Setting up an Exempted Company in the Cayman Islands is a business strategy popular with foreign investors looking to minimize, or completely remove, liabilities for taxation when operating internationally.
Here are the three most important advantages of business incorporation in the Cayman Islands:
- Easy Registration, minimal reporting
- Strong privacy protection
- Absolutely no direct taxation
Easy Registration, minimal reporting Incorporating in the Cayman Islands requires minimal paperwork and there are few operational or reporting requirements. Just one shareholder and director is needed, and they can be the same person/entity, can be a foreign citizen, and can be based anywhere in the world.
Strong privacy protection A tax-free operating environment and extremely light business maintenance requirements are bolstered by strong investor privacy protection. While a registered office must display a company’s name, and anybody can find the registered address from publicly available records at the Cayman Islands corporate registry, companies are not required to disclose the names of their directors or shareholders.
