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Cayman Island Company Registration

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How it works?
 
 
Documents
Upload your personal documents
 
Registration
Company gets registered
 
Services
Additional services, such as bank account are processed
 
Company Kit
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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
20-Feb-2014
SFM offered us very stable ,reliable and professional service that we highly recommend to anyone interested to open a company online. We were aware that establishing your business online without face to face communication has many disadvantages,but cooperating with SFM for that matter made us completely relaxed and secure that everything is being handled in most professional and reliable manner.
Moreover, the guidance of the staff,their constant support and kindness made the process very easy,so that they swiftly managed to establish our business that we still run today successfully.
We still use SFM services for all that we need as we progress in our business and we would not change SFM for anything!!!
Our sincere gratitude to SFM for being our best online business service !
19-Feb-2014
SFM is very professional and quickly, I used them for 3 times and for sure I will use again in the future. The office people are always available also during no working time
19-Feb-2014
Just collected all the incorporation documents form now.

Am pleased with the professional, efficient, reliable service of SFM; my contact at SFM,"christophe Morocco's" I really appreciate your patience & constant support to get everything done.

Thank you Christophe, thank you SFM.

Fekadu Alemu
SadofAleph Inc.
18-Feb-2014
Efficient, quick and good value for money
18-Feb-2014
The incorporation services of the SFM Offshore are outstanding, fast and reliable. We are pleased with the professionalism of their staff as well as with their office in Geneva. After one year in relationship, we have nothing to complain about. Renewal process was easy, quick and painless. Would recommend to everybody considering offshore services. Thank you SFM.
12-Feb-2014
The agent assisting me (Zehra Fattah) displayed great commitment and provided me with excellent service throughout the process.
We faced many challenges i.e. my remote work location with limited IT connectivity and postal infrastructure, frequent travels between countries, different time zones etc but both of us persevered.
I can suggest to SFM that a personilsed document be sent to each client after the initial contact has been made outlining all the requirements and documentation that will be needed to complete the process. This should help the client understand the process better and help him/her and their SFM agent to track outstanding documents throughout the process. At times the sheer volume of documents requested became overwhelming however Zehra keep motivating and encouraging me. THANK YOU
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