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CAYMAN


Brief Introduction
Financial services are a major industrial in Cayman Islands. Its offshore financial services are developing constantly and more and more popular gradually by the Asians so that its reputation becomes distinguished. Cayman Islands established its Stock Exchange in 1997.
Cayman Islands is and England colony. Therefore, its company law is made according to English Company Law, 1948, and the details can refer to Companies Law of the Cayman Islands,1960 and the later related amendment. 
Each big multinational accounting firm has established the office in Cayman Islands. Many famous law offices in the local provide professional services and communications and traffic facilities are perfect. It only takes one hour between Cayman Islands and Miami by air. There are direct flights to New York, Atlanta, Tampa, Houston and Jamaica. Meanwhile, Cayman Islands is also a popular hot spot of travel by tourism ship on the vacation at sea. 


Advantages and Features
1. Cayman Islands companies can list in Hong Kong according to the approval of Hk Stock Exchange;
2. There are multiple funds and credit investment area;
3. Chinese Names are available;
4. Any forms of taxes are not related with individual, legal person or credit in Cayman Islands. 
5. The public can’t refer the information of directors and shareholders. 


Cayman Company Incorporation

General Requirements 
Type of Company
Exempted Company                                                   
Type of Law Common Law
Time to establish 15-20 working days
Tax on Offshore Profits Cayman company doesn’t need to declare or pay tax , except annual  fee
Foreign Exchange No
Corporation Requirements 
Company Name  Chinese Names allowed (will charge extra fee) The name end with” limited company “such as LIMITE, CORPORTION, INCORPORATED
Min Registered Capital  $50,000USD, divided into 50,000shares and value $1 USD/share. May issue nominal shares or bearer shares.
Min Number of Director(s) At least one , can be either a natural person or a legal entity ;Copy of ID Card or passport ;Valid address proof; 
Min Number of Shareholder(s) At lease one , can be either a natural person or a legal entity ;Copy of ID Card or passport ;Valid address proof ;Registered proportion of share;
Local Registered Office and Registered Agent Required yes
Company Secretary Required Yes
Annual Requirments 
Annual Maintenance  Jan. each Year
Registered Address and Registered Agent Renewal Yes
Certificate of Incorporation Yes
Submit Audited Accounts No
Annual General Meeting  No


More sercvies related to offshare company Incorpoaration and Annual Return, please contact Oden Consulting Firm via (86)021-6199 7083/ Email: master@odenchina.com 


Contact us: 

Shanghai Oden Consulting Firm 
Address: R1603, No.1085 South Pudong Road, Pudong District, Shanghai.
Email: master@odenchina.com
T:021-61997083
Person: Wendy 13661971521
Working time: Monday –Friday (9:00-12:00AM&1:00-6:00PM)


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