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Cayman Islands Exempt Company is a model example of an offshore company guaranteeing high level of confidentiality. The data concerning directors and shareholders is not published in the business register and privacy protection is guaranteed by Confidential Relationship (Preservation) Law. The only data which appears in the registers are company name and address.
The companies are completely exempt from taxation, thanks to which they are so often used for international trade. What is more, the companies provide advisory, marketing, leasing services, own real estate, copyrights and trademarks, and also register ships. Cayman Islands Exempt Companies may be used for virtually every type of activity, except few licenced sectors.
Among the indisputable advantages of Cayman Islands Exempt Companies is the fact that to form a company you need only one person – physical or legal, who may be both a shareholder, a director and a company secretary.
Cayman Islands Exempt Company is formed fast, with minimum formalities. The entire process takes only 5-6 days, but it may be shortened to 1 day upon making a payment in the amount of 488 USD.
Cayman Islands Exempt Companies are easy to manage, there are no obligations with regard to management board or shareholders’ meetings (but if they take place, minutes of their resolutions should be kept at the company’s registered office).
As the official language in the islands is English, all company documents are prepared in this language.
Advantages of having a Cayman Islands Exempt Company
Nominee
Cayman Islands Exempt Companies may be, and usually are, established by nominee directors and nominee shareholders, in order to provide the owners the greatest level of confidentiality, and also to safeguard company assets, protect them from creditors, guarantee tax minimisation and manage inheritance in any way.
Standard company formation time in the Cayman Islands is 5-6 days, but it is possible to shorten it to one day upon an additional payment.
One stop shop is one of our key principles, thanks to which we offer comprehensive services in various areas, to help our clients at any stage of doing business.
Our consultants work in various countries of the world and in various time zones, to guarantee you 24/7 service.
Cayman Islands Exempt Companies may be formed remotely. The Cayman Islands is one of the countries where you need a licenced agent to establish a company, so there is no need to come to the country at all.
Working with us, you may be certain you put tasks in the hands of professionals, we will take care of everything and exercise due diligence to have all issues taken care of in a fast and efficient way.
Just drop us an email or give us a call and we will send you short list of information that we need. After you provide it to us you can come anytime to proceed with the formalities.
Establishing a new company in Cayman Islands is a structured process that typically takes 3-5 business days. ShelfCompanies24 handles the entire formation process on your behalf, from preparing the articles of association to registering with all relevant authorities.
The following legal structures are available for company formation in Cayman Islands:
| Company Type | Description |
|---|---|
| Exempted Company, LLC, Exempted Limited Partnership, Segregated Portfolio Company | |
The minimum share capital requirement is No minimum (standard authorized: CI$50,000).
Companies formed in Cayman Islands are subject to a corporate tax rate of 0% (no direct taxation). The standard VAT rate is No VAT. The currency is KYD (Cayman Islands Dollar, pegged to USD).
Standard company formation in Cayman Islands takes approximately 3-5 business days. For exact pricing tailored to your specific requirements, please contact our consultants.
Company registration in Cayman Islands typically takes 3-5 business days. ShelfCompanies24 handles the entire process on your behalf.
You will need valid passport copies, proof of address, description of business activities, and proof of source of funds. Our team guides you through all documentation requirements.
Yes, foreign nationals can establish companies in Cayman Islands. There are generally no restrictions on foreign ownership of Cayman companies.
The minimum capital requirement in Cayman Islands is No minimum (standard authorized: CI$50,000). Our consultants can advise on the optimal capital structure for your business.
ShelfCompanies24 acts as your dedicated company formation agent in Cayman Islands. Our experienced team handles the entire registration process on your behalf — from preparing incorporation documents and liaising with local authorities to obtaining your company registration number, tax identification, and all required certificates. As a company formation agent with over 30 years of experience across 50+ jurisdictions, we ensure a smooth, compliant, and fast incorporation process. Whether you need a brand-new company or prefer a ready-made shelf company in Cayman Islands, our agents guide you through every step — including corporate bank account opening, registered address setup, and ongoing compliance support.
Contact our company formation agents today for a free consultation and competitive quote for company formation in Cayman Islands.