| Location |
Caribbean, between Cuba and Central America
|
|
Currency |
Cayman Islands Dollar, CI$1.00 = US$1.20 |
Type of company |
Exempt Company, Non-resident company |
Minimum authorised share capital |
not fixed, standard USD 50,000 |
Minimum number of shareholders |
one, individual or corporate, resident or not |
Minimum number of directors |
one, individual or corporate, resident or not |
Bearer shares |
available for Exempt companies, but must be kept with a Custodian in the Cayman Islands |
Public disclosure of beneficial owners |
no, but details (including passport copies and references) for directors, shareholders and beneficial owners must be provided to the registered agent; Register of Director of Exempted companies must be filed with the Registrar (not a public document), for non-resident companies – Register of shareholders (public documents)
|
Taxation |
annual government fee of USD 573 (for share capital up to USD 50,000) |
Submit annual return and accounts |
no |
Additional information |
Hague Convention 1961 applies, no tax agreements |