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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.
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.
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
21-Feb-2014
I am very pleased with the service which SFM has provided me. The process was efficient, straight forward, and quick. I have used various corporate service providers in the past and after using SFM, it has taken the number one spot. Everybody who were involved in setting up the company have been very helpful and accommodating. I will definitely be using SFM for any future business.
21-Feb-2014
Site clair et précis
Tarif transparent
Service et écoute excellent
rapidité d'exécution
Sérieux
courtoisie
20-Feb-2014
I am very happy with the way SFM operates. I came to them in order to have a new company incorporated. They have advised me about the best options available and were able to set up the company within a couple of days. I also paid for a bank account with that company and they were very helpful in that regard as well. They set up the meetings with the bank and I was able to go there in person and sort everything out much faster than normal. All in all, I would recommend SFM if you want to have a new company incorporated.
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.
1 ... 54 55 56 57
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