Register a Cayman Islands Company

Process of Registering a Cayman Islands Company

All registration procedures can typically be completed within 21 working days.

• 01

  Submit Company Name
  Verify and Confirm the Name

• 02

  Sign Agreement, Prepay or
  Fully Pay Registration Fees

• 03

  Government Approval
  Completion of Registration

• 04

  Send Complete Set of Documents via Express

Pros and Cons of Registering a Cayman Islands Company

• 1. Stable political, economic, and trade environment in the Cayman Islands;
  2. Well-established financial legal facilities;
  3. Cayman Islands government protects shareholder interests and does not disclose beneficiary identities;
  4. Government encourages economic development, attracts foreign investment, and allows a single individual to register a limited company;
  5. Government provides privacy protection for businesses, ensuring high confidentiality of director and shareholder information, which remains completely undisclosed to the public;
  6. Freedom to choose a name, allowing the use of various country company endings;
  7. No upper limit on registered capital, and no stamp duty required;
  8. No restrictions on business scope, and no forex controls;
  9. No need to provide audit reports, only need to keep records reflecting economic conditions;
  10. Profits from offshore operations are exempt from capital gains tax.

• 1. Firstly, there is no need for small and medium-sized enterprises to go through the hassle of registering in the Cayman Islands. For large enterprises, registering in the Cayman Islands may be due to having a sufficiently large domestic market and preparing to enter the Nasdaq for overseas listing. However, small and medium-sized enterprises do not have this need.
  2. Secondly, companies registered abroad may not be eligible for corresponding government subsidies. For example, modern cars, when initially sold domestically, receive significant government subsidies. However, if registered abroad, such subsidies may not be available due to lower taxation in the foreign country.
  3. Lastly, it may weaken national brand awareness. For instance, Samsung in South Korea had planned to register in the Cayman Islands before going public on the Nasdaq. However, due to strong domestic opposition, the company moved back to South Korea. This illustrates the significant importance of national brand awareness. Registering domestically can strengthen national consciousness and enhance brand identity to some extent.