The Cayman Islands is located in the British overseas territories in the northwestern Caribbean. It is composed of three islands, big Kayman, small Kayman and Kayman Braque, with an area of two hundred and fifty-nine square kilometers, a population of about sixty thousand, and English as the official and general language. Almost all the 25 largest banks in the world have subsidiaries or branches in Cayman. The total assets of the island's financial industry and trust industry have exceeded 250 billion US dollars, accounting for 7% of the total US dollar transaction volume. About more than 4000 companies are registered here annually. The reason why this small island country is so attractive is mainly its financial policy. There are only several simple categories of taxes on the island, such as import tax, stamp duty, business registration tax, tourist tax and so on. For decades, there has been no direct tax on personal income tax, corporate income tax, capital gains tax, real estate tax, inheritance tax and so on. Foreign exchange enters and goes freely in Cayman, and financial information of investors from various departments is tight lipped.
Advantage:
1, the Cayman Company Incorporation information is completely confidential;
2, Cayman Company Incorporation's business operation is convenient and its tax system is reasonable.
3, Cayman Company Incorporation does not need to hold shareholder meetings or board meetings annually.
4, there are many kinds of financial services, and there are not many restrictions on the use of the company.
5, all aspects of the world leading position, its policy suitable for listing, can be listed in Hongkong or the United States;
Basic requirements:
1, determine the name of the Cayman Company Incorporation;
2, to provide at least one Director / shareholder, who may be a natural person or a legal person, and has no nationality; (for example, a legal person enterprise: a company licence must be provided);
3, to provide proof of address of directors and shareholders, that is, a list of names and addresses, such as water bills or telephone bills.
4, sign the Cayman Company Incorporation's power of attorney and provide all the directors' identity cards or passport photocopies.
5, the Cayman Company Incorporation name has no special requirements, but unless it is concessionary, the name can not be used Bank, trust, Insurance and other words.
6. Standard authorized capital is generally USD50000 yuan, which can be divided into 50000 shares, USD1 yuan per share.
Time: about 30 working days
Annual review: declare to the government of Anguilla every year.