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Cayman Islands - Exempt Private Limited Formation Key Information

Updated time: Feb 3, 2018 , 10:42 (UTC+08:00)

Cayman Islands - Exempt Private Limited

General
Type of entity Exempt Private Limited
Type of law Common
Shelf company availability Yes
Our time to establish a new company Normal 6 working days
4 working days in urgent
Corporate Taxation Nil
Double taxation treaty access No
Share Capital or Equivalent
Standard currency US$
Permitted currencies Any
Usual Minimum issued US$ 1
Usual authorised US$ 50,000
Directors or Managers
Minimum number One
Local required No
Publicly accessible records No
Location of meetings Anywhere
Members or Shareholders
Minimum number One
Publicly accessible records No
Location of meetings Anywhere
Company Secretary
Required No
Local or qualified No
Accounts
Requirement to prepare Yes
Audit requirements No
Requirement to file accounts No
Publicly accessible accounts No
Others
Requirement to file annual return Yes
Change in domicile permitted Yes

Documents required from customers

  • Passport of each shareholder/beneficial owner and director
  • Proof of residential address of each director and shareholder (Must be in English or certified translation version)
  • The proposed company names
  • The issued  share capital and par value of shares


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