Caymans Exempted Company
You are looking to incorporate an offshore company for trading, consulting or as a holding we would suggest you the Caymans Exempted Company with a Bank Account package open at distance. Do not hesitate to contact us at connect@swissfintechpro.com for more information about this matter
Introduction:
Explore the advantages of a Cayman Islands Exempted Company, a premier choice for trading and holding overseas investments. This entity type offers significant benefits in terms of taxation, ownership, and operational flexibility.
Our Offer:
- Ideal for Trading and Investment Holding: A Cayman Exempted Company is best suited for trading and holding foreign investments.
- Tax-Free Environment: Enjoy zero local taxes on corporate income, capital gains, inheritance, or wealth.
- Restriction on Local Operations: These companies cannot employ Cayman residents or engage in local contracts.
- Full Foreign Ownership: Foreigners can own 100% of the company shares.
- Limited Liability Protection: Shareholders’ liability is limited to the unpaid share amount.
- Privacy Guaranteed: Shareholder and director identities remain private. Bearer shares are allowed.
- No Tax Obligations: The company and shareholders face no taxation in the Caymans. U.S. residents must report global income.
- Simplified Management: Only one shareholder and director needed, who can be the same person.
- No Mandatory Meetings: No need for shareholder or director meetings.
- Audit-Free: No set accounting standards or audit requirements.
- English as Official Language: Facilitates communication and documentation.
| Cayman Islands Exempted Company | Remote Account Opening |
| Offshore Account CIBC FirstCaribbean (Canadian Imperial Bank of Commerce) | Singapore Account DBS (Singapore) or OCBC (Singapore) |
| Company Formation inclusive of Government Incorporation Fee Registrar of Companies Filing Fee Stamp Duty Certificate of Registration Memorandum & Articles of Association Appointment of Company Director(s) First Board Resolution Share Certificate(s) Register of Members Register of Directors | 5,900 USD | 5,900 USD |
| Remote Bank Account Opening In Singapore remote account possible only until end of Covid19 lockdown | 1,000 USD | 2,000 USD |
| Total all included | 6,900 USD | 7,900 USD |
Yearly renewal fees payable in January 3,200 USD per year
About Cayman Exempted Companies:
These entities are governed by the Companies Law of 2013. Key distinctions include:
- Privacy in Membership: Membership details are private, unlike non-resident companies.
- Flexible Meeting Locations: Annual general meetings are optional and can be held globally.
- Amendment Freedom: Easy modification of Memorandum and Articles of Association.
- Protected Registration: The Registrar must give a month’s notice before striking off for non-payment.
- No “Limited” Suffix Required: Unlike non-resident companies, the term “Limited” or “Ltd” is not mandatory in the name.
Conclusion: A Cayman Islands Exempted Company stands as a highly advantageous option for those seeking an efficient, flexible, and tax-friendly corporate structure for international trading and investment. Its unique features provide a blend of privacy, simplicity, and operational ease, making it an excellent choice for global business endeavors.
Do not hesitate to contact us at connect@swissfintechpro.com for more information about this matter of Caymans Exempted Company
