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Register Company In Cayman Islands
Explore the best jurisdictions for your business needs and goals.
Benefits of Having a Company in Cayman Islands
Discover why Cayman Islands - Company Formation is the preferred choice for international business.
Well-regulated legislation framework
Thriving banking and financial system
No corporate income tax in Cayman
No exchange control on cross-border transactions
Minimal company maintenance requirements
No public record of company members' identities
Flexible company structures adapting for multiple business objectives
Cayman Islands Exempted Company
Exempt from corporate taxation
Company formation in 48 hours
No minimum paid-up capital
Customized company registration package
All fees included, no hidden charge
Cayman Islands - Company Formation
The most flexible structure for international business.
How To Register A Company In Cayman Islands
steps to register a company in Cayman Islands
Step 1: Choose your company type and name
First, select the right legal structure for your business goals. Most international entrepreneurs choose an Exempted Company for its tax-neutral status and minimal reporting requirements. Next, you must choose a unique company name that meets Cayman Islands naming rules.
GlobalForm team will help you check the name availability and reserve it with the Cayman Islands General Registry.
Step 2: Prepare the required documentation
Once your company type and name are confirmed, you need to prepare incorporation documents:
- A Memorandum of Association stating the company’s details
- Articles of Association that sets out the rules for governance
- Proof of identity and proof of residential address for all directors, shareholders, and key personnels
Step 3: File the application with the Registrar
Next, submit your application to the Cayman Islands General Registry through the online site or in person at their office. Your submission should include:
- Completed application form
- Memorandum and Articles of Association
- Supporting KYC documents for key officers
- Applicable registration fee
The Registry typically approves well-prepared applications within 3–5 business days. Upon approval, you will receive a Certificate of Incorporation.
Step 4: Open a corporate bank account
You will need a corporate bank account to conduct business and manage transactions. You can open the account with a local Cayman bank, an online international bank, or an Electronic Money Institution that supports cross-border operations.
Due to strict anti-money laundering standards, account approval can take several weeks.
Step 5: Maintain ongoing compliance
A Cayman Islands company must file an annual return with the Cayman Islands General Registry, pay the annual government fee, and keep accurate accounting records. Additionally, you may need to submit an Economic Substance Notification or reports if your business carries out relevant activities.
Formation Packages
Choose the plan that fits your business scale.
* Prices are subject to change based on specific requirements and additional services. ** Renewal fees are estimated and may vary.
Frequently Asked Questions
What are the advantages of exempted company types?
Exempted companies benefit from a tax-neutral status, no public record of shareholders, and minimal annual reporting requirements, making them ideal for international business.
How to name an exempted company in Cayman Islands?
The name must be unique and not similar to existing entities. It can include foreign characters if a translation is provided. Restricted words like 'Bank' or 'Trust' require special approval.
What are the requirements to set up an Exempt Company in Cayman Islands?
You need at least one shareholder and one director (can be the same person), a registered office in Cayman, and to file the Memorandum and Articles of Association.
How much is the government fee for setting up a Cayman exempted company?
The government fee depends on the authorized share capital. Our packages include the standard government fees for incorporation.
How long will it take to incorporate a company in Cayman Islands?
Typically 3-5 business days after submission of all required documents.
How can I search for a company in the Cayman Islands?
You can search via the Cayman Islands General Registry's online portal (CAPS) for basic information.
Why do companies incorporate in the Cayman Islands?
For tax neutrality, political stability, a well-regulated legal system based on English common law, and access to global financial markets.
Should I form a Cayman LLC or Cayman Exempted Company?
An Exempted Company is better for IPOs and holding shares, while an LLC offers flexible management structure similar to a partnership. The choice depends on your specific business goals.