Offshore Companies Registration |
| Company Registration in Cayman Islands |
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| Cayman Islands is one of the only two offshore centers approved for public listings on the Hong Kong Stock Exchange. |
Corporate Requirements |
- One or more shareholder, either a natural person or legal person, of any nationality;
- Bearer shares are allowed (must be held by approved custodians);
- One or more director (corporate directors are permitted);
- No requirement on registered capital (normally a minimum of USD 50,000);
- The capital can be divided into 50,000 shares, and each share costs USD 1;
- A registered office in Cayman Islands;
- Annual returns must be lodged
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| Name of Company |
- Should not contain wordings such as BANK, TRUST, MUTUAL FUND, INSURANCE or REINSURANCE except with special permission;
- Do not have to end with "Limited";
- Chinese name is acceptable (English translation needed)
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| Taxation |
- Except for annual license fee, no taxation is required
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| Company's Privacy |
- Roster of shareholders would not be disclosed publicly;
- Details of directors and shareholders are not disclosed in annual returns
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| Fees |
- USD 4,000 including first-year license fee and first-year registered address;
- 60% of the total fees as deposit, and the remaining payment should be settled upon issue of company registration certificate
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| Updates |
| In November 2001, the United States has signed a new agreement with the Cayman Islands, allowing the exchange of information for criminal tax evasion, administrative and civil matters on US federal income tax |
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