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Cayman Island Company Registration

More Information
Steps to company formation - Cayman Island
 
 
Upload your documents
Your account manager will ask you for official documents which are required for your company formation.
 
Register your company successfully
Once your documents have been processed your company will be successfully registered.
 
Process any additional services
Your account manager will guide you through the steps of completing your request of additional services such as bank accounts.
 
Manage Your company via our client portal
Our client portal will give you immediate access to all your documents as well as display your company structure.
 
 

Banking Options

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Cayman Island Company
Good to Know
Cayman Island companies are not subject to any form of direct taxation in the Cayman Islands. The Exempt Company may additionally benefit from a tax exemption certificate granted for a period up to 20 years as a safeguard against the local system of company taxation.
Main Characteristics
Company type
Limited Company registered under the Exempted status.
Governing corporate legislation
The Cayman Islands Monetary Authority is the governing authority and companies are regulated under The Companies Law (2016 Revision).
Information published relating to company officers
There is no public register of company officers.
Confidentiality
The Cayman Island offers a high level of anonymity and privacy.
Accounting requirement
No auditing / reporting requirements.
However, under section 59 of the Companies Law, a company is required to keep books of account which give a true and correct view of its affairs, including, where applicable, material underlying documentation including contracts and invoices.
Taxation
No local taxation however, companies which are not “tax resident” outside of the Cayman Islands and which conduct a Relevant Activity must meet substance requirements under Cayman’s Economic Substance Law or face important penalties For more information about the Economic substance requirements , please check the following press release by the Cayman island financial services : http://www.caymanfinance.gov.ky/portal/page/portal/pruhome/pressroom/2018/cayman-publishes-bills-to-further-strengthen-standards .
Legislation
Modern offshore legislation.
Standard currency
US$
Time to form
The Cayman island has a fast and efficient registry: it takes about 2 to 3 working days to register a company.
Stability
Stable jurisdiction with a very good reputation.
Communication
Efficient communication means.
Time zone
Convenient world time zone: GMT-5
Secretary required
No
Paid up capital requirement
No paid-up capital requirement. The standard share capital is USD 50,000 but can be amended to fit your requirements.
Renewal Date
Anniversary date of the company / Each Year
Basis of legal System
Under Common Law.
Minimum directors/shareholders
Minimum of 1 director/shareholder
Bearer shares
Bearer shares are not permitted.
Documents Required
for the Creation of the Company
A certified copy Certification of a passport can be made by a notary, an attorney-at-law, a bank, a public officer, or in accordance with SFM indications. Kindly consult your dedicated account manager at SFM to obtain precise information. of your passport (specific wording required), as well as a certified copy of a proof of domicile dated less than 3 months. All in original.**






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* Subject to the constraints of the due diligence procedure.
** Documents must be provided for every person related to the company.
Disclaimer: Nothing on this webpage shall be construed as a contractual commitment or as a warranty. Services conditions are governed by the applicable terms and conditions.

Our Client Reviews

Our Testimonials Are Verified By Feefo, A Third Party Company

4.7 out of 5 stars customer rating
Overall Rating
96% Customer satisfaction rate, testimonials verified by Feefo.com
14-Oct-2014
The service provided by SFM to me was simply excellent. Very good value for price paid. Fast Service. Exquisite. Solve all your questions with straight answers. Monitored throughout the process of the application to the end and also in my own language.
08-Oct-2014
Overall the service is ok. Not above average though. The person that handled my business was available most of the time. The length of time that took though to make all arrangements needs to improve.
01-Oct-2014
I believe the service is good. However, there are some points that can improve, including:
- Speed ​​in the process;
- When there are changes in the incorporations should always be updated, so that means there is conflicting information that exists on the website or when communicating by mail;
- Should always provide feedback as to why the time-consuming process, and not the client to constantly contact to know the current situation;
- Streamline the process.
29-Sep-2014
I am fully satisfied : the service was quick and very professional. Moreover, SFM assists you when a complication arises : this is the kind of behavior that inspires confidence. Greatly recommended !
23-Sep-2014
Todo muy correcto y muy claro. Saben lo que hacen. Lo único es que los plazos de creación de la sociedad no son tan rápidos. Requieren uno o dos meses. Pero todo lo demás es perfecto. Repetiré con SFM si tengo que volver a realizar otra gestión.
12-Sep-2014
Bonjour,
C'est en toute honnêteté que je peux témoigner de l'efficacité de la gestion de mes deux sociétés par SFM, et ce depuis 5 ans.
En plus d'un accueil très cordial et réactif, j'apprécie fortement la qualité d'écoute et de compréhension face à mes demandes.
Merci pour votre patience à mon égard, et pour tous vos conseils qui font qu'aujourd'hui j'ai un montage UK clair, simple et sécurisé.
M.N.
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