Can I set up a company in the Cayman Islands?
Yes, setting up a company in the Cayman Islands is open to individuals and businesses worldwide. The process is streamlined, flexible, and does not require you to be a resident. Here's what you should know:
1. No residency requirement
Foreign individuals and entities can fully own and manage a Cayman company without local presence.
2. Simple incorporation process
Company formation typically takes 1–5 business days with assistance from a licensed service provider.
3. Popular company type
The Exempted Company is the most commonly used structure for offshore businesses, asset holding, or international investment.
4. Minimal requirements
- Only one director and one shareholder are required (can be the same person).
- No minimum capital requirement.
- Must maintain a registered office in the Cayman Islands.
5. Remote setup available
Document submission and identity verification procedures can be accomplished entirely online with ease and pretty quickly.
6. Ideal for international operations
Widely used for holding companies, fund structures, IP management, and cross-border business activities.
7. Trusted international support
Offshore Company Corp provides legal guidance, nominee services, bank account support, and annual maintenance, ensuring compliance and confidentiality.
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