Business Consulting - A leading corporate and powering internation business development

Cayman Company Formation Detail


Background
	Political stability:	Stable
	Legal system:	UK common law
	Company type:	Exempted Company
	Disclosure of company information:	Protected
	Oversea profit:	Non-taxable
	Chinese Company name registration:	Possible (Additional 1,000 HK dollar for Chinese Company Name Registration)
Company formation Regulation
	Minimum shareholder:	One (Addition 300 HK Dollars if over 3)
	Minimum director:	One (Addition 300 HK Dollars if over 3)
	Corporate director:	Possible
	Company Secretary:	No requirement
	Standard Share Capital:	USD 50,000 (Additional fee required if excess)
Local Regulation
	Registered address or Registration Agency:	Necessary
	Local Company Secretary:	Not necessary
	Local Director:	Not necessary
	Local meeting:	Not necessary
	Director List storage in Company Registration Office:	Necessary
	Shareholder List storage in Company Registration Office:	Necessary
Annual Regulation
	Annual Report:	Required
	Annual Auditing:	Not Required
Estimate Duration and Fee
	Duration for New Company Formation:	30 working days
Shelf Company		Not available

Background


	Cayman Island located at the south of Cuba, inside the Caribbean Sea made up by 3 islands. It is British colony and was found by Columbus.

	Financial and service business is the major industry in Cayman Island. The local government worked hard on promotion offshore financial, and provides professional service and facilities to enhance the development.

	Cayman Island registered company is allowed to listing in Hong Kong. In 1997, Cayman island setup their own stock exchange market

Registering Company in Cayman


	Cayman Island has stable political environment, and no foreign exchange control, no direct business tax for oversea company, and strictly protects investor information. All this helps Cayman to be one of the most famous offshore financial centers.

	Offshore Company in Cayman can wave for company tax, profit tax, income tax, property tax and other related tax.

	Offshore banking and financial center in Caribbean Sea

	Popular registration location for mutual fund

	Cayman Island Company can list in Hong Kong

Advantage and aim of formation

Company name:
Company name should be in English, and ended with “LIMITED”. Company name should not include “Trust Company”, “Bank” or similar wording unless approved by their government.

Standard Share Capital:
Standard registration share capital is USD 50,000. No capital examination required and capital need not paid up.

Director:
At least one, no nationality limitation, individual or corporate is also allowed

Shareholder:
At least one, no nationality limitation, individual or corporate is also allowed

Company Secretary:
No restriction, no nationality limitation, individual or corporate is also allowed

Registration agency/Registered address:
Necessary. Require one local authorized registration agency. We will provide Registered address and its fee is already included in the registration fee and annual fee.

Required documents:

1)	Company name
2)	Directors and shareholders information (address prove, nationality, passport or ID card copy) Address prove: Government letters or bank and property documents  ** Passport and ID card copy should be notarized by CPA (Additional 1,500 fee per person)
3)	Share allocation list (if more than one shareholder)
4)	Professional (Bank/CPA/Lawyer) Sponsor letter

Registration process


Stage One:	Name search (Company name should be drafted by you or enquiry for shelf companies’ name)

Stage Two:	Provide basic information about directors and shareholders (including address, nationality and passport or ID card copy); Confirm company structure, share allocation and fill in the related application form

Stage Three:	Signing appointment agreement and related government documents and pay the first payment

Stage Four:	We will inform you once the registration completed, and please sign for collecting company kits and settle the last payment

Stage Five:	After-sale management service enquiry (if necessary)

Our service


We have many shelf companies ready for sales. We can also registration name company with you chosen name; we also provide name search service. Company document will be well prepared in folder.

Our company kit includes:
1	Certificate of Incorporation
2	Company Memorandum and Articles
3	Director Appointment Documents
4	Director and Shareholder list
5	Provide public telephone and fax
6	Company Chop 1 Set
7	Metal Chop 1 Set
8	Share book
9	Share transaction Contract (Shelf Company Only)
10	Folder Box (filing all the above documents)

Back