What are the types of companies to register a Cayman company?

There are several types of Cayman company registration: 1Cayman Local Company:

This type of company is also called a resident company. 2.A Cayman non-resident company is a non-Cayman Islands resident company, and a non-resident company needs to apply for a non-resident company license certificate from the local finance department of Cayman.

3.Overseas company: A company registered in a country or region outside the Cayman Islands that does not have a business in the Cayman Islands.

4.Cayman Term Company: A term company must determine the term of the company in the form of a limited duration company, and the operating period cannot exceed 30 years.

5.Cayman exempted company: This type of company must have a company director at the time of registration, and this director cannot carry on business in Cayman unless he has direct assistance to the company's overseas business, and the exempt company cannot issue an invitation to Cayman Islands citizens to subscribe for their shares or debts, nor can they hold Cayman Islands land.

Investors who need to do overseas structures will also need to register this type of company.

Cayman Islands company legislation is based on English common law. There are two types of companies: exempted companies and non-resident companies.

An exempted company is a popular form of incorporation that does not necessarily need to be accompanied by **** (limited) at the end of its name, and can apply for a tax exemption certificate valid for up to 20 years, thus further enhancing its tax advantages.

There are five types of companies that you can choose from to register a company in the Cayman Islands, they are a local company, a non-domestic company, an exempted company, a term company and an overseas company.

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.

1. There is no tax on the registration of a Cayman company.

This provision is used by individuals, companies or the trust industry. There is no profit tax, property tax, etc., and the only tax is stamp duty, which is also an important reason why Cayman is one of the most popular offshore company registration places.

2. The legal environment for Cayman companies is relaxed.

To register a company in the Cayman Islands, its company law is based on the English Business Companies Law, and the legal environment is relatively relaxed, so it attracts many overseas companies to come to Cayman to register a company.

3. Strong confidentiality of Cayman company.

The Cayman Islands** provides privacy protection for enterprises, and the information of directors and shareholders of enterprises is absolutely confidential, and is completely not open to the public.

4. A registered Cayman company can reasonably circumvent foreign exchange control.

After registering a Cayman company, an offshore account is opened and the offshore account is used to facilitate and flexibly dispatch foreign exchange funds. Reasonable circumvention of foreign exchange controls can be more conducive to the capital operation of enterprises, and this advantage is extremely attractive compared with countries that implement foreign exchange controls.

5. Cayman companies are free to register names.

Company names are allowed to use the ending form used by companies in more than one country, and there are no restrictions on the scope of the company's business.

6. Springboard for listing and financing.

Registering a company in Cayman can avoid the domestic review process, the time to market is short, the cost is lower, and small and medium-sized enterprises that want to go public for financing can do so by registering a Cayman offshore company.

7. Cayman company registration is convenient and maintenance cost is low.

The client only needs to prepare the relevant materials, and all the subsequent registration procedures will be handled by the onshore port business agent. After the registration of the Cayman company, the company does not need to make accounts and tax returns, nor does it need to convene a general meeting of shareholders, the maintenance cost is low, and the annual review and license fee can be paid to the ** on time every year, and the annual review of the enterprise can also be handled for you through the onshore port.

8. It is convenient for enterprises to cross the operation.

In the past, domestic registered companies would be subject to various restrictions if they wanted to carry out cross-border operations, but the many advantages of registered Cayman companies have created an efficient shortcut for enterprises to go global and carry out cross-border business.

Registering for the Cayman outbreak has the following advantages:

1. Convenient tax planning.

In the Cayman Islands,** there are no direct taxes, and there is no tax on corporate profits, capital gains, or personal income. The profits derived from the company's overseas operations are not subject to profits tax, investment income and profit tax, and the exempt company guarantees that it will not pay any tax for 20 years after its establishment.

2. It is conducive to overseas listing.

Many of the Cayman Islands' policies are more "just right", providing greater convenience to investors and greater international recognition while meeting regulatory requirements. The Company Law promulgated in 1961 was born out of the old version of the British Company Law, and the policy is more suitable for the listing operation of enterprises, and it can be listed on the stock exchanges in Hong Kong, Singapore, the United States and other places, making it easier to gain the trust of overseas investors.

3. Confidentiality of business information.

Cayman has provisions in favour of confidentiality for international business companies, with minimal information disclosure, which would trigger criminal law.

4. Conducive to international **.

It is possible to circumvent some national ** protections. The company name is also free.

5. There is no foreign exchange control.

There are no foreign exchange controls in Cayman and there are no restrictions on the transfer of funds of international** companies registered here. After registering a company in Cayman, you can open an offshore account and flexibly manage foreign exchange funds.

6. No need to audit and file taxes.

There is no need to present audited statements of accounts or annual audits, bearer issuance is permitted**, and it is not necessary to have a record of local activities.

7. It is easy to register the company.

1 person can entrust a professional registration ** agency to complete the registration of the company, without the need to go to the place of registration.

8. The company is easy to manage.

Pay a certain ** management fee every year, and there is no need to hold a general meeting of shareholders or a board of directors.

Cayman Company Advantages:

Simple registration: There is no nationality restriction to register a Cayman company, and anyone with any nationality who is at least 18 years old can register a Cayman company.

Offshore operations are tax-exempt:

Generally speaking, if a Cayman exempted company is registered, the company does not have to pay tax to the local Cayman area where its business operations are not located.

No foreign exchange controls:

After registering a Cayman company, you can open an offshore account and use the offshore account to flexibly dispatch foreign exchange funds. In Cayman, there is no foreign exchange management and the transfer of funds of the international** companies registered here is not controlled.

Low registered capital:

The registered capital of a registered Cayman company only needs 50,000 US dollars, which is divided into 50,000 shares and US dollars per share.

The information is highly confidential and has a high degree of credibility:

Cayman implements the law of confidentiality for the international ** companies registered in the local area, and the local courts will prevent the bank from providing customer information to external courts, **, providing excellent hiding conditions for the enterprise and the actual controller, and anyone who discloses the company information or tries to obtain the information or obtains the information through illegal means will be punished.

Company structure construction, restructuring and listing

If SMEs want to raise funds through a listing, they can register a Cayman company to carry out the listing first, because the Cayman company can avoid domestic review procedures, have a short time to market, and have low costs.

1.It is beneficial for enterprises to avoid the best barriers. Enterprises can use domestic enterprises to export products to offshore companies, and then use offshore companies to export products to developed countries such as the United States.

2.There are no exchange controls for Cayman companies, and there are no restrictions on the transfer of funds between IBCs.

3.Overseas listing can be realized. Register an offshore company in the Cayman Islands, acquire 100% of the equity of the domestic company, and then submit the Cayman company to Hong Kong or the United States for listing to complete the overseas financing of the domestic company.

4.The confidentiality of corporate information is high, and overseas companies registered and established in the Cayman Islands enjoy a high degree of confidentiality, and the company's shareholder register is not open to the public.

5.The later management and maintenance of Cayman company is simple, there is no need to hold annual shareholders' meetings and board of directors, and the choice of location is more free. Furthermore. For Cayman companies, Cayman** charges only a small annual management fee, reducing the maintenance cost of the business.