What are the requirements to register a Cayman company and what are the requirements to register a C

Updated on Financial 2024-02-26
12 answers
  1. Anonymous users2024-02-06

    Company Composition: At least one, which can be a natural person or a body corporate of any nationality.

    Company ending: The company name must end with "****", such as: limited, corporation, incorporated or their abbreviations, such as:

    Ltd, Corp, company names cannot end with "trust company" or "bank" or other words deemed to have similar meanings unless these companies are licensed in Cayman.

    Corporate Taxation: Exemption from taxation on any business activities and commercial activities carried out outside of Cayman.

    Financial statements: Financial statements are not required for offshore companies to operate.

    Registered capital: Usually the authorized equity capital is USD50,000

    Company Director: One or more directors, who can be a legal entity or a natural person of any nationality.

    Company Secretary: Optional, can be a natural person or a body corporate. The company secretary is generally provided by the company and the fee is included in the registration fee or annual fee.

    Registration fee: The general company registration fee is RMB 23,000, including all fees for the first year such as company registration** fee, first year registered address fee, first year company secretary fee, first year ** license, etc.

    Bank account opening: When applying for a bank account for a new company (i.e. a company registered within one year), the bank will generally require the customer to present a Certificate of Incumbency. In the case of an old company, banks will generally require customers to produce both a Certificate of good Standing (also known as a Certificate of Good Standing) and a Certificate of Incumbency (also known as a Certificate of Incumbency). In addition, the bank will require the customer to provide a certified copy of the registration document of the accountant or law firm.

  2. Anonymous users2024-02-05

    Advantages of registering a Cayman company:

    1. The procedures for establishing a company are simple, the company name requirements are relaxed, and there is no need to go through complicated review procedures, which shortens the time required for company registration and can quickly establish a Cayman company.

    2. Only one person is required to register a Cayman company, and the company only requires at least one shareholder or director of the company, and the shareholder and director can be the same person, with free nationality.

    3. There is no minimum limit on the registered capital of a Cayman company, and there is no upper limit on the registered capital, and there is no need to pay stamp tax or actual capital verification.

    Cayman Company Registration Requirements:

    1. Company name: The English name of the company must end with "limited, corporation or their abbreviations, and the Chinese name can also be submitted. Chinese names are subject to an additional fee.

    2. Registered capital: The standard registered capital is 50,000 US dollars.

    3. Requirements for directors: At least one director (natural person aged 18 or above) must be appointed, and a natural or legal person of any nationality and place of residence can serve as a director at the same time; Directors' information must be disclosed to the Companies Registry, but such information will not be made available for public search.

    4. Shareholder requirements: At least one shareholder (natural person over 18 years old) must be appointed, and a natural person or legal person with any nationality and any place of residence can serve as a shareholder at the same time; The information of shareholders only needs to be filed with the registered person. Different needs and different equity structure construction, if you need to understand, you can also consult separately.

  3. Anonymous users2024-02-04

    Application materials: 1. Registered authorized capital: the minimum registered capital is 50,000 US dollars;

    2. Requirements for directors: At least one director must be appointed, and natural persons (over 18 years old) or legal persons without nationality restrictions can serve as directors at the same time; Directors' information must be disclosed to the Companies Registry, but such information will not be made available for public search.

    3. Shareholder requirements: at least one shareholder must be appointed, and no natural person (over 18 years old) or legal person with no nationality restriction can serve as both a director and a shareholder; The information of shareholders only needs to be filed with the registered person.

    4. A letter of introduction from a professional (accountant or lawyer);

    5. Registered person: A Cayman company or individual (with Cayman residency status) must be appointed as the registered person;

  4. Anonymous users2024-02-03

    1. Company name.

    2. Registered capital: The standard authorized capital is US$50,000, divided into 50,000 shares, and US$1 per share.

    3. Directors of the company:

    4. Shareholders of the company:

    6. Business scope: In principle, the company's business scope is not too restricted, and it can operate any kind of business under the premise of legality; Special industries such as finance, banking, credit, and insurance are subject to special approval.

    BVI registered companies need to open a bank account, you can learn about CBIBANK, this bank can open corporate overseas bank accounts, cross-border collection and payment, cross-border payment and other services. BVI, Cayman Islands, Singapore, Hong Kong registered companies can also experience the lowest account opening fee, and they are the first to open an account, it only takes 7 days to complete.

  5. Anonymous users2024-02-02

    Cayman Company Registration:

    1. The name of the Cayman company.

    2. ID cards or passports of directors and shareholders.

    3. Sample signatures of directors and shareholders.

  6. Anonymous users2024-02-01

    The quasi-authorized capital of the Cayman Company is US$50,000, divided into 50,000 shares at US$ per share; No capital verification is required, no need to be in place.

  7. Anonymous users2024-01-31

    1. The Cayman company does not have many restrictions on the registered capital of the company, generally 50,000 US dollars as the minimum registered capital;

    2. The shareholders and directors of a Cayman company can be legal persons or natural persons, and there is no nationality restriction;

    3. Cayman Islands offshore companies can choose to issue registered or bearer**;

    4. The registered address of the Cayman company must have an actual place of registration in Cayman;

    5. The name of the Cayman company does not have too many special requirements, and it can have a Chinese name;

    6. There are no financial and tax regulations for the registration of a Cayman company, and there is no need to prepare and submit financial statements, except for the annual license fee, there is no need to declare or pay any taxes;

    7. The Cayman company does not need to hire a local secretary;

    8. The requirements for opening a bank account in a Cayman company can only be made after the company registration is completed, and the director needs to handle it when opening an account.

  8. Anonymous users2024-01-30

    1. The name of the Cayman company.

    The company name cannot be similar or identical to the name of an existing company; Secondly, if the name wants to include words such as bank, **, insurance, trust, rebanking, etc., it needs to be approved first; Then, the company name is allowed to contain words such as international, group, holding, industrial, etc.; If the company name needs to be added in Chinese, it must have an English translation, and the registration documents must be written in English.

    2. Composition of Cayman Company.

    To register a Cayman company, there must be at least one ** owner, at least 18 years old, both natural and legal persons, and no nationality is limited; There must be at least one director, with the same requirements as shareholders; It is not necessary to have local shareholders and directors for the establishment of a company, but a Cayman company or an individual with local residency status must be appointed as the registered person.

    3. Registered address of the Cayman company.

    The location must be located within the jurisdiction of Cayman**; It is possible to set up a company office in China.

    4. The business scope of the Cayman company.

    Register a Cayman company, with a wide range of business scope, as long as it is legal, you can choose freely.

    5. The registered capital of the Cayman company.

    There is no limit on the capital of a Cayman registered company**, but it is generally at least US$50,000; The capital can be divided into 50,000 shares at $1 per share, which is used as internal financing for the company; You can choose to issue a registered or bearer**.

  9. Anonymous users2024-01-29

    1. Registered capital: The Cayman Islands** has no restrictions on the registered capital of its offshore company, 2. Shareholders: at least one shareholder, who can be a natural person or a legal person, and there is no nationality restriction. Cayman Islands offshore companies can choose to issue either registered or bearer**;

    3. Director: At least one director is required. The director can be a legal or natural person and there are no restrictions on nationality;

    4. Registered office: the registered office must be located in the Cayman Islands;

    5. Company name: Cayman company registration has no special requirements for the company name, regardless of the size of the registered capital, the company name is allowed to contain international, group, holding, industrial and other words, and please note that if the company name appears bank (bank), trust (trust), mutual fund (**), insurance (insurance), or reinsurance (reinsurance) and other words, it needs to be licensed by the relevant ** department. If you need to add Chinese, you need to have an English translation, and the registration document must be written in English.

    6. Financial statements: Registered Cayman companies do not need to prepare and submit financial statements;

    7. Tax requirements: A registered Cayman company does not need to declare or pay any taxes, except for the annual license fee.

  10. Anonymous users2024-01-28

    The Cayman Islands is the fifth largest international financial centre in the world, and companies registered here are exempt from tax obligations. Such a huge preferential policy makes the Cayman Islands the best choice for registering foreign-invested companies in the world. So how do you register a Cayman company?

    Let's take a closer look at the detailed introduction of Mande Enterprise Service.

    1. Conditions for registering a Cayman company.

    To register a company in Cayman, there is no restriction on the number of shareholders, even one person can be registered, the shareholder can be a natural person or a legal person, and there is no nationality restriction, but the company must have at least one director, who can also be a legal person or a natural person, and there is no nationality restriction.

    2. Name selection for registered Cayman company.

    There are no special requirements for a Cayman registered company in the company name, and it is allowed to contain words such as international, group, and holding, but if words such as bank, trust, insurance, and ** need to appear, it needs to be licensed by the relevant ** department. It is also possible to register a Chinese name, but an English translation is required.

    3. Information to be provided for the registration of a Cayman company.

    When registering a company, it is necessary to submit the basic information of the company's shareholders and directors, including nationality, passport, address, etc., as well as a letter of introduction issued by a professional or bank, and proof of address of the company's shareholders and directors.

    4. Advantages of registering a Cayman company.

    1. It is convenient for enterprises to carry out transnational business. Many enterprises often suffer from the restrictions of their parents if they have cross-border business to operate, but if they register a Cayman company, it can become a shortcut for enterprises to develop international business and go global.

    2. It can circumvent foreign exchange control, which is more conducive to the capital operation of enterprises, which is a great attraction for countries that implement foreign exchange control.

    3. If there is a Cayman company in Chongguo, the enterprise exports products to the Cayman company, and then the Cayman company exports to the developed countries, so that tariff barriers and export quota restrictions can be circumvented.

    4. The tax burden is slight and double taxation can be avoided.

    5. The registration procedure is convenient, the maintenance cost is very low, and the company management is simple.

    6. The legal environment is relaxed. The location is based on the UK Business Companies Act, which is conducive to attracting overseas companies to incorporate.

    The registration of a Cayman company is completely free of taxation, whether it is for individuals, companies or the trust industry. So the Cayman Islands is known as a real tax haven. For more information on the registration of popular companies, please click here

    Zhengzhou company registration, Wuhan company registration, Changsha company registration.

    How much does it cost to register a company? Find MIND Enterprise Service rest assured, the company agency is safe and efficient, the tax consultant is professional, and the MAN Enterprise Service one-stop service expert.

  11. Anonymous users2024-01-27

    The Cayman Islands is an island well known to corporate investors around the world, and its reputation lies in the Cayman company, and the Cayman Islands have many companies registered in the Cayman Islands every year, making Cayman one of the preferred company registration places for enterprises to expand their overseas business.

    1. Cayman's political, economic and environmental stability;

    2. Have good financial and legal facilities;

    3. Cayman** protects the interests of shareholders and does not disclose the identity of the beneficiary;

    4. Encourage economic development and attract foreign investment, and one person can register one;

    5. Provide privacy protection for enterprises, and the information of directors and shareholders enjoys a high degree of confidentiality, absolute confidentiality, and is completely not open to the public;

    6. Freedom of name, allowing the use of multiple national company ending forms;

    7. There is no upper limit on the registered capital, and there is no need to pay stamp tax;

    8. There is no restriction on the scope of business and no foreign exchange control;

    9. There is no need to issue an audit report, only the information needs to be retained to reflect the economic situation;

    10. Profits from offshore operations are not subject to profit tax.

    What information do I need to provide for registration?

    1.Provide the name of the company;

    2.Provide legal person certificates;

    3.Provide a curriculum vitae;

    4.Submitted for registration by ** company;

    You only need to provide the above information to complete the registration, and the registration certificate, official seal, steel seal and other information are complete.

    The registration time is around 15-30 business days.

  12. Anonymous users2024-01-26

    1.Cayman company name: You must be cautious when choosing a name, and you can't end with sensitive words such as bank, trust, ** insurance, etc.

    2.Cayman company's business scope: Cayman company's business scope does not allow projects such as bitcoin, blockchain, digital assets, digital currencies, and high-risk projects such as oil.

    3.Authentication information is indispensable: in the early stage of Cayman company registration, when collecting shareholder or director information in the early stage, a copy of the identity document and address certificate of the shareholder director, all the documents ** institutions need to do the approval and certification, that is, to find an accountant or relevant lawyer to do the certification, before the registration procedures can be submitted.

    4.The annual review of the Cayman company needs to be on time: after the registration of the Cayman company, the annual review must be completed on time, and it must be compliant and legal, otherwise a certain fine will also be incurred.

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