The Cayman Islands is an autonomous British Overseas Territory in the western Caribbean Sea. It is located northwest of Jamaica 268 km and 640 km south of Miami.
The Cayman Islands is on of the two offshore jurisdictions on the Hong Kong Stock Exchange that can be listed in Hong Kong.
The corporate legislation of the Cayman Islands is based on the common law of the United Kingdom. There are two company types: Exempted and Non-Resident. The exemption is a popular form of registration, as it does not necessarily require 'Limited' in the names and can apply for a tax exemption certificate valid for up to 20 years to further enhance its tax advantage.
Advantages of registering Cayman Islands company
- Privacy protection without the disclosure of shareholders and directors
- Approved to be listed on the Hong Kong Stock Exchange
- No need to declare tax and pay any tax
- The registration certificate of the company can display with the Chinese name
- The Cayman Islands has not entered into any double-tax agreement with any country or region
- No foreign exchange control this easy to raise funds
Requirements of registration
At least one shareholder and director, either legal person or nature person without limits for its nationality
Standard registered capital
Required information and time
- Company name in English
- ID card or passport copy of shareholders and directors
- About 30-day registration process