The Cayman Islands are one of the most recognized offshore hubs in the world. Investors, entrepreneurs, and multinational groups often look here when they want privacy, flexibility, and global credibility. If you’re exploring how to set up a Cayman Islands company, this guide explains everything you need to know, from the benefits and legal framework to costs, entity types, and registration steps.
A Cayman company is an offshore entity formed under the Cayman Islands Companies Law. It is widely used by entrepreneurs, investors, and multinational firms for international trade, asset protection, holding structures, and investment funds.
Businesses choose to incorporate in Cayman Islands because the jurisdiction offers:
Efficient process: Company formation is quick, often within a few business days.
When you start a company in Cayman Islands, you can choose from several structures depending on your business goals:
To move forward with Cayman incorporation, here’s what you generally need:
Getting started is simple. Our firm provides full legal and accounting support from day one:
Cayman law requires you to work with a licensed professional for incorporation.
LLC, exempted company, foundation, or limited company.
Including identification and proof of address.
Through your registered agent.
Confirming your company is legally active.
Optional, but recommended for global operations.
The Cayman Islands incorporation cost depends on the type of entity and the services you require. Typical expenses include:
While costs vary, investors often find Cayman competitive compared to other offshore jurisdictions given its global acceptance.
If your goal is not just to form a holding entity but to start a business in Cayman Islands, you’ll also need:
This is common for businesses in tourism, finance, and professional services that want to set up business in the Cayman Islands and serve local clients.
Once you register business in Cayman Islands, you must maintain:
Failure to meet these requirements can result in penalties or removal from the Cayman company register.
Still deciding if this structure is right for you? Hear directly from clients who trusted us with their Cayman Islands incorporation.
UK
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The process is fast, usually 3 to 5 business days once documents are submitted to a licensed agent and filed with the Cayman Islands company registry.
Yes. Foreigners can fully own a Cayman Islands limited liability company or exempted company, and no local shareholders are required.
. What is the difference between a Cayman Islands LLC and an exempted company?
An LLC is flexible and operates under contractual terms similar to the U.S. LLCs. An exempted company is the most common offshore entity used for global trade, asset holding, and investment structures.
Setting up a company in the Cayman Islands gives you tax neutrality, a stable political environment, and a business-friendly legal system. It is one of the most recognized offshore jurisdictions worldwide, offering confidentiality, flexibility, and quick incorporation compared to many other countries.
Yes. The Cayman Islands remain one of the most established tax havens because there are no corporate, income, capital gains, inheritance, or property taxes. In addition, there are no restrictions on foreign ownership, making it attractive for international investors and businesses.
The average cost to establish a company in the Cayman Islands starts around USD 5,300 for incorporation and first-year government and service fees. Renewal fees typically start from USD 2,990 annually. Costs vary depending on the entity type and professional services required.
