Our Services - Offshore Company Formation, Nominee Director, Nominee Shareholder, Mail forwarding and Bank Accounts

Offshore Formations 247 specialize in Cayman Islands company formations ranging from simple company registrations to complex structures including offshore Trusts and in providing a very comprehensive assortment of administrative services to Cayman Islands companies, including the provision of Nominee Director, Nominee Shareholder, Mail Forwarding and Bank Account services. We are also able to offer a 'transfer in' service whereby we can take over the management of your existing Cayman Islands Offshore Company, often for no cost at all. Our specialist Cayman Islands company formation and company registration team:

• Retains well-established affiliations with local company agents in the Cayman Islands
• Maintains an experienced staff with knowledge of legal requirements for company formation in the Cayman Islands
• Guarantees that all company filing fees and documents are up-to-date and notifies clients of all Cayman Islands compliance changes
• We are NOT tax planners or advisers and as such cannot give advice to clients regarding the advantages / disadvantages of Cayman Islands offshore structure

Call our specialist Cayman Islands company formation team FREE on 0808 168 3676. If you are calling from outside the UK, please call us on 0044 (0) 208 492 6388

Cayman Islands Companies and their Tax liability

The Cayman Islands offer the traditional benefits of a tax haven since they currently have no Income tax or corporation tax; no capital gains tax; no inheritance tax or other estate taxes. A Cayman Islands company can trade anywhere in the world except within the Cayman Islands.

Cayman Islands Offshore Company Banking

The Cayman Islands is one of the world's top tax havens and has the largest offshore banking centre in the world with over 600 banks. The Cayman Islands are also home to some big trust companies. Offshore Formations 247 can incorporate Cayman Islands companies with a choice of offshore bank accounts at the time of formation. Combining the two saves time and couldn't be simpler.

Cayman Islands Offshore Company Formation / Registration in 1 - 2 days!

Offshore Formations 247 are able to offer every type of offshore company except those that are operating in banking and banking services which must be licensed. Company formation can take as little as 1 to 2 days. The Cayman Islands provide for exempt companies, trusts and exempt limited partnerships which offer a 50-year Certificate of Tax Exemption against any future Caymans taxation. This is particularly popular as it provides an element of security to any would-be investor. Cayman Islands companies are regularly used by US businesses looking to trade in China for both tax planning purposes and providing a suitable exit strategy (Cayman Islands companies are approved to be listed on the Hong Kong Stock Exchange).

Cayman Islands Offshore Company Anonymity and Disclosure.

Cayman Islands companies are traditionally well known for their confidentiality. Shareholder and Director registers are not available for public inspection. There is no requirement to file annual accounts, and therefore these are not publicly accessible. Nominee directors and shareholders are often used.

Cayman Islands Offshore Company Shares

Shares are permitted with or without par value, bearer shares, preference shares, voting or non voting shares and in any currency.

CORPORATE INFORMATION

Type of entity	Exempt
Type of law	Common
Shelf company availability	Yes
Our time to establish a new company	1-2 days
Minimum government fees (excluding taxation)	US $732
Corporate Taxation	Nil
Double taxation treaty access	No

SHARE CAPITAL OR EQUIVALENT

Standard currency	US $
Permitted currencies	Any
Minimum paid up	US $1
Usual authorised	US $50,000

DIRECTORS

Minimum number	1
Local required	No
Publicly accessible records	No
Location of meetings	Anywhere

SHAREHOLDERS

Minimum number	1
Publicly accessible records	No
Location of meetings	Anywhere

COMPANY SECRETARY

Required	No
Local or qualified	No

ACCOUNTS

Requirement to prepare	Yes
Audit requirements	No
Requirement to file accounts	No
Publicly accessible accounts	No

OTHER

Requirement to file annual return	Yes
Change in domicile permitted	Yes

• A minimum of one Shareholder and one Director is required. They may be of any nationality and need not be resident in Cayman Islands
• Shareholder and Director registers are not available for public inspection
• Total exemption from all forms of local taxation including stamp duty
• Company can be formed and registered within one to two working days providing due dili­gence is in order
• Foreign companies from approved jurisdictions may apply to be registered by way of continuation as a Cayman Exempted Company
• Sophisticated legal, accounting and banking services
• Excellent political stability
• PLEASE NOTE - A Cayman Islands company is due for renewal (2nd Year fees) on the 1st January of each year, independent of when the company was incorporated