;
  • There is no upper limit for registered capital, and there is no need to pay stamp duty;
  • There are no restrictions on the scope of business and no foreign exchange control;
  • There is no need to issue an audit report, just keep the data to reflect the economic situation;
  • Profits from offshore operations are not subject to profits tax.

    Tax Treatment

  • No corporate tax
  • No capital gain tax
  • 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
  • Business summary including services, industries and major operating countries
  • Bank reference letter
  • 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
  • Charges on company formation
  • Assisting client to complete all application forms
  • Provide and obtain documents to clients
  • Provision of first year registered agent service
  • Provision of registered office
  • Bank Account opening

  • Duration to Set Up

    1 week