Cayman Islands Company Formation
The Cayman Islands are a British Overseas Territory in the Caribbean and a popular jurisdiction for offshore companies, offering tax neutrality, flexible corporate structures and an established legal framework.
The Cayman Islands are a major offshore financial centre. The government actively supports offshore financial services, and the islands host many licensed banks, trust companies, major accounting firms and law firms. The Hong Kong Stock Exchange also accepts companies incorporated in the Cayman Islands for listing.
Advantages of Registering a Cayman Islands Company
High Levels of Privacy
When you form a Cayman Islands company, details of its directors and shareholders do not need to be made available for public inspection.
Low Taxation
If your company is incorporated in the Cayman Islands, all business income and profits are exempt from taxes, apart from the statutory annual registration fee.
Political and Economic Stability
The Cayman Islands perform strongly in key sectors such as tourism and international corporate services. Government support, developed offshore legislation and international accounting expertise make a Cayman Islands company an attractive choice.
A Well-Established Legal System
The Cayman Islands’ legal framework is based on English common law, providing a stable, reliable and secure business environment.
An Advantageous Location
The Cayman Islands offer a favourable location for companies. As a major offshore financial centre, their strong international reputation supports company credibility in global markets. Funds can move freely, facilitating international trade and capital management.
| Service Items | Account Opening Package |
|---|---|
| Company registration service Company Registration Service | ✓ |
| A local Cayman Islands registered address Cayman Islands Registered Office Address | ✓ |
| Company seals and stamps Company Seal & Stamp | ✓ |
| Certificate of Incorporation Certificate of Incorporation | ✓ |
| Memorandum and articles of association Memorandum & Articles of Association | ✓ |
| Share certificates Share Certificates | ✓ |
| Register of Directors Register of Directors | ✓ |
| Government company registration fees Government Company Registration Fee | ✓ |
| Original Certificate of Incorporation Original Certificate of Incorporation | ✓ |
| Certificate of Incumbency Certificate of Incumbency | ✓ |
| First-year government fees, registered address and filing fees | ✓ |
| Total Initial Registration Fee | From HK$25,000 |
Start Your Business Your Way
Benefits of Registering a Cayman Islands Company
- Stable government
- British-style judicial system
- Privacy protection, without public disclosure of shareholder and director identities
- No company secretary required
- No tax returns or tax payments required
- Chinese company names permitted
- No annual returns, audit reports or financial statements need to be submitted
- An international business profile that supports financing
- Eligible for listing on the Hong Kong Stock Exchange
Cayman Islands Company Registration Requirements
- Company name: an English name is required; a Chinese name is optional and incurs an additional registration fee
- Standard authorised share capital for a Cayman Islands company: US$50,000, with shares of US$1 each
- At least 1 director and shareholder (who may be the same person)
- No maximum number of directors
- Directors may be individuals or companies
- Directors may be Hong Kong residents or non-residents, with no nationality restriction
- Please provide directors’/shareholders’ identification documents
- Please provide directors’/shareholders’ valid proof of address issued within 3 months
Registration Process for a New or Shelf Cayman Islands Company:
- Enquire about a new or shelf Cayman Islands company. For a new company, provide a proposed name for a name search. Our staff will supply the available shelf company list.
- Please provide directors’/shareholders’ identification documents and directors’/shareholders’ valid proof of address issued within 3 months
- A member of our team will contact you to verify your identity.
- After reviewing the required information, we will send the total fee by WhatsApp or email.
- Once payment is received, we prepare the formal registration documents promptly
- Sign the formal registration documents at our office, or receive them by courier and return the signed originals to us
- Once we receive the original documents and verify the details, we will submit the Cayman Islands registration documents and fees.
- If needed, you may collect the incorporation certificate and company document kit first.
- When the process is complete, we will notify you to collect the documents or arrange courier delivery.
- Your Cayman Islands company registration is complete and you can start your business.
**After documents and payment are received, a new Cayman Islands company’s document kit is usually available within 25 working days. A shelf company may require an additional 2-3 working days
Why Do Entrepreneurs Choose M&N Business Services?
- Licensed in Hong Kong: M&N Business Services Limited is a licensed company secretarial provider recognised by the Hong Kong government, offering dependable services.
- Comprehensive One-Stop Services: From company formation, company secretarial services and accounting and tax filing to virtual offices, we provide everything in one place, saving you the effort of coordinating multiple providers.
- An Experienced Team: Over the years, we have helped many SMEs and start-ups register successfully and handle complex situations.
- Clear, Transparent Fees: Our service plans have clearly stated prices with no hidden charges, so you can engage us with confidence.
Related Cayman Islands Company Registration Services
Company Incorporation Services
Company Secretarial Services
Tax Filing Services
Virtual Offices
Frequently Asked Questions
At least one shareholder and one director are required, and the shareholder may also act as director. Before incorporation, directors may be individuals or companies.
Yes. A corporate entity may be a shareholder of a Cayman Islands company.
A Cayman Islands company’s standard authorised share capital is US$50,000. Fees differ for more than 50000 shares. Contact the M&N Business team for details.
When you register a Cayman Islands company, shareholder details are not publicly searchable. International requirements therefore mean banks have specific requirements for opening accounts for a Cayman Islands company, including:
- Shareholders must provide valid personal proof of address, such as a water bill, electricity bill or bank statement, and proof of the Cayman Islands company’s address. If your Cayman Islands company is your first company and you cannot provide valid company address evidence, the bank will request proof of another company address.
- Copies certified by an accountant or lawyer: the Certificate of Incorporation, memorandum and articles of association, Certificate of Good Standing, consent to act as director, and registers of shareholders and directors.
Requirements vary by bank. To learn more about forming a Cayman Islands company, contact M&N Business.
After registration, we provide the Certificate of Incorporation, company seal, memorandum and articles of association and other documents. M&N Business can also help apply to the local government for a certificate confirming the company’s existence.
Common uses include holding accounts, trusts and funds. Some clients form a Cayman Islands company to hold shares in another company, buildings or other real estate.
No. Most offshore companies, including Cayman Islands companies, only need to keep director or shareholder details with the local agent.
No, but changing directors incurs an additional fee.
Requirements vary by bank. Contact M&N Business to learn more about registering a Cayman Islands company.