Cayman Islands location

The Cayman Islands is located in Jamaica West 268 kilometers north of Miami, 640 kilometers south of the Caribbean, consists of three main islands. Grand Cayman (Cayman) originated from the Caribbean crocodile, and traces of crocodiles were found on the coast when the Spaniards discovered the Cayman Islands in those days. Cayman Islands are tropical climate, dry climate in winter, the population of about 35000 people, of which the total population of 34% immigrants.

Since the Cayman Islands are still British territories, the head of the local government is appointed by the queen of england. Local residents can elect 12 congressmen, who can legislate and take care of the island's financial affairs.

Cayman Islands general information

The government of the Cayman Islands has been very stable for a long time, and English is the official language.

Traffic: at present, there are Cayman airlines, northwest, Pan American and American Airlines, between Miami and Cayman, and the journey takes about 1 hours.

Little Cayman and the Grand Cayman have a significant impact on world financial services, with the size and universality of the Grand Cayman being much larger than those of Central America and the Caribbean islands. More than 70% of the Cayman Islands residents are employed in financial and business related industries.

The rise of the Cayman Islands is mainly due to the government's ability to amend the law at any time to maintain its leadership in finance, insurance and business. At present, there are 588 world-renowned banks, all set up branches here, providing financial services, which attracted about 415 million U. s.dollars from all over the world. In addition the Cayman is one of the world's major market their local currency, the Cayman yuan use fixed exchange rate of $1.2 usd.

Cayman Company Incorporation features

(1) the registered capital of Cayman Company Incorporation

The Cayman Islands Government has no restrictions on the registered capital of its Off Shore Company, but the general practice is to use $50000 as the minimum registered capital. The capital can be divided into 50000 shares of $1 per share.

(2) Cayman Company Incorporation shareholders

At least one shareholder may be a natural or legal person with no nationality restrictions. The Caymen Islands offshore company may choose to issue bearer or bearer shares.

(3) Cayman Company Incorporation director

At least one director is required. The director may be a legal person or a natural person and without any limitation of nationality.

(4) registered Cayman Office

Registered offices must be located in the Cayman islands.

(5) name of Cayman Company Incorporation;

No special requirements for the name of the company, unless otherwise licensed, the name of the company does not appear BANK (bank), TRUST (trust), MUTUAL FUND (Fund), INSURANCE (insurance), or REINSURANCE (reinsurance).

(6) Cayman Company Incorporation tax requirements;

There is no need to declare or pay any tax, except for the annual licence fee.

(7) privacy of Cayman Company Incorporation;

The offshore companies registered in the Cayman Islands enjoy a high degree of privacy and the company's roster of shareholders is not publicly available.

Registered Cayman Company Incorporation and maintenance fees

(1) registered Cayman Company Incorporation fees;

Full registration fee includes first year licence fee, first year registration address and registered agent fee.

(2) maintenance costs of Cayman Company Incorporation;

Annual maintenance fees after registration include government fees, registration address and registration agent fees.